Course Detail(E133 : Ethics & Anti-Fraud Management)

SDF Funding, SkillsFuture Credit, UTAP Funding

E133 : Ethics & Anti-Fraud Management

7.00 CPE Hours (Category 2)
Classroom

Programme Objective

Do you know that according to the Association of Certified Fraud Examiner’s 2014 Report to the Nations, employees committed 42% of occupational frauds but only caused a median loss of USD 75,000? Managers ranked in the middle, committing 36% of frauds with a median loss of USD 130,000. Conversely, owners/executives only accounted for 19% of all cases, but they caused a median loss of USD 500,000. The higher the perpetrator’s level of authority, the greater fraud losses tend to be!
Given that fraud occurs at all level, with fraud losses increasing in tandem with the perpetrator level, this programme examines the key ethical dilemma commonly faced by each level of personnel in your organisation. It sharpens participants’ ability to identify red-flags of unethical practices and to implement preventive and detective anti-fraud controls. The programme guides participants to drive entity-wide initiatives to manage fraud and to understand practical challenges in their efforts.

Programme Outline

Key Ethical Dilemmas

  • Discuss local and international fraud cases
  • Examine trends in ethical dilemmas
  • Analyse challenges faced by personnel

Red-Flags in Daily Operations

  • Learn to identify red-flags in:
  • Employee behaviours
  • Management behaviours
  • Cash and Accounts Receivable
  • Payroll
  • Purchasing and Inventory

Anti-Fraud Controls

  • Implement anti-fraud controls to prevent and detect:
  • Skimming Schemes
  • Cash Larceny
  • Billing Schemes
  • Cash Register Disbursement Schemes
  • Cheque Tampering Schemes
  • Expense Reimbursement Schemes
  • Payroll Schemes

Organisation-Wide Efforts to Fight Fraud

  • Define the role of top management in driving organisational ethics
  • Understand challenges in implementing organisation-wide initiatives

Training Methodology

Highly interactive and dynamic workshop-style discussions that engage participants through group sharing, focused activities, and case study based simulations.

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This Intermediate Level Programme is intended for professionals especially in the fields of Procurement, Inventory Management, Internal Audit, Finance and Accounting and Human Resources who are involved in the activities in preventing and detecting fraud   Decision makers including C-suite, Directors and other Senior Management personnel who are responsible to drive anti-fraud policy and initiatives are welcome to attend.

Competency Mapping

Category 2 = 7.00 Hours

Schedule & Fees

Date & Time

14 Dec 2019 (9:00 AM - 5:00 PM)

Registration is closed

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Melissa Aw Yong

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

11 Apr 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Melissa Aw Yong

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

15 Aug 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Melissa Aw Yong

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

19 Dec 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Melissa Aw Yong

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

17 Aug 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Melissa Aw Yong

Date & Time

13 Apr 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Melissa Aw Yong

Date & Time

22 Dec 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Melissa Aw Yong

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 14 Oct 2020
Course Ref No.: CRS-N-0045942

All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. The credits will not expire and periodic top-ups will be provided by the government. SFC may be accumulated to pay for skills related course fees. You may wish to use your SFC to pay for partial/full ISCA course fees.  (For more information on the SFC scheme, please visit http://www.skillsfuture.sg/credit)

If you wish to enrol for the course with SFC Funding, please proceed with the following steps:

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for SkillsFuture Credit?”, click “Yes” and input all required information. At the Cart page, please ensure that SFC funding is applied before clicking “Checkout”.
  • Step 2: After successful enrolment, please proceed to submit SFC claim on Skillsfuture Portal within 60 days before the course start date and obtain the necessary approval. Please submit SFC claim via SFC portal here: http://www.skillsfuture.sg/credit.

 

Failure to submit claim application and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use. Please note that there will be an administrative fee of $42.80 for any revision of invoice.


2] WDA Training Grant - SDF Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (Eligibility criteria apply). 
 
Funding Period: Until 14 Oct 2020
Funded Hours: 7 hours
Course Ref No.: CRS-N-0045942

 

If you wish to enrol participants with SDF Funding, please proceed with the following steps (For Corporate enrolments only) :

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for WDA Funding?”, click Yes and input all required information. At the Cart page, please ensure that SDF funding is applied before clicking “Checkout”.
     
  • Step 2: After successful enrolment, please proceed to submit the Training Grant application via SkillsConnect Portal here: https://www.skillsconnect.gov.sg/

 

Employers of company-sponsored participants must submit training grant via SkillsConnect system to obtain training grant for course fees. You may submit the Training Grant application within the period from 30 days before the course start date to 30 days after course start date. Please note that there will be an administrative fee of $42.80 for any revision of invoice.

 

Eligibility Criteria:

  • Company must be registered or incorporated in Singapore and;
  • Applicant is taking the course for the first time.
  • Applicant must be employed, and is either Singapore Citizen or Permanent Resident of Singapore and;
  • Applicant must achieve at least 75% attendance, and pass all examinations /assessments and;
  • Applicant must be fully sponsored by the Company for all costs associated with the training and;
  • Payment has to be made via corporate means (e.g. corporate cheque, corporate GIRO, corporate credit card).


3] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members. NTUC member gets to enjoy UTAP funding 50% of the unfunded course fee capped at $250 every year. This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2019 – 31 March 2020.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.


To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
 
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)


Melissa Aw Yong

Melissa Aw Yong is a Chartered Accountant of Singapore (ISCA). She is one of the Board of Governors of the Institute of Internal Auditors of Singapore. She served on the Board of the Singapore Chapter of the Association of Certified Fraud Examiners, where she was the President for 3 years. She gained valuable work experience in internal audit, risk management, compliance and fraud investigations with professional firms, multi-national corporations and government linked companies. Melissa obtained her Bachelor of Accountancy from Nanyang Technological University. She is also a Certified Internal Auditor (IIA), received a Certification in Control Self-Assessment (IIA), and a Certified Fraud Examiner (ACFE).

Programme Objective

Do you know that according to the Association of Certified Fraud Examiner’s 2014 Report to the Nations, employees committed 42% of occupational frauds but only caused a median loss of USD 75,000? Managers ranked in the middle, committing 36% of frauds with a median loss of USD 130,000. Conversely, owners/executives only accounted for 19% of all cases, but they caused a median loss of USD 500,000. The higher the perpetrator’s level of authority, the greater fraud losses tend to be!
Given that fraud occurs at all level, with fraud losses increasing in tandem with the perpetrator level, this programme examines the key ethical dilemma commonly faced by each level of personnel in your organisation. It sharpens participants’ ability to identify red-flags of unethical practices and to implement preventive and detective anti-fraud controls. The programme guides participants to drive entity-wide initiatives to manage fraud and to understand practical challenges in their efforts.

Programme Outline

Key Ethical Dilemmas

  • Discuss local and international fraud cases
  • Examine trends in ethical dilemmas
  • Analyse challenges faced by personnel

Red-Flags in Daily Operations

  • Learn to identify red-flags in:
  • Employee behaviours
  • Management behaviours
  • Cash and Accounts Receivable
  • Payroll
  • Purchasing and Inventory

Anti-Fraud Controls

  • Implement anti-fraud controls to prevent and detect:
  • Skimming Schemes
  • Cash Larceny
  • Billing Schemes
  • Cash Register Disbursement Schemes
  • Cheque Tampering Schemes
  • Expense Reimbursement Schemes
  • Payroll Schemes

Organisation-Wide Efforts to Fight Fraud

  • Define the role of top management in driving organisational ethics
  • Understand challenges in implementing organisation-wide initiatives

Training Methodology

Highly interactive and dynamic workshop-style discussions that engage participants through group sharing, focused activities, and case study based simulations.

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This Intermediate Level Programme is intended for professionals especially in the fields of Procurement, Inventory Management, Internal Audit, Finance and Accounting and Human Resources who are involved in the activities in preventing and detecting fraud   Decision makers including C-suite, Directors and other Senior Management personnel who are responsible to drive anti-fraud policy and initiatives are welcome to attend.

Competency Mapping

Category 2 = 7.00 Hours

Programme Facilitator(s)

Melissa Aw Yong

Melissa Aw Yong is a Chartered Accountant of Singapore (ISCA). She is one of the Board of Governors of the Institute of Internal Auditors of Singapore. She served on the Board of the Singapore Chapter of the Association of Certified Fraud Examiners, where she was the President for 3 years. She gained valuable work experience in internal audit, risk management, compliance and fraud investigations with professional firms, multi-national corporations and government linked companies. Melissa obtained her Bachelor of Accountancy from Nanyang Technological University. She is also a Certified Internal Auditor (IIA), received a Certification in Control Self-Assessment (IIA), and a Certified Fraud Examiner (ACFE).


Upcoming Schedule

Date & Time

11 Apr 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Melissa Aw Yong

Venue

60 Cecil Street
ISCA House
Singapore 049709