ICPAK in Partnership with Deloitte
Theme: Managing Fraud Risk Webinar
Date: 26th June 2020
Time: 10:30 – 12:30 Hours
History demonstrates that during financial crisis and economic downturns, those organisations that invest in enterprise wide resilience, especially in prevention and detection of misconduct will minimise the impact of the crisis on their corporate wellbeing. COVID-19 has resulted in significant negative economic and operational consequences for many organizations, as well as personal challenges for individuals to manage during these uncertain times. Many organizations, daily now, are analyzing the impact this crisis is taking on their supply chain, revenues streams, liquidity, and workforce, among a myriad of other impacts.
The workforce is also affected by COVID-19. Two elements of the fraud triangle—pressure and rationalization for organizations, employees, and third parties to perpetrate fraud during a time of crisis—typically rise, and anecdotal information to date informs us this crisis is no different. Inorder to support economic survival and minimise loss, organisations should be considering now how to emerge from this crisis without adverse issues such as internal and external fraud hindering their ability to recover quickly.
• Reasons why fraud proliferates during crises and times of economic instability
• Fraud risks considerations in changing environments
• Red flags for fraud in times of crisis
• Using forensic analytics as part of fraud risk management
This conference is designed for both private and public sectors targetting managers and anyone charged with governance and key decision making within the organisations or corporations. The participants could also include any other interested party in ICPAK’s network.
Participants should be able to better understand the heightened risks of fraud in this new environment and the mitigations that can be put in place to minimize these risks. The attendees will also get an appreciation of the use of forensic analytics to manage the risks of fraud as part of broader fraud risk management.
Participants will attend a webcast session that will last about 2hr.00min.
Below is the proposed program:
- Introduction 5 mins
- Brief presentation by Deloitte 25 mins
- Panel Discussion 30 mins
- Question & Answer 30 mins
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 1 CPD Units upon successfully completion of the Webinar.
The Webinar is free of charge.
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 733 856 262/ 727 531006 or via email to firstname.lastname@example.org.
We encourage members to regularly visit our website https://www.icpak.com/event-registration/ for updates.