Fraud Risk Management Awareness Training course
Fraud has become more sophisticated and has been a crucial challenge for most organizations in recent years. Adopting effective fraud prevention steps is more critical today than ever before. We offer a fully customizable ‘Fraud Risk Management Awareness Training’ course that will enable your employees to efficiently identify and report various types of fraud.
Fig: Fraud Risk Management Learning Path
Why this course?
The risk of fraud in business is often underestimated and incorrectly managed by organizations, leading to catastrophic outcomes. It is crucial to understand how and why fraud occurs in order to maintain an effective fraud risk management program within your organization. Employee training is a crucial element of fraud prevention and detection. This interactive E-learning course that includes visually enriched 3D scenarios will allow your employees to learn about various factors contributing to fraud and the steps in detecting and reporting it.
Deliver this course to a wide segment of your workforce.
The course content
Introduction to Fraud Risk Management
This section introduces you to the definition of Fraud, who may commit Fraud, and the Fraud Triangle, which talks about pressure, rationalization, and opportunity. Also, it gives you simple tips to avoid Fraud and an overview of the different types of Fraud, which are occupational Fraud and external Fraud.
Fig: Fraud Risk Management section 1 sample
Fraud Risk Management
This section takes you through the various factors and approaches of Fraud Risk Management, Fraud Risk Management lifecycle, ways to respond to a fraud, your role in Fraud Risk Management and the ‘M.N.C.’ tool.
Fig: Fraud Risk Management section 2 sample
Summary and Assessment
Mandatory assessment with a minimum pass score as determined by the organization.
Fig: Fraud Risk Management section 3 sample
The course runs on any standard LMS that supports SCORM, AICC or TINCAN
Responsive course with HTML5 as the underlying technology
The course has an approximate learning time of 25-35 minutes.
Customize this course
Unlike off-the-shelf courses, customized content connects well with employees. At Security Quotient, we perfectly align training content with the organization’s security policies, brand guidelines and cultural nuances. Further, we translate the course to the native language spoken by the end-users along-with audio narration by native language speakers.
Frequently asked questions
Find answers to common questions regarding Fraud Risk Management.
Fraud is the wrongful or criminal deception of another for financial or personal
The factors influencing fraud risk are consolidated into one term, ‘Fraud Triangle,’
consisting of pressure, rationalization, and opportunity.
You may manage fraud risks by:
• Performing fraud risk assessments
• Designing and implementing Anti-fraud control activities
• Sharing information and communication
• Monitoring activities
• Creating a controlled environment
Employees, Management, Clients, Organized Employee Syndicate and Suppliers.