Course Detail()
Not Available

UTAP Funding

7.00 CPE Hours (Category 2, Others)
Classroom

This course was formerly known as MP117: Forensic Investigation and Fraud Detection Techniques

Programme Objective                                                       

Recent fraud case shows once again the vulnerability of the procurement process. Whistle blowing programmes will to some extend mitigate internal fraud but there is a need to strengthen the process by adopting effective fraud detection protocols in place to uphold ethical and professional business conduct. At the end of the course the participants should be able to:

  1. Understand the need for proactive fraud detection
  2. Appreciate the ethical, legal & evidential issues in fraud offences
  3. Understand fraud investigation methodology
  4. Apply the fraud detection techniques of GHOST Protocol
  5. Manage the investigation process according to best practices

Programme Outline

 

Information per se will not be sufficient to identify and solve the problem. There is also a critical need to develop the information to establish sufficient grounds for reporting the case. This can only be achieved by conducting proper investigations including the identification of lapses in the system and or any negligence for rectification. 

FRAUD DETECTION FUNDAMENTALS

Fraud or Corruption prevention fundamentals: Key identifiers, patterns & profiles
  1. Analytical Investigation Methods (AIMs) in establishing relationship links to identify unethical behavior misconduct, and potential conflicts of interest
  2. Legal & evidential issues relating to fraud offences
  3. Professional Ethics & due diligence – improving on the confidence in the whistleblowing system
  4. Screening & monitoring system (SMS) 3P Fraud analysis method to identify potential fraud
  5. Fraud detection techniques – GHOST Protocol
INVESTIGATION METHOLOGY

Many internal investigations adopting conventional methods are ineffective against fraud. Technology advances allowed fraudsters to capitalize on providing all sorts of fake documents, making it necessary to understand the basics in document examination to identify suspect documents. The innovative concept of the 5 pistons of an investigation will be applied in the financial investigation context to specifically detect fraud as follows:
  1. Interview techniques
  2. Forensic / document examination
  3. Intelligence
  4. Industry Knowledge &
  5. Technology
INVESTIGATION MANAGEMENT SYSTEM
  1. Preliminary assessment – objective analysis & inquiries
  2. Follow-up investigations – gathering of evidence & analysis
  3. Supervision – monitoring the investigation & closure
  4. Review – identify lapses in processes & supervision
  5. Documentation – investigation records & report
 
There is always a need for quality control in any product or service provided. This is the same for the internal investigation process. This module will focus on the documentation that is necessary for completing an investigation and ensuring proper investigations conducted as required by the Employment Act. Also included are the best practices (ensuring professionalism & fairness) in preparing your investigation report for submission to your superior, committee or for legal proceedings.
 
Training Methodology

Lecture style, with Practical Exercises/Case Studies
 
Closing Date for Registration

1 week before programme or until full enrolment
 

Intended For

An Intermediate level programme intended for: Forensic Accountants Government Accountants; Investigators; Independent Auditors; Internal Auditors; Law Enforcement Officers; Recruitment Managers; Human Resource Managers Finance Managers Professionals who like to gain more insights to real-life Investigative work are welcome to attend.

Schedule & Fees

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)

UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.
 
To find out more on the UTAP funding and support validity period please click here.
 
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)

This course was formerly known as MP117: Forensic Investigation and Fraud Detection Techniques

Programme Objective                                                       

Recent fraud case shows once again the vulnerability of the procurement process. Whistle blowing programmes will to some extend mitigate internal fraud but there is a need to strengthen the process by adopting effective fraud detection protocols in place to uphold ethical and professional business conduct. At the end of the course the participants should be able to:

  1. Understand the need for proactive fraud detection
  2. Appreciate the ethical, legal & evidential issues in fraud offences
  3. Understand fraud investigation methodology
  4. Apply the fraud detection techniques of GHOST Protocol
  5. Manage the investigation process according to best practices

Programme Outline

 

Information per se will not be sufficient to identify and solve the problem. There is also a critical need to develop the information to establish sufficient grounds for reporting the case. This can only be achieved by conducting proper investigations including the identification of lapses in the system and or any negligence for rectification. 

FRAUD DETECTION FUNDAMENTALS

Fraud or Corruption prevention fundamentals: Key identifiers, patterns & profiles
  1. Analytical Investigation Methods (AIMs) in establishing relationship links to identify unethical behavior misconduct, and potential conflicts of interest
  2. Legal & evidential issues relating to fraud offences
  3. Professional Ethics & due diligence – improving on the confidence in the whistleblowing system
  4. Screening & monitoring system (SMS) 3P Fraud analysis method to identify potential fraud
  5. Fraud detection techniques – GHOST Protocol
INVESTIGATION METHOLOGY

Many internal investigations adopting conventional methods are ineffective against fraud. Technology advances allowed fraudsters to capitalize on providing all sorts of fake documents, making it necessary to understand the basics in document examination to identify suspect documents. The innovative concept of the 5 pistons of an investigation will be applied in the financial investigation context to specifically detect fraud as follows:
  1. Interview techniques
  2. Forensic / document examination
  3. Intelligence
  4. Industry Knowledge &
  5. Technology
INVESTIGATION MANAGEMENT SYSTEM
  1. Preliminary assessment – objective analysis & inquiries
  2. Follow-up investigations – gathering of evidence & analysis
  3. Supervision – monitoring the investigation & closure
  4. Review – identify lapses in processes & supervision
  5. Documentation – investigation records & report
 
There is always a need for quality control in any product or service provided. This is the same for the internal investigation process. This module will focus on the documentation that is necessary for completing an investigation and ensuring proper investigations conducted as required by the Employment Act. Also included are the best practices (ensuring professionalism & fairness) in preparing your investigation report for submission to your superior, committee or for legal proceedings.
 
Training Methodology

Lecture style, with Practical Exercises/Case Studies
 
Closing Date for Registration

1 week before programme or until full enrolment
 

Intended For

An Intermediate level programme intended for: Forensic Accountants Government Accountants; Investigators; Independent Auditors; Internal Auditors; Law Enforcement Officers; Recruitment Managers; Human Resource Managers Finance Managers Professionals who like to gain more insights to real-life Investigative work are welcome to attend.

Programme Facilitator(s)


No course instances or course instance sessions available.