Course Detail(E172v : Thinking Like a Fraudster to Prevent Fraud)

E172v : Thinking Like a Fraudster to Prevent Fraud NEW

7.00 CPE Hours (Category 2)
Live Webinar

Programme Objective
 
As COVID-19 pandemic continues to ravage the economy, it is not hard to see why the crisis might provide fertile ground for fraud. The combination of financial and health threats makes organisations more vulnerable and creates opportunities for fraudsters. How long will it be before employees in your organisation are guilty of misconduct? 

According to the Association of Certified Fraud Examiner’s Report to the Nations, recognizing the behavioural clues displayed by fraudsters can help organizations to detect fraud and minimize their losses more effectively. 85% of all fraudsters display at least one behavioural red flag while committing their crimes. A fraudster living beyond his or her means is consistently the most common red flag by a sizable margin. But is knowing this enough? No. 

Based on the Iceberg model, thinking creates emotions, which results in observable behaviours and eventually work performance. In this course, we go beneath behaviours to examine the thinking of fraudsters. 

Course attendees will be able to examine the thinking behind unethical behaviour, understand the human behaviour in relation to crime and law, discuss the occupational fraud and abuse, and learn how to use these insights in fraud prevention and detection. 

Programme Outline

  • Understanding human behaviour  
    • Obeying the law
    • Theories of crime causation 
  • Occupational fraud and abuse  
  • Who commits fraud?  
    • Categories of fraudsters
    • Profile of fraudsters
    • Common traits of fraudsters
  • The thinking behind unethical behaviour
    • Before: Rationalisation, Pressure, Egoism, Disregard for Authority or Rules
    • After: Gratification, Over-Optimism, Entitlement, No remorse, No consequences, Diffusion of Harm
  • Why do fraudsters do it? 
    • Factors that compel people to commit fraud
    • Motivations for fraud
  • How to use this in an investigation 
    • Considering possible motives while examining evidence
    • Interviewing suspects for motives 
    • Understanding deception
    • Assessing the subject’s honesty
  • Fraud prevention


Training Methodology

Lecture style with group discussions / sharing of case studies in breakout groups 


Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

An Intermediate to Advanced level programme intended for both Practising and Non-Practising Accountants and Auditors, especially those involved in fraud prevention, detection, and investigations.

Competency Mapping

Category 2 = 7.00 Hours

Schedule & Fees

Date & Time

23 Oct 2021 (9:00 AM - 5:00 PM)

There are no seats available.

Fee (inclusive of GST)

For Members: $ 345.61   $ 276.49
For Non-Members: $ 415.16   $ 332.13
Discount till 31 Dec 2021

Programme Facilitator(s)

Melissa Aw Yong

Venue

Live Webinar in or outside of
Singapore

Date & Time

28 Aug 2021 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Melissa Aw Yong

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Melissa Aw Yong
 

Melissa Aw Yong is a Chartered Accountant of Singapore. 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 served on the Board of Governors of the Institute of Internal Auditors of Singapore and Board of the Singapore Chapter of the Association of Certified Fraud Examiners, where she was the President for 3 years. 

Melissa obtained her Bachelor of Accountancy from Nanyang Technological University. She is a Certified Fraud Examiner (ACFE), Certified Internal Auditor (IIA), and received a Certification in Control Self-Assessment (IIA).

Currently, she heads a Regional Risk & Audit Department in an MNC. She is also a certified Coach, helping executives and leaders to be the best version of themselves. 

Programme Objective
 
As COVID-19 pandemic continues to ravage the economy, it is not hard to see why the crisis might provide fertile ground for fraud. The combination of financial and health threats makes organisations more vulnerable and creates opportunities for fraudsters. How long will it be before employees in your organisation are guilty of misconduct? 

According to the Association of Certified Fraud Examiner’s Report to the Nations, recognizing the behavioural clues displayed by fraudsters can help organizations to detect fraud and minimize their losses more effectively. 85% of all fraudsters display at least one behavioural red flag while committing their crimes. A fraudster living beyond his or her means is consistently the most common red flag by a sizable margin. But is knowing this enough? No. 

Based on the Iceberg model, thinking creates emotions, which results in observable behaviours and eventually work performance. In this course, we go beneath behaviours to examine the thinking of fraudsters. 

Course attendees will be able to examine the thinking behind unethical behaviour, understand the human behaviour in relation to crime and law, discuss the occupational fraud and abuse, and learn how to use these insights in fraud prevention and detection. 

Programme Outline

  • Understanding human behaviour  
    • Obeying the law
    • Theories of crime causation 
  • Occupational fraud and abuse  
  • Who commits fraud?  
    • Categories of fraudsters
    • Profile of fraudsters
    • Common traits of fraudsters
  • The thinking behind unethical behaviour
    • Before: Rationalisation, Pressure, Egoism, Disregard for Authority or Rules
    • After: Gratification, Over-Optimism, Entitlement, No remorse, No consequences, Diffusion of Harm
  • Why do fraudsters do it? 
    • Factors that compel people to commit fraud
    • Motivations for fraud
  • How to use this in an investigation 
    • Considering possible motives while examining evidence
    • Interviewing suspects for motives 
    • Understanding deception
    • Assessing the subject’s honesty
  • Fraud prevention


Training Methodology

Lecture style with group discussions / sharing of case studies in breakout groups 


Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

An Intermediate to Advanced level programme intended for both Practising and Non-Practising Accountants and Auditors, especially those involved in fraud prevention, detection, and investigations.

Competency Mapping

Category 2 = 7.00 Hours

Programme Facilitator(s)

Melissa Aw Yong
 

Melissa Aw Yong is a Chartered Accountant of Singapore. 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 served on the Board of Governors of the Institute of Internal Auditors of Singapore and Board of the Singapore Chapter of the Association of Certified Fraud Examiners, where she was the President for 3 years. 

Melissa obtained her Bachelor of Accountancy from Nanyang Technological University. She is a Certified Fraud Examiner (ACFE), Certified Internal Auditor (IIA), and received a Certification in Control Self-Assessment (IIA).

Currently, she heads a Regional Risk & Audit Department in an MNC. She is also a certified Coach, helping executives and leaders to be the best version of themselves. 


Upcoming Schedule

There are no seats available.

Date & Time

23 Oct 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61   $ 276.49
For Non-Members: $ 415.16   $ 332.13
Discount till 31 Dec 2021

Programme Facilitator(s)

Melissa Aw Yong

Venue

Live Webinar in or outside of
Singapore