Preventing Financial Crime

(38 customer reviews)
by

Understand the various types of financial crime and the controls that can be used to limit the opportunities for fraudsters to commit them. Look at how to create the right culture within an organisation to discourage collusion in fraud and encourage reporting and disclosure.

£150 +VAT

4 CPD hours

365 days’ access

Use ACPD101 for 10% off any purchase.

Preventing Financial Crime

(38 customer reviews)

£150 +VAT

4 CPD Course

365 days’ access

Use ACPD101 for 10% off any purchase.

Preventing Financial Crime

(38 customer reviews)

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Understand the range of financial crimes which can be committed, as well as the motives and profiles of those likely to commit them
  • Gain comprehensive skills in risk management and improve your assessment of risk factors
  • Identify how to properly approach and report financial crimes
  • Develop an effective policy for IT system risks
  • Know how to influence ethical behaviour and create the right kind of corporate culture

About the course

Financial crime can be committed by anyone in an organisation, who is motivated by some need or desire, prepared to rationalise their actions, and thinks they won’t get caught. It can also be committed by external sources through malware attacks, therefore having an understanding of this area is crucial for protecting your organisation.

This course will enable you to understand the various types of financial crime and the controls that can be used to limit the opportunities for fraudsters to commit them. More importantly you will look at how to create the right culture within an organisation to not only discourage collusion in fraud but also to encourage reporting and disclosure. You’ll be able to implement strategies for risk management and responding to financial crime, as well as how to protect your organisation’s IT system.

Contents

Defining financial crime

The role of the accountant
What is financial crime?
The cost of fraud
Management fraud
Identifying criminals to uncover crime
Individuals and financial crimes
Money laundering
Bribery and corruption
FATF and the law

Organisation wide approaches

Corporate culture
Financial crime within organisations
Safeguarding against misconduct
Policies and procedures
The role of audit
The tone at the top

Individual financial crimes

Criminal motivations
Accounting aspects
Internal controls
The control environment
Monitoring controls
Spotting opportunities

Risk management and control

Inherent risk
Risk management
Risk management approaches
CRSA and ERM
Responding to financial crime
Red flags

IT approaches to fraud prevention

Assessing IT system risks
Protecting IT systems
The right solutions
Policy and procedure
Areas of vulnerability
Actions to be taken
Cloud computing
Formal risk management
Forensic readiness

Author

John Taylor

John Taylor

John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp – Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.

38 reviews for Preventing Financial Crime

  1. Richard DePass –

    The content is very relevant to the work professionals are required to deliver. We can only be better as we pursue these courses.

  2. Delilah Thobias –

    Well presented

  3. Joanne Clough –

    This course was a good reminder of old risks to be prepared for and what to look out for in a rapidly changing landscape of threats. IT is easy to become complacent and think it won’t happen where you are working.

  4. Hurmah Jay –

    I enjoyed it, a thorough and comprehensive study

  5. Jose Julio Pisharello –

    very interesting and comprehensive

  6. Pauline Stancliffe –

    Again an Excellent Course – great content and presentation!

  7. Kishan Gajjar –

    Great content.

  8. Alison Edkins –

    Very interesting, with scenarios and advice.

  9. Bhavna Ramanlal –

    Very good course, well recommended

  10. Carolyn Harmon –

    The course was exactly what I expected.

  11. Karen Johnston –

    Great training very well structured and provides excellent knowledge

  12. Katherine Andersen –

    Useful as a refresher. Pretty high level. Found the references to cash based fraud a bit outdated given reducing use of cash.

  13. Des Chia –

    .

  14. Pieter Baijense –

    The course provides a very complete overview of all aspects that are discussed in the prevention of financial crime: people, the organization, the IT environment.

  15. Irene Pearcey –

    Informative and interesting

  16. Rosa Maria Williams –

    Comprehensive course regarding financial crime and a good refresher.

  17. Fung Lan Ho –

    The course materials are very detail and useful.

  18. Georgina Huguenet –

    There is a lot of very useful information in this course. However, it is in desperate need of proof reading as there are several mistakes in the text that make some parts difficult to follow.

  19. Phil Lomax –

    Like some of the recommendations, the course is up to date as far as I can see. Thanks

  20. Sheila Alison Mary Lines –

    Very useful to all accountant roles. Good refresher and also new material

  21. Peter Lye –

    Great overview recommended.

  22. Samuel Lawrie –

  23. Sharon McPherson-Case –

  24. Doreen Cleave –

    Our organisation requires training of staff to identify bribery, fraud and corruption – this was too sophisticated, but I will be able to use some ideas

  25. Christine Landers –

    The videos were good. I think being able to listen to someone reading the course notes would have been beneficial to me.

  26. France Ng –

  27. Finbarr Ronayne –

  28. Frances Coffey –

    Overall the content was very good but the text would benefit from more proof reading and some of the questions were not clear. If 67% if respondents get the wrong answer after reading the material you have to think there is a problem with the question.

  29. Peter Alexander –

    Both Finance and IT aspects

  30. Richard King –

    I needed to undetsand the basis of preventing financial crime for client compliance. This course has given me the knowledge to respond to client training requirements for our business.

  31. Jane Harris –

    gave a good overview

  32. Alistair Davis –

    .

  33. Clarence Choi –

    Course contents are comprehensive.

  34. Nicholas Kelly –

  35. Michael Richards –

  36. Tshepo Phirie –

  37. Lorato Ratsheko –

    Have learnt that in a dysfunctional organisation socialisation processes can be perpetuated unethical or as corrupt behaviour

  38. Dick Mond Tai –

Add a review

Your email address will not be published. Required fields are marked *