Modern approaches to fraud prevention
Fraud and financial malpractice is a growing concern for all organisations. This form of damaging behaviour not only threatens the business process of the company but also negatively affects the integrity of employees and the reputation of the corporation.
This 1-day training session will be led by 2 experienced instructors: an investigative psychologist and a forensic accountant. Participants will gain knowledge about the financial and psychological aspects of white-collar crime, the indicators of potential risk, risk management and prevention strategy. Cases will be presented. Training can be extended to a 2-day workshop in which participants will have more opportunity to practise by investigating and assessing cases.
Introduction to financial crime
What is financial fraud and which forms of this crime are unwanted and contravene acceptable standards of integrity; when does it become a criminal offence? How often does it occur and how high are the losses?
The motivation for financial misconduct is complex and seldom purely for monetary gain. Specific personality traits, stressful life events and working circumstances contribute to fraud risk. Emotional characteristics play an important role in the decision making of the offender and influence the modus operandi.
Personality based integrity screening
How can companies filter high-risk applicants effectively? What should an effective assessment consist of? Which situations and personality characteristics increase the risk of an applicant becoming a white-collar criminal? All these questions will be addressed from a theoretical as well as case-experience perspective.
Fraud risk management
What can an organisation do to lower the risk of being confronted with economic crime? A successful prevention policy and how to integrate this in the daily routine of the organisation will be presented and discussed. How can those individuals who have been identified as high risk be managed effectively?