The Executive’s Survival Guide to Commercial Fraud and Corruption
Posted on 17. Nov, 2011 by editor in Business Events, Business News
The University of Leicester is to deliver a series of one-day senior management workshops designed to help delegates recognise the risk of fraud, corruption and unethical business behaviour in their organisation, predict where it will occur, pre-empt it and prevent it.
These seminars will take place on 25th November 2011, 24th February 2012 and 18th May 2012
Is there a fraudster in your firm?
When it comes to white collar crime, the typical fraudster is male, aged 36-45 with a senior job in finance according to a survey published in June 2011 by accountancy firm KPMG. The pressure to meet targets, together with weak internal controls, has contributed to the rise in the number of corporate fraud cases, up from 49% in 2007 to 74% in 2011. Undetected fraud costs the insurance industry and its customers over £2 billion every year, according to the Association of British Insurers.
The University of Leicester, together with the Chartered Institute of Management Accountants (CIMA), has enlisted two of the UK’s leading experts in the field in order to train senior managers to stop, or spot, the fraudster in their firms. The sessions will be led by Nigel Iyer of Septia Group who has over 20 years experience of preventing, detecting and investigating fraud and corruption. He is joined by Professor Peter Jackson (pictured) of the University of Leicester, a prominent strategic thinker and economist.
These one-day training workshops are open to anyone in a senior management position whose responsibilities cover financial management, operational controls, and board-level governance. The sessions will enable delegates to gain an understanding of how such unethical behaviour affects organisations, implement strategies and tools which can reduce the risk of fraud and give them the ability to train staff to become more aware of the risks and the potential fraudster in their midst.
Nigel Iyer helps senior managers build integrity back into their company operations: “Compliance and form filling does not work against fraud and corruption. We have done it for so long, and are still ‘desperately seeking a solution’ and ignoring the fact that really the solution lies within. Companies can help themselves by understanding how fraud and corruption affects them and how to push it out of their business. In other words we are teaching how to turn hidden losses into profit.”
Professor Peter Jackson brings considerable experience in working at senior government levels as well as in management training: “Ignorance is no defence when it comes to commercial fraud and corruption. I am amazed how little attention is paid by senior staff to this growing and increasingly complex issue. Through practical advice, case studies and discussion I believe these one-day sessions will make an enormous impact on every company attending.”
Former head of security with international distribution company TNT Simon Scales can provide tangible proof of how fraud management works in practice: “Treating Fraud and Corruption is one thing, but how do you identify and apply the necessary skills to deal with it both proactively and reactively? Any training programme that provides solid and dependable learning, with a specific focus on ensuring which practical processes and procedures can work will benefit the delegate, organisation and society as a whole.”
Organising the seminars is University of Leicester Director of Professional and Flexible Learning Elain Crewe, who says: “Engaging with the business community in this series of seminars is an important way of sharing our expertise. We know that such training makes a really tangible difference to the sustainability and growth of successful companies, so we would encourage anyone interested in proactively managing fraud from across the UK to book a place as soon as possible.”
For more information and booking details please visit http://go.le.ac.uk/fraud-workshop
