Course Details

Netrika Training and Certifications | Security Training Company > Courses > Enterprise Solutions For Corporates > Fraud Risk Management Workshop
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Fraud Risk Management Workshop

Category Enterprise Solutions For Corporates
Strengthen your Corporate Fraud Detection and Prevention Capabilities with Netrika’s Certified Fraud Examiner Workshop
Netrika’s Fraud Risk Management Workshop is a customized program that offers a practical approach to identifying, understanding, and managing the most complex frauds. Our instructor-led workshop encompasses various risks that plague organizations, intricacies of building a robust Fraud Risk Management framework, anti-fraud controls, thorough assessment, leveraging monitoring tools, and response strategies.

Our seasoned professionals have designed this training program through extensive research and tailored it to the Indian market. This workshop is the perfect balance of theoretical concepts in Fraud Risk Management, real-world examples, and practical knowledge on understanding Fraud Risk ecosystem holistically.

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Curriculum

Modules to be Covered:-

Introduction to FRM

Fundaments of fraud risk management including detection, prevention & response, and its significance in securing organizational integrity.

Fraud Risk Management – Overview

Examination of various fraud risk management frameworks, core components of an effective strategy, and steps to implement it within an organization.

Developing a Fraud Risk Management Program

Establishing a comprehensive fraud risk management program by revisiting anti-fraud policies & procedures, tailored to your organization’s needs.

Fraud Risk Assessment, Part 1

Designing techniques for identifying potential fraud risks and categorizing them based on likelihood & impact within an organization and leveraging assessment tools for effective assessment.

Fraud Risk Assessment, Part 2

Designing techniques for identifying potential fraud risks and categorizing them based on likelihood & impact within an organization and leveraging assessment tools for effective assessment.

General Anti-Fraud Controls (Entity Level/Establishing an Anti-Fraud Culture)

Implementing a code of conduct and ethical guidelines to foster a culture of integrity in an organization and promote zero-tolerance towards fraud.

Ensuring Fraud Awareness

Designing and implementing a robust fraud awareness initiative to keep employees up-to-date with fraud risks and controls.

Specific Anti-Fraud Controls (Process or Transaction Level)

Deploying controls specific to organizational processes and methods to review and monitor transactions to identify risks.

Using Automated Continuous Monitoring Tools

Understanding the different automated continuous monitoring tools, steps to integrate them into existing systems, and how to deal with potential challenges while using these tools for robust fraud risk management.

Responding to Discovered Fraud

Developing a framework of immediate response, investigation process, corrective measures, and reporting to prevent future fraud risk occurrences.

Learning Outcomes

Completing this training equips employees with a deeper understanding of advanced Fraud Risk Management skills, improved decision-making affecting the risk detection, prevention, and response process, compliance with ethical standards to uphold organizational integrity, and practical knowledge tailored to each industry vertical. Here are some of the key learnings of this training:
  • Identify fraud risks and the factors that influence them
  • Analyse existing risk management frameworks and their application to managing fraud risk
  • Develop and implement the necessary components of a successful fraud risk management program
  • Identify the elements of a strong ethical corporate culture
  • Promote fraud awareness to employees at all levels of the organization

Who can take this training?

Our training is designed for both newcomers and seasoned professionals in investigative roles. It’s also valuable for anyone within an organization seeking to scale their investigative roles, including:
  • Compliance and ethics experts
  • Investigating officers
  • Aspirants for compliance functions
  • Teams conducting internal audits
  • Forensic analysis and investigative professionals

Training Methodology

Instructor Led Classroom Training

Online (Virtual)

E – Learning (Self paced)

Benefits of a Certified Fraud Examiner Certification!

Netrika’s Fraud Risk Management Training empowers agencies to secure the organization’s risk landscape through robust fraud identification, prevention & response framework, and uphold organizational integrity.

Earn 16 CPE Points including Ethics points that will demonstrate your ongoing commitment to professional development and ethical standards.

Learn in-depth knowledge on Fraud Risk Management including the latest strategies, tools, and best practices to effectively detect, and prevent fraud risks.

Renew your CFE Credentials ensuring that you are updated with the industry standards and practices.

Training Completion Certificate to validate your knowledge, skills, and professional credibility.

Complete guide to the CFE renewal process, including documentation, submission process without unnecessary hassle.

FAQ

The workshop is designed for candidates/professionals involved in risk management profiles, internal auditors, forensic accountants, fraud examiners, compliance officers, or other similar organizational profiles.

Yes, the workshop will equip candidates with extensive training materials, practical exercises, case studies, and videos to enhance their learning.

Yes, Netrika provides certification in Fraud Risk Management to candidates who complete the workshop and pass the written exam. In addition, candidates also receive 16 CPE Points to demonstrate their professional development commitment.

There is no specific prerequisite required for attending this training, however a basic understanding of internal controls and risk assessment will be helpful.

The workshop is designed to complement existing fraud risk assessment framework of an organizations and integrate the evolving methodologies, trends, and best practices to keep the fraud risk management ecosystem robust and responsive.

A participant has the option of choosing from Fraud Risk Management training online self-paced, online instructor-led, and onsite format options, per their convenience and schedule.

Yes, the training can be tailored to address specific industry evolving requirements and challenges to ensure participants gain relevant information applicable to their industry.  

Fees & Inclusions

Our training programs are meticulously curated and highly customizable to align with your organization’s specific requirements and objectives.
The pricing for these programs is flexible, determined by factors such as the number of participants and audience specifications, ensuring a cost-effective solution that meets your training goals.
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Why Choose Netrika?

Netrika partners with diverse clients to provide specialized Fraud Risk Management Training. Our expertise helps prevent, detect, and respond to fraud risks efficiently and effectively. Leveraging our extensive experience and industry professionals, we’ve designed a comprehensive training program that covers theoretical aspects, current trends, and practical applications relevant to the Indian market.
Invest in the future of your organization by enrolling your team in Netrika’s Fraud Risk Management Workshop.
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