Training Course on Fraud Risk Management in Nairobi and Mombasa; Kenya

The colossal scale of fraud means that preventing it before it occurs is more important than ever. This course builds on the skills of experienced counter fraud specialists, audit professionals and risk and compliance managers. The programme is wide-ranging and aims to provide participants with the knowledge to understand the principles of corporate governance and risk management as they relate to fraud risk, control and prevention.

Duration

5 Days

Target Audience

The course is aimed at:

a. experienced counter fraud and investigation specialists

b. audit and finance managers

c. risk and compliance professionals.

Course Objectives

On completion of the course, you will be able to:

i.                    understand the fraud risks which public bodies and other organisations face

ii.                  identify the principles and framework of good corporate governance and understand where the management of fraud risks sits within this

iii.                analyse, score and mitigate against inherent and residual fraud risks

iv.                 understand the concepts of control and assurance

v.                   devise and implement a fraud response plan

vi.                 understand the full risk management lifecycle

vii.              plan and conduct an entity-wide fraud risk assessment.

Course Content

a. Introduction

b. Fraud Risk Management — Overview

c. Principles of risk management

d. Developing a Fraud Risk Management Program

e. Fraud Risk Assessment

f. General Anti-Fraud Controls (Entity Level/Establishing an Anti-Fraud Culture)

g. Ensuring Fraud Awareness

h. Specific Anti-Fraud Controls (Process or Transaction Level)

i. Using Automated Continuous Monitoring Tools

j. Responding to Discovered 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.

Key Notes

i. The participant must be conversant with English.

ii. Upon completion of training the participant will be issued with an Authorized Training Certificate

iii. Course duration is flexible and the contents can be modified to fit any number of days.

iv. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

v. One-year post-training support Consultation and Coaching provided after the course.

vi. Payment should be done at least a week before commence of the training, to DATASTAT CONSULTANCY LTD account, as indicated in the invoice so as to enable us prepare better for you.