This course, presented by the Centre for Research into Advanced Fraud & Future Threats (CRAFT), is designed to assist students in learning about Fraud within the corporate workspace, who commits the acts and why, along with the resulting consequences for the organisation.
The course briefly covers legislation as well as corporate ethics, and concludes by looking at some indicators that might show fraud is occurring, as well as measures the organisation can implement to help detect, deter and prevent Fraud from occurring.
When you are working, or in business for yourself, it’s important to have an insight into the corporate fraud that companies can be susceptible to. For those new to the topic, this course will provide you with a basic foundation to help you prepare against fraud and ensure that your company remains financially secure at all times. For those with more exposure to this area of business, you will find value in looking at the strategies and tips to counter Fraud within the organisation.
Welcome to the introduction to the course where we will cover the various aspects contained in the course.
What is fraud and how is it defined? This lecture looks at the legal definitions and goes into some of the legal aspects as they appear on the statute books of several countries.
This lecture looks at the collaboration between Ernyst & Young and the FBI into what words are commonly used by fraudsters when communicating with each other, or committing the acts themselves.
Ever wondered why the "typical" faudster might be? This lecture looks at research from KPMG on their "Profile of a Fraudster".
In this, and the next three lectures, we examine the Fraud triangle theory and it's individual components, namely Pressure, Opportunity and Rationalisation.
The first leg of the Fraud Triangle is Pressure and during this lecture we look at what it is and cover a few examples.
The second leg of the Fraud Triangle is Opportunity and during this lecture we define exactly what Opportunity is and why it is important to a fraudster.
The last leg of the Fraud Triangle is Rationalisation which considers the psychological aspect of how fraudsters convince themselves their fraudulent act is acceptable.
How has fraud impacted the United Kingdom since 2012 ? This lecture looks at the numbers involved.
What do you think is the global monetary value loss to fraud ? This lecture provides some details based on research by the Association of Certified Fraud Examiners.
This lecture looks at the distribution of fraudulent loss from a high level across the categories as defined by the Association of Certified Fraud Examiners.
Corporate fraud often involves the financial statements of a company and in this lecture we look at some of the mechanisms fraudsters use in the comission of the act.
This lecture looks at the warning signs that people display indicating that potential fraud might be occurring.
Fraud within the organisation has consequences for the organisation iteself, the staff, suppliers and clients. This lecture looks at some of these consequences.
What is Corporate Ethics and how does it apply to a counter fraud strategy? This lecture provides you with some points to think of......
What are the 5 main aspects of fraud risk management (FRM)? This lecture will help you define FRM and look from a high level at some of the activities that fall into this activity.
This lecture looks at the top 5 activities an organisation can implement to help deter and prevent fraud from occuring.
What are some of the other activities the organisation can do to help deter fraud? This lecture will go into further detail for you.
This is the end of the course and in this lecture a brief conclusion is provided.
The Centre for Research into Advanced Fraud and Future Threats (CRAFFT) is an organisation dedicated to combating fraud, as well as security threats, in all forms.
CRAFFT is a premier provider of anti-fraud training, education, bespoke software development in conjuncion with consulting services to individuals as well as to both private and public sector companies.
With over 20 years experience in Information Technology and in excess of 10 years experience of working with some of the largest anti-fraud organistations in the world providing investigation expertise and advice on how to combat fraud, you can be assured that your instructor is knowledgeable and at the forefront of his profession.