By attending this course you will be able to:

• Identify the red flags
• Use Fraud Auditing as a Tool for Fraud Prevention
• Move beyond Internal Control
• Secure, Analyse and Present the Evidence
• Find elusive frauds that others miss
• Learn how to make your organisation resistant to all forms of unethical business

Spectacular losses, corporate collapses, and major scandals in recent times have focused the minds of company directors, owners, and regulators on Corporate Governance, the failure of risk management strategies, and the
widespread existence of unethical business behaviour. Managers, controllers, Internal and external auditors and security managers are finding it difficult to claim it is not their job to find fraud. Whose job is it? Deliberate overcharging by suppliers, false invoices, expenditure, bribery, kickbacks, false rebates and warranty claims, conflicts of interests, false reporting, and more; questions have been asked why nobody picked up the early warning signs.

There is broad acceptance that unethical business behaviour directly or indirectly accounts for major losses (often estimated to be between 2 and 5% turnover) and severely damages the reputation and morale of companies. However, despite being one the largest unmanaged risks in companies today, many managers still receive virtually no formal training in how to identify the red flags, deal with them and most importantly how to become more resistant to all forms of unethical business behaviour, including fraud and corruption.

Course Materials
• Slides for all lecture and workshop sessions
• A compendium of recent articles and papers by the course director
• Case studies
• Exhibits and examples to take with you and re-use
• A short training film on DVD
• The Anatomy of Fraud and Corruption by Richard Minogue, Veronica Morino and Tomas Brytting (Ashgate Gower)
• Fraud and Corruption – Prevention and Detection by Nigel Iyer and Martin Samociuk (Ashgate Gower)

Course Directors:

Richard Minogue (CPA, CIA)
Richard has worked for more than 35 years with financial management, internal audit, investigation, litigation support and fraud risk training. He has been much involved in business ethics and integrity work, both as head of audit for a major telecommunications company and as an independent consultant. Richard has lectured on fraud awareness and forensic audit extensively in Europe, but also in Asia, North and South America, the Middle East and Africa. He is an experienced forensic auditor and has led or participated in several high profile investigations into money laundering, bribery, embezzlement and fraud. Richard Minogue is co-author of The Anatomy of Fraud and Corruption (Gower 2011).

Veronica Morino (BSc, MA)

Veronica Morino has a BA in Sociology of Work and Economics and a Masters Degree in Organizational Science from the University of Rome. She has worked for the last 15 years with organisational effectiveness. After first helping organisations address dysfunctional issues in both Italy and Scandinavia, she broadened her expertise in the area of inappropriate and illegal behaviour, often assuming the lead role in investigations into international fraud and corruption. In the last 8 years Veronica has helped develop anti-fraud and corruption programs for several international companies. This allowed her to combine the work she had been doing earlier with organisational culture with her experiences as an investigator. Veronica has lead the production of multimedia solutions for integrity awareness programs (including web-based, drama and live trainings), helped with the development of leading indicators to predict and prevent where fraud will strike and also specialised in models to assess corporate resistance and resilience to fraud and corruption. Veronica Morino is co-author of “The Anatomy of Fraud and Corruption” published by Ashgate-Gower in 2011, and was producer of the recent CIMA drama/film “Words in Action” which addresses the growing gap between corporate rhetoric and reality.

 “Richard Minogue is a really good teacher and easy to understand”
IT Auditor, Auchan Corporate

“Good introduction into fraud auditing”
Audit Director