Management for any organization, both private and public sector, are at risk of receiving the unpleasant news that their organization has been victimized by a fraudulent act or attempted fraud. Regardless of the alleged source of the fraud being internal or external to the organization, having a fraud response plan that can be activated quickly is critical to minimize financial and reputational damage. This webinar is designed to provide participants with successful strategies that can be used to either enhance an existing fraud response plan or establish a new cost-effective fraud response plan. The session is designed for both private and public sector executives responsible for managing fraud impacts as well as parties responsible for oversight and management of their organizations fraud response plan.
The session is divided into four modules. In the first module, the principles of a fraud response plan, including the investigative process, will be reviewed. The second module will discuss the pros and cons of using in-house or external parties in a fraud response plan. The third module will outline a hybrid model, successfully run by the webinar instructor, that provided a cost effective fraud response plan for a large, high profile, organization. The fourth module will include a review of challenging scenarios that have been encountered. Session participants will be provided with scenarios, asked for input on potential resolutions for discussion and be able to compare their responses to the solutions that were implemented.
At the end of the webinar, participants will be able to review their organizations existing fraud response plans and implement adjustments as appropriate to enhance the ability for their organization to respond to fraud allegations in a cost effective manner.