Programme Outline

Findings from the latest EY Global Integrity Report 2022 reveal that disruption caused by the COVID-19 pandemic has underlined the importance of integrity and the need for public and private sector organisations to be more effective in deterring and detecting fraud and unethical behaviours. Opportunities to commit fraud have increased due to widespread supply chain disruption, override of internal controls due to work from home or virtual arrangements, increased digitalisation and reliance on scanned documents prone to forgery.

For public sector organisations, these increased opportunities, added performance and financial pressures, coupled with higher public sector spending, grants and other disbursements to support businesses and livelihoods, have significantly heightened risks of fraud and cybercrime.

One of the key recommended actions from the EY Global Integrity Report is to leverage technology and data to enhance proactive monitoring initiatives and harness AI to find patterns of unethical behaviour. Organisations that successfully leverage the growth in data volumes to detect irregular behaviours and guide their response to preventing, detecting and investigating them are more likely to avoid or reduce financial losses, business disruption and reputational harm.

In this session, we will explore the fraud risk landscape, leveraging on findings from published reports and our experiences working on a myriad of engagements, and also discuss key elements of a fraud risk management framework, and the role of analytics and technology enablement. We will explore the types of analytics that are embedded in fraud detection solutions. We will examine how fraud risk assessments, analytics, workflow and case management are woven to provide a holistic approach towards embedding analytics in fraud detection and investigations, and contribute to driving desired business outcomes.

Please click here to view the entire Web-Bitez Series.

*Please access the platform at least 15 mins prior to the webinar. 

*The Institute reserves the right to amend the programme, month, and mode of delivery as deemed necessary without prior notice

NOTE:

• The Web-Bitez Learning Series will be held on 2nd or 3rd Friday of every month, 3 to 5pm on from Mar to Dec 2022
• The Web-Bitez Learning Series will be held as a Live Webinar.
• A detailed set of instructions will be sent to you before the session.
• The dates and content published on the website are indicative and subject to changes.
• Playback of web-bitez series is available within 6 months from the webinar date.
• Request for deferment, switch of courses or refund of package fees in full or partial is strictly not allowed, even in the event of no-show.

Your enrolment would constitute that you have read and accepted the Terms and Conditions.

Training Methodology

Live Webinar

Closing Date for Registration

1 week before commencement or until full enrolment. 

Intended For

Public Sector finance leaders and finance professionals

Programme Facilitator(s)