Preventing Financial Crime

Institute of Chartered Accountants of Ireland

Price: USD 103

Duration: 4 Hours

Course details

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.

Preventing Financial Crime 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.

More about this Event

Preventing Financial Crime enables 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
Know how to influence ethical behaviour and create the right kind of corporate culture

Learning outcome

Defining financial crime
What is financial crime?
What types of crimes do managers commit?
What types of crimes do individuals commit?
What does a financial criminal look like?
What is money laundering?
How prevalent is bribery and corruption?

Organisation wide approaches

How is financial crime perpetuated within organisations?
How can we build defences?
What is inherent risk?
What is good corporate governance?
What policies and procedures are needed?
What is the role of audit?

Risk management and control

What is risk management?
What approaches exist to risk management?
What do good internal controls look like?
What are CRSA and ERM?
How should management respond to financial crime?

Preventing individual financial crime

Why do people commit crime?
What aspects of accounting should we consider?
What internal controls should we consider?
What is the control environment?
How do we monitor controls?

IT approaches to fraud prevention

How should we assess IT system risks?
What are the specific approaches to protecting IT systems?
What exactly is cloud computing?
What are the formal approaches to risk management?
What is forensic readiness?

Updated on 08 November, 2015

About Institute of Chartered Accountants of Ireland

Chartered Accountants Ireland (The Institute) is a membership body representing 23,000 influential members throughout the globe. their role is to educate, represent and support their members. their members work in senior positions in practice and industry. they are committed to restoring confidence at every level of the economy. they work with governments and businesses to raise awareness of the importance of sound financial advice.

Chartered Accountants Ireland was established as the Institute of Chartered Accountants in Ireland by Royal Charter in 1888. Its activities and those of its members are governed by its Bye-Laws and by Rules relating to professional and ethical conduct. These provisions are contained in the Handbook which is available to all members.

Chartered Accountants Ireland is governed by a Council and it is responsible for determining policy and monitoring its implementation. Council is lead by the Officer Group and supported by the Management Team and staff. A number of committees with voluntary member involvement also play a key role.

See all Institute of Chartered Accountants of Ireland courses

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