Screening and Detection of Fraud and Risks

Introduction:

Screening and detection of fraud and risks are essential governance functions that enable organizations to identify fraudulent activities, assess vulnerabilities, and strengthen organizational resilience against financial and operational threats. They integrate fraud risk management, data analytics, internal controls, forensic accounting, compliance, risk assessment, and governance to protect organizational assets and maintain stakeholder confidence. This training program explores fraud detection frameworks, risk assessment methodologies, screening techniques, and governance practices. It provides an institutional perspective on how effective fraud risk management strengthens compliance, organizational integrity, and operational resilience.

Program Objectives:

By the end of this program, participants will be able to:

• Analyze fraud risk management and fraud detection frameworks.

• Evaluate fraud screening methodologies, analytical tools, and monitoring systems.

• Assess fraud risk assessment and organizational risk management practices.

• Examine fraud investigation, forensic analysis, and reporting frameworks.

• Explore governance practices that strengthen fraud prevention, regulatory compliance, and organizational resilience.

Target Audience:

• Internal Auditors.

• Compliance Officers.

• Risk Management Professionals.

• Finance Managers.

• Fraud Investigators.

Program Outline:

Unit 1:

Foundations of Fraud and Risk Management:

• Fraud classification frameworks.

• Financial, operational, and cyber fraud typologies.

• Fraud risk categories.

• Fraud indicators and risk signals.

• Fraud governance principles.

Unit 2:

Fraud Screening and Detection Frameworks:

• Fraud screening methodologies.

• Data analytics for fraud detection.

• Transaction monitoring frameworks.

• Internal control systems for fraud prevention.

• Fraud detection system effectiveness.

Unit 3:

Fraud Risk Assessment and Analysis:

• Fraud risk assessment frameworks.

• Qualitative and quantitative risk assessment models.

• High-risk process identification.

• Key Risk Indicators (KRIs).

• Fraud risk prioritization frameworks.

Unit 4:

Fraud Investigation and Forensic Governance:

• Fraud investigation frameworks.

• Forensic accounting methodologies.

• Evidence governance and documentation.

• Fraud reporting frameworks.

• Investigation governance and legal considerations.

Unit 5:

Enterprise Fraud Risk Governance:

• Fraud risk management frameworks.

• Fraud prevention governance.

• Organizational ethics and compliance culture.

• Technology-enabled fraud management.

• Continuous fraud monitoring and governance.