annual fraud risk management 2025

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Various surveys highlight that organisations may be losing as much as 7% of their annual turnover as a result of fraud; corruption is estimated to cost the global economy about $1.5 trillion each year; only a small percentage of losses from fraud are recovered by organisations; a high percentage of frauds are committed by senior management and executives; greed is one of the main motivators for committing fraud; fraudsters often work in the finance function; fraud losses are not restricted to a particular sector or country; the prevalence of fraud is increasing in emerging markets. 

Despite the serious risk that fraud presents to business, many organisations still do not have formal systems and procedures in place to prevent, detect and respond to fraud. While no system is completely foolproof, there are steps which can be taken to deter fraud and make it much less attractive to commit. 

Building an effective fraud risk management program to combat organizational fraud requires solid understanding of how and why fraud is perpetrated. This course will explore many aspects of fraud risk management. 

• 12 - 13 November 2025
• Virtual

• Understand the fraud risks which organisations face
• Identify the principles of good corporate governance and understand where the management of fraud risks sits within this
• Analyse, and mitigate against fraud risks
• Devise and implement a fraud response plan 
• Understand the full risk management lifecycle 
• Plan and conduct an entity-wide fraud risk assessment
• Identify red flags related to a variety of occupational fraud schemes 
• Conduct and implement fraud prevention and detection measures and controls
• The latest investigation techniques and technologies of Fraud Risk Assessment for your organisation
• A comprehensive fraud policy for implementation at your organisation 

• Chief Internal Auditor 
• Chief Risk Officer
• Chief Executive Officer
• Chief Compliance Officer
• Internal Audit Department
• Governance, Risk, Compliance (GRC) Staff
• Audit Committee Members
• Head Legal
• CVO & Team
• Head of Fraud & Inspection
• Chief Finance Officer
• Company Secretary