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FRAUD RISK MANAGEMENT

Whose Responsibility?
How To Detect And Prevent Fraud In The Organisations?

frm-fraud1

 

Overview

Financial malfeasance usually takes place not without showing signs of red flags. Are those charged with governance able to smell out potential fiascos that are brewing? From the debacle of Enron to the Satyam scandal and to the most recent fiasco in Wells Fargo Bank, there were tell-tale signs of “it’s too good to be true” – but did those in the boardroom exercise healthy scepticism? Were they able to even pose hard-ball questions to Management?

 

This session explains what fraud and fraud risk management are, including the fiduciary obligations of the Board and Management to enact pertinent fraud risk management measures to curb malpractices.

 

Actual financial fiascos that are reported in the media will be discussed, including the flagging of root causes & what could have been done to prevent or detect the fraudulent activities.

 

This session also covers the positions taken by the Companies Act, 2016, the Listing Requirements & the Capital Markets & Services Act, 2007 on fraud risk management.

 

Case studies of financial fraud arising from internal & external audits will be shared, including the root causes that gave rise to fraudulent activities in the organizations concerned.

 

Approach

The half-day session is meant to impart pertinent knowledge and insights on the intricacies of the topic covered by the Governance Expert.  Case studies will be used  to explain the topics with better clarity.

 

A “Questions & Comments” session is provided at the end of the session, enabling participants to engage with the speaker either on clarification of matters or additional information pertaining to the topics covered.

 

The session will be led by an ex-KPMG partner with 36 years of experience in 4 key practices, namely Internal Audit, Risk & Compliance Services, Financial Risk Management, Forensic, and Accounting Advisory Services.

 

To read more about this programme or to register for the workshop, click on the links below:

 

    

SUMMARY

WHO SHOULD ATTEND

FOR BOTH GENDERS
Aspiring, new and current Directors, Chief Executive Officers, Chief Financial Officers, Company Secretaries, Compliance, Risk Management and Governance Officers, Investors, Internal and External Auditors


DATES
TBC
2:00 pm to 6:00 pm


FEE
Member : RM480
Non Member: RM600
Group: RM510

(inclusive of workshop, materials, lunch/coffee breaks)

 

HRDF CLAIMABLE


VENUE

Connexion @Nexus, Bangsar South


ENQUIRIES

For more enquires or further information:

 

Liza Chong
Email: liza@lead-women.com