- Fraud is an ever present threat to each business but is one which is rarely managed effectively.
- It is often convenient to assume that fraud is a minor issue or that it only impacts other organisations
- The reality is that fraud is happening in most organisations today and almost certainly will be an increasing problem.
- The good news is that most frauds can be spotted if you know what to look for
- Many organisations rely on internal controls to prevent and detect fraud. This is unwise. The fraudster invariably knows your controls well and how to bypass them.
- Complacency, poorly applied procedures and the fast pace of change are the fraudster’s main allies
- Add to this the ever-increasing reliance on technology, and it is no great surprise that fraud is escalating both in frequency and magnitude – in all industry sectors and all economies.
- During the current economic difficulties across the world, fraud poses an even greater threat.
- This course will help you significantly enhance your approach in all these key areas