HOW TO PREVENT AND DETECT FRAUD? Wednesday 4 December 2013 9:00am - 12:00noon FRAUD RISK MANAGEMENT FOR SENIOR EXECUTIVES Wednesday 11 December 2013 9:00am - 12:00noon HOW TO PREVENT AND DETECT FRAUD? SG-47499-2013-1-FC WORKSHOP OBJECTIVES INTRODUCTION As a result of rapid change in technology, detection and prevention of fraud are becoming more and more difficult to manage. One should not underestimate the adverse impact of fraud to an organization as it will not only destroy the reputation of the company, there will also be serious legal consequences if management is found not to have an effective fraud risk management system in place. Upon completion of the seminar, participants will be able to: Understand the international best practices in the prevention and detection of fraud Apply the tools and management solution of the prevention and detection of the fraud Identify the different kind of fraud schemes and to provide solutions to prevent and detect such schemes DESIGNED FOR Corporate managers or any internal control professionals engaged in law, risk management, loss prevention, customer management, marketing, finance and accounting. ADMINISTRATIVE DETAILS DATE & TIME FEE (Inclusive of tea/coffee breaks) Wednesday, 4 December 2013 9:00 am - 12:00 noon HKMA Member: Non-member: VENUE LANGUAGE MEDIUM The language of instruction will be English, supplemented by Cantonese, using materials in English only. The Hong Kong Management Association 1-4/Fls First Commercial Building 33-35 Leighton Road Causeway Bay HONG KONG DEADLINE FOR REGISTRATION 1 week before commencement HK$350 HK$380 METHODOLOGY Lecture, Discussion, Case Studies CONTENTS 1. Prevention of fraud and establishing an effective fraud risk management framework 2. Creating a compliance culture of honesty 3. Protecting "whistleblowers" 4. Fraud detection and deterrence 5. Identify and utilize data and intelligence SEMINAR LEADER 6. Corporate Fraud Investigation 7. Different types of fraud schemes: (a) Financial Statement Fraud (b) Bribery and Corruption (c) Assets Misappropriation (For both programmes) Mr C K Cho (Barrister, LLB (Hons) London CSI, CFE, MloD, FCMI MIMC) Mr C K Cho is a former senior member of the Hong Kong Independent Commission Against Corruption, where he investigated corruption, fraud and related offences as a Chief Investigator. Since he left the ICAC in 2000, he has served as legal adviser of various listed and public companies in Hong Kong and London. Mr Cho has conducted independent investigation into allegations of fraud and illegality on behalf of audit committee of listed companies in Hong Kong and Singapore on a regular basis. He lectures in business law and criminal law and procedures and provides expert advice on litigation support on fraud and corruption related proceedings. He has published a book on Practical approach to prevention and detection of fraud - A Guide Book for Internal Control Professionals (May 2012) FRAUD RISK MANAGEMENT FOR SENIOR EXECUTIVES SG-47498-2013-1-FC WORKSHOP OBJECTIVES INTRODUCTION As more and more corporate scandals are exposed, it is now a matter of routine for the Audit Committee of the day to organize and supervise an independent review committee to look into the allegations of fraud or illegality with a view to find out the facts and circumstances surrounding the allegations and recommending positive remedial actions .The central issues cover a wide range of functions such as criminal law, company law, investigation skills, collection and presentation of evidence and good corporate governance practices. Upon completion of the seminar, participants will be able to: Learn the functions and responsibility of an independent committee to investigate allegations & fraud and illegality Be familiar with the legal responsibility of the duties and responsibilities of members of an Audit Committee in the context & fraud risk management as an essential element of enterprise risk management framework Understand the investigative skills in conducting effective independent internal investigation by the Audit Committee Presenting findings to the Board and the Regulators DESIGNED FOR Chief financial officers, company directors, internal and external auditors, human resources professionals, internal control professionals, legal compliance officers. ADMINISTRATIVE DETAILS DATE & TIME FEE (Inclusive of tea/coffee breaks) Wednesday, 11 December 2013 9:00 am - 12:00 noon HKMA Member: Non-member: VENUE LANGUAGE MEDIUM The Hong Kong Management Association 1-4/Fls First Commercial Building 33-35 Leighton Road Causeway Bay HONG KONG The language of instruction will be English, supplemented by Cantonese, using materials in English only. DEADLINE FOR REGISTRATION 1 week before commencement HK$920 HK$980 METHODOLOGY Lecture, Discussion, Case Studies CONTENTS 1. Common law principles governing duties of a 6. How to conduct effective independent internal company director investigation by the Audit Committee 2. The tools to prevention and detection of fraud 7. How to present such findings, taking into 3. Duties and responsibilities of members of account the law on Defamation, the rules of Audit Committee evidence, the standard of proof in proving fraud 4. Building a robust Fraud Risk Management as and the complex legal issues relating to an essential element of an enterprise risk multiple jurisdictions, which are not common management framework in such investigations 5. Functions and responsibilities of an Audit Committee ENQUIRIES For course enquiries and reservations, please call Customer Service Department on 2774-8501 or via fax 2774-8503. For course details, please contact Ms Cathy Shen on 2774-8536; or visit the HKMA website: www.hkma.org.hk/seminar. HOW TO PREVENT AND DETECT FRAUD? SG-47499-2013-1-FC 4 December 2013 FEE: HKMA Member: HK$350 / Non-member: HK$380 FRAUD RISK MANAGEMENT FOR SENIOR EXECUTIVES SG-47498-2013-1-FC 11 December 2013 ENROLMENT FORM Name (Mr/Ms): FEE: HKMA Member: HK$920 / Non-member: HK$980 *Applicants should include their HKID card number and fill in their details in block letters, otherwise no MDCU will be given. The Association will issue certificates based on following details and name format. (Surname) HKID Card No.: ( (Other Names) ) HKMA Membership No.: Position: Company: Address of Company: Telephone No. (Office): Fax No. (Office): (Residence): (Mobile): E-mail: Correspondence Address: Cheque Number: Cheque Amount: HK$ Name and Title of Nominator (Mr/Ms): Nominator Email / Address: Self-sponsored Sponsorship Company-sponsored Where did you FIRST learn about this programme? Email Newspaper/Magazine (please specify): HKMA email Email promotion from other websites (please specify): Website advertisement (Please specify): HKMA Website (From where did you learn about, please specify): MTR Station Display (Please specify): Exhibition Education & Careers Expo (EEX) Jobmarket Career & Education (EJEX) Others (Please specify): This form together with a crossed cheque payable to The Hong Kong Management Association should be returned to: Executive Director, The Hong Kong Management Association, 16/F Tower B Southmark, 11 Yip Hing Street, Wong Chuk Hang, Hong Kong. Registration must be made on the Enrolment Form provided and returned to the Association before the programme commencement date (Not less than 5 days) with full fee. Acceptance is subject to the discretion of the Association. Applicants will be notified by telephone to confirm receipt of the application form and full programme fee. An official receipt will be sent to you within two weeks. Applicants are expected to attend the course at the place and time specified in the brochure unless otherwise notified. When a programme is over-subscribed, additional classes may be started in some cases. Applicants may then be notified of the new time, dates and place of meetings when necessary. For ENROLMENT and ENQUIRIES please call 2774-8501 (Customer Service Department) during normal office hours or fax 2774-8503. No refund will be made after payment, but participants can arrange to have their places substituted should they be unable to attend the programme by notifying the Association at least 2 days prior to programme commencement. Fax reservations are welcome but are subject to confirmation by payment in full within 10 days of the date the reservation is made or 5 days prior to programme commencement, whichever is sooner. Applications, upon full payment, will be processed on a first-come first-served basis. When Typhoon Signal No.8 or above is in force during classes/examinations, all classes and examinations will be dismissed immediately. Replacement classes and remedial examinations will be arranged. When Black Rainstorm Warning is in force during classes/examinations, all classes and examinations will be held as scheduled. The HKMA reserves the right to make alterations regarding the details. For course details, please contact Customer Services Department on 2774-8501 or Ms Cathy Shen on 2774-8536. Website: www.hkma.org.hk The HKMA supports the equal opportunities policy, without discriminating against any person on the grounds of gender, disability, family status or any other basis. OINA Note: 1. I shall comply with The Hong Kong Management Association (HKMA) Privacy Policy Statement, the Hong Kong Personal Data (Privacy) Ordinance (Cap.486) and other related regulations which will be changed from time to time. I declare that the data given in support of this application are, to the best of my knowledge, true, accurate and complete. I understand that the data will be used in the admission assessment process and that any misrepresentation, omission or misleading information given may disqualify my application for admission and enrolment in the programme. 2. I understand that, upon my registration in the programme, the data will become part of my student record and may be used and processed for all lawful purposes relating to my academic and/or non-academic activities in accordance with the established policy of the HKMA and the Hong Kong Personal Data (Privacy) Ordinance (Cap.486). 3. I expressly consent that the personal data will be used for the HKMA administrative, academic, research, statistical, alumni activities and prescribed purposes as allowed by HKMA and the laws of Hong Kong from time to time. Declaration I authorize the HKMA to use my data to keep me informed of any direct marketing information including training and education programmes, awards and competitions, membership, alumni, promotional activities and other services and activities that it may arrange. Please tick the box to indicate your consent. Please tick the box to indicate your objection. 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