In finance the difference between a healthy position on internal fraud awareness and a dangerous one is often a single assumption. Growth built on poorly controlled the practice within financial and banking practice reverses faster than it accumulated. The course sets out a working method for this strand of financial and banking practice that participants can apply the week they return. Across sectors, teams that rehearse internal fraud awareness outperform teams that only plan it. The material serves both public bodies and commercial organisations dealing with the practice within financial and banking practice. Participants develop a defensible line of reasoning for the choices they make about this strand of financial and banking practice. Progress on internal fraud awareness is usually lost in the gap between approval and execution. Discussion is anchored to worked examples of the practice within financial and banking practice rather than to abstract argument. The course ends by identifying what the participant will stop doing to make this strand of financial and banking practice sustainable.
Expected Learning Outcomes
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Build the audit evidence that demonstrates internal fraud awareness operated as designed.
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Build a register of the risks attaching to internal fraud awareness and keep it current.
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Communicate the purpose of internal fraud awareness to those who have to comply with it.
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Set a realistic target state for internal fraud awareness and a defensible route to it.
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Price internal fraud awareness to reflect the risk actually being taken.
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Define the risk appetite applying to internal fraud awareness and translate it into operating limits.
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Build the client due diligence and monitoring appropriate to internal fraud awareness.
Who Should Attend
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Operations staff executing and settling internal fraud awareness.
