Detecting and Preventing Fraud in Lending

Course Objectives

The success of lending decisions relies heavily upon the information provided to the person making the decision. Where that information is fraudulent, the chances of success with that lending decision are dramatically reduced. This fraud can cause both financial and reputational damage to the firm.

The purpose of this two-day workshop is to introduce the detection and prevention of fraud in lending activities. Through a mixture of case studies and interactive exercises, participants will develop an understanding of what fraud is, how fraud is typically committed, and how fraud can be identified and tackled.

Participants will be equipped to:

• Define fraud generally and identify specific types of fraud.
• Explain the relationships between fraud, operational risk, and credit risk.
• Describe organizational fraud factors.
• Identify different ways that fraud is committed.
• Pinpoint and understand the mechanics of specific fraud schemes.
• Identify red flags of fraud.
• Identify potential areas for fraud in financial statements.
• Evaluate business focus and compensation structures.

Course Content

Identifying fraud and fraudsters

• Definitions of fraud
• Who commits fraud?
• Distinguishing fraud from other types of crime
• The importance of combating fraud to organizations

Fraud and other types of risk

• Operational and credit risk management within lending firms
• How fraud can impact upon operational and credit risk management within the firm

The factors that give rise to fraud within organizations

• Understanding motivations for fraud in employees and customers
• The opportunity for fraud, provided by poor internal controls
• The thought processes often used by fraudsters to justify the fraud committed

Typical ways that fraud is committed

• Asset misappropriation, the most commonly-occurring form of fraud within organizations, including the embezzlement of cash
• Fraudulent statements, including the over- or under-statement of assets, liabilities, costs and revenues
• Corruption, including bribery, kick-backs, extortion and conflicts of interests

Specific fraud schemes

• Lending fraud, including personal loan fraud, credit card fraud, uncleared effects fraud, etc.
• Skimming, including under-recorded sales, writing off and lapping schemes, etc.
• Fraudulent disbursements, including billing schemes, employee benefit schemes, check tampering, etc.
• Investment fraud, including affinity fraud, Ponzi schemes, boiler room scams, land banking fraud, advance fee fraud, etc.
• Financial statement fraud, including fictitious revenues, asset valuations, concealed liabilities, improper disclosures and timing differences

Red flags of fraud and the importance of time frame

• Red flags of fraud, including structural, personnel, operational, accounting system, financial performance and professional service red flags
• The importance to the organization of discovering fraud quickly

Using financial statements to commit and detect fraud

• Detection of financial statement fraud
• Prevention of financial statement fraud

Tackling fraud at a corporate level

• Integrating fraud awareness into business strategy
• Integrating fraud awareness into corporate culture
• The influence compensation structures can have upon fraud

Course Summary Exercises

• Participants will work in groups throughout the course to apply the key concepts learned during the two-day workshop and apply these to fictitious corporate fraud situations

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Kami memberikan alternatif Fasilitas atas Investasi anda dalam Program ini, diantaranya :

1. Sertifikat, Peralatan Training, USB, Souvenir, Lunch, Coffe Break, City Tour
2. Running minimal 2 Orang (Semarang, Jogja, Solo), Running minimal 3 Orang (Bandung, Jakarta), Running 4 Orang diperuntukan untuk daerah (Bali, Lombok, Manado, Balikpapan)
3. Kami menyediakan transportasi antar Jemput dari Stasiun/Bandara ke Tempat Pelatihan(Hotel) bagi perusahaan yang Running minim 2 Orang
4. Harga dilampirkan di Brosur Penawaran

Untuk daerah luar Kota Yogyakarta Harga Menyesuaikan.

Hotel Pilihan (Sementara) Bisa Menyesuaikan sesuai Kesepakatan.

1. Hotel Ibis Malioboro, Yogyakarta
2. Hotel Ibis, Solo
3. Hotel Ibis Simpang Lima Semarang
4. Hotel Fave, Balikpapan
5. The Santosa Villa and Resort, Lombok
6. Hotel Nagoya Plaza, Batam
7. Hotel Gino Ferruci, Bandung
8. Hotel Fave Pasar baru Jakarta, Jakarta
9. Hotel Santika Kuta, Bali
10. Hotel Aston, Manado
11. Hotel Santika Pandegiling, Surabaya

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Tambahan Informasi :

1. Silahkan tanyakan ketersediaan Tanggal dan Waktu dari jadwal training terbaru apabila anda tidak menemukan waktu yang sesuai dengan jadwal anda.

2. Training dapat disesuaikan dengan kebutuhan perusahaan jika dalam bentuk In-House Training. Silahkan baca ketentuan In-House Training diwebsite kami atau hubungi kami di Nomer Mobile untuk mendapatkan Fast Respon.

3. Silahkan mengisi Form Request Training di website kami untuk mendapatkan informasi tambahan yang belum ada, atau jika anda ingin menanyakan usulan materi sesuai kebutuhan perusahaan. Hubungi kami lewat email yang tertera atau Register disini!

4. Apabila telah menerima Silabus Training, Customer dapat Request Waktu Training yang diinginkan.

5. Informasi dan Data yang jelas akan memudahkan kami untuk segera merespon permintaan anda.

Customer Dapat Request Tempat, Waktu, serta Fasilitas Training. Silahkan Hubungi kami untuk Menerima Brosur Penawaran.