The Fraud Triangle places the likelihood of internal fraud within a matrix of motivation, rationalisation and opportunity. While much attention is given to controls, technology, and procedures, much less is given to staff ethics and attitudes. Unless motivation and rationalisation are also addressed in terms of individual conduct and organisational cultures, then the opportunity and risk are ever-present. In such circumstances, the possibility of pre-emption, early reporting and prevention diminish and organisations are left with expensive investigations chasing losses and breaches.
Following the earlier Masterclass on internal investigations, this Masterclass will look not only at preventative lessons from cases but also how organisations can develop stronger cultures that are more resilient and resistant to fraud and dishonesty.
|09:00||09:30||Registration with coffee/tea & light refreshments|
|09:30||Introduction and welcome from the Chair||Alan Brown|
|09:30||10:30||· As forensic accountants, we recognise that businesses regardless of size or sector are susceptible to fraud. Our recent case studies highlight the risks faced by businesses from insider fraud, and show how in the majority of cases, the crime and subsequent losses were preventable. |
· We will talk about the behavioural red flags and warning signs which may indicate an employee may be engaged in fraudulent activity.
· We will also discuss the practical measures to be taken in order to make systems and controls more robust, to ensure the opportunity for fraud is eliminated to prevent losses to businesses.
|Maria McKenna – Tait Walker|
|10:45||11:25||Insider Fraud Case Studies||Andy King – DS Cleveland Police|
|11:25||12:10||A presentation about how to handle a fraud from an employment perspective, to try and avoid counter claims being issued against a company for wrongful dismissal by the fraudster.||Paul Clark - Jacksons Law|