This course is solely for SingHealth Group Staff Training.
If you are not a SingHealth Staff, please click here to register the session open for public.
Programme Objective
58% of the corporate fraud in Singapore were committed by staff, according to a research conducted by a KPMG-SMU Singapore Fraud Survey. The oil trader Hin Leong has been in the news as the centre of massive fraud and creative accounting. What can you do to avoid such fraud? What are your company’s rights in such situations?
This practical workshop will examine the relevant laws governing fraudulent offences in Singapore and possible ways of remedies. Specific discussions will focus on the common types of company frauds and fraudulent acts committed by staffs, insiders and company suppliers. We will also discuss the relevant safeguards to protect companies’ interests and the likely areas of recourse when frauds are committed by insiders and suppliers.
What you will learn
At the end of this workshop, you will:
- Have a comprehensive understanding of the legal processes involved in fraudulent proceedings
- Be able to better design internal work processes and financial governance policies to safeguard yourself and your organisation against fraudulent acts committed by staffs and suppliers.
- Sharpen your ability to identify red-flags of unethical practices
Programme Outline
- Common types of fraud – misuse of cheques, fake invoices, corruption, misuse of company funds, etc
- Relevant criminal laws – cheating, forgery, criminal breach of trust, theft, receiving stolen property, bribery, money-laundering
- Criminal procedures – investigation, arrest, court trials, sentencing
- Civil Remedies – lawsuits against offenders, use of constructive trusts against recipients of stolen property, lawsuits against banks, claims against accomplices and recipients of funds, claims against those assisting in offences, auditors’ liability
- Legal safeguards – employment contracts, insurance, fraud policies, publicity, preserving evidence, forensic accounting
- Ethical duties of employees
- Practical steps in ensuring / encouraging ethical conduct of employees
- Dealing with employee’s ethical breaches
- Case studies
- Sharing of real life and recent cases
- The lessons to be learnt from ethical and legal standpoint
Training Methodology
Lecture style with case study discussion
Closing Date for Registration
1 week before programme or until full enrolment.
Intended For
A Foundation to Intermediate level programme intended for both Practicing and Non-Practicing Accountants and Auditors.
Schedule & Fees
Testimonial
Funding
No funding Available!
Programme Facilitator(s)
This course is solely for SingHealth Group Staff Training.
If you are not a SingHealth Staff, please click here to register the session open for public.
Programme Objective
58% of the corporate fraud in Singapore were committed by staff, according to a research conducted by a KPMG-SMU Singapore Fraud Survey. The oil trader Hin Leong has been in the news as the centre of massive fraud and creative accounting. What can you do to avoid such fraud? What are your company’s rights in such situations?
This practical workshop will examine the relevant laws governing fraudulent offences in Singapore and possible ways of remedies. Specific discussions will focus on the common types of company frauds and fraudulent acts committed by staffs, insiders and company suppliers. We will also discuss the relevant safeguards to protect companies’ interests and the likely areas of recourse when frauds are committed by insiders and suppliers.
What you will learn
At the end of this workshop, you will:
- Have a comprehensive understanding of the legal processes involved in fraudulent proceedings
- Be able to better design internal work processes and financial governance policies to safeguard yourself and your organisation against fraudulent acts committed by staffs and suppliers.
- Sharpen your ability to identify red-flags of unethical practices
Programme Outline
- Common types of fraud – misuse of cheques, fake invoices, corruption, misuse of company funds, etc
- Relevant criminal laws – cheating, forgery, criminal breach of trust, theft, receiving stolen property, bribery, money-laundering
- Criminal procedures – investigation, arrest, court trials, sentencing
- Civil Remedies – lawsuits against offenders, use of constructive trusts against recipients of stolen property, lawsuits against banks, claims against accomplices and recipients of funds, claims against those assisting in offences, auditors’ liability
- Legal safeguards – employment contracts, insurance, fraud policies, publicity, preserving evidence, forensic accounting
- Ethical duties of employees
- Practical steps in ensuring / encouraging ethical conduct of employees
- Dealing with employee’s ethical breaches
- Case studies
- Sharing of real life and recent cases
- The lessons to be learnt from ethical and legal standpoint
Training Methodology
Lecture style with case study discussion
Closing Date for Registration
1 week before programme or until full enrolment.
Intended For
A Foundation to Intermediate level programme intended for both Practicing and Non-Practicing Accountants and Auditors.
Programme Facilitator(s)
