Fraud And Internal Control Course

COURSE OVERVIEW

Introduction

Have you put measures to safeguard your organization resources from misuse, fraud and misappropriation? Have you instituted internal controls in your organization? Are you losing money and other resources due to weak controls, fraud, and misuse? As a director, manager or even business owner, how do you institute internal controls in your organization?

Weak internal controls expose organizations resources to exploitation. Excessive internal controls reduce productivity, increase the complexity of everyday transactions, and add no value to the organization’s activities. Designing and implementing an effective system of internal control for your organization or department is an important step towards safeguarding your resources and ensuring efficient utilization. Directors, senior managers, supervisors and even business owners must identify the key internal control exposure areas in your organizations and institute effective control measures as a way of ensuring that organizational resources are safeguarded.

Duration

• 5 days

Who should attend?

• Directors
• Head of Departments
• Managers
• Supervisors
• Any staff overseeing a function/ unit
• Finance staff
• Internal audit
• Risk & compliance
• CEO's
• CFO's
• Business Owners

Course Objectives

• Explain the concepts and principles of Internal Controls
• Appreciate the true cost of financial fraud, both in relation to specific businesses/organizations and society as a whole
• Describe the traits and behavior of those who commit fraud
• Apply in-depth investigation of fraud detection techniques
• Conduct gathering of intelligence, case planning, establishing goals and ultimately initiating a case.
• Gather evidence that can prove or disapprove a case
• Plan and conduct effective interviews
• Assess risk factors and best practices in risk prevention
• Identify different types of cyber-data and crime

Course Outline

• Demystifying Internal Control
• Internal controls & risk management
• Role of the board and management in setting up internal controls
• Identifying internal controls lapse prone areas and instituting controls
• Fraud reflags
• Detecting & preventing fraud

Methodology

The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

Certification

Upon successful completion of this training, participants will be issued with Steady Development Centre certificate.

Training Venue

The training will be held at Steady Development Centre. The course fee covers the course tuition, training materials, two break refreshments and lunch.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

Accommodation and Airport Pickup

Accommodation and airport pickup are arranged upon request. For reservations contact the training officer.

• Email: training@steadydevelopmentcentre.com
• Mobile: +254 718108851

Tailor- Made

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our  Steady Development Centre or at a convenient location.

Payment

The course fee payment should be transferred to Steady Development Centre account through bank, 3 working days before commencement of the training so as to enable us to prepare better.

For further inquiries, please contact us on:

• Tel: +254 718108851
• Email: training@steadydevelopmentcentre.com

Our Upcoming Training Schedule