Corporate Fraud Control Workshop (CFC312)
|Event Date/Time: Apr 26, 2010||End Date/Time: Apr 27, 2010|
|Registration Date: Apr 02, 2010|
|Early Registration Date: Mar 15, 2010|
According to survey conducted by KPMG, incidences of corporate fraud have been increasing in occurrence and severity. Industry estimates place losses incurred through corporate fraud at the tune of a trillion US Dollars each year.
In the changing face of business today, higher employee transience coupled with the rapid growth and increasing complexity of organisational structures, along with reliance on automated systems of control, provides a fertile feeding ground for potential fraudsters.
Effective internal auditing does help weed out incidences of fraud within the organisation; it is not a means to an end, but rather an indicator that there is a need for preventive measures.