Counter Fraud Strategy
To provide counter fraud staff with the skills and knowledge to understand the scale of the problem encountered through fraudulent activity and to recognise how the threat can be specifically addressed using loss measurement methodology.
On completion of the course students should be able to:
- Explain what professionalism means within the context of FLM
- Describe definitions of fraud and corruption
- Recognise the threat from both internal and external fraud
- Understand the impact of the financial cost of fraud
- Describe how a fully integrated fraud strategy is developed through the implementation of FLM
- Understand how the concept of FLM has evolved
- State the key stages of FLM
- Understand how to obtain a statistically valid sample
- Design a sampling template
- State why a uniform approach is essential when examining cases from the selected sample
- State the burden of proof required in both a Criminal and Civil prosecution
- Understand how adopting FLM methodology will reduce losses to fraud and error
- Apply the learning to a case study
Who should attend
- All counter fraud staff and managers whose duties involve developing fraud strategy and action plans
- Accredited Counter Fraud Specialists who have identified this area for inclusion in their Continuing Professional Development programme
The course is very interactive being practical skills and knowledge based. Training methodologies include classroom based learning; trainer led discussion; syndicate and pair working; quiz activities; power points and case studies. The training is fully evaluated with results fed back to the organisation.
Assessment and trainers
Students have the opportunity to assess their learning through the completion of a multiple choice question test and a subjective learning assignment. On successful completion students receive a certificate to evidence their Continuing Professional Development. The course is delivered by experienced and qualified Counter Fraud trainers who are subject matter experts in their field having developed FLM strategy in both the public and private sectors.
Duration and student numbers
Two days with a maximum of eight.
There are no upcoming events at this time.