Our latest microlearning course published on the Learn@IBF platform looks at the topic of fraud. Fraud carries a very high risk that can result in detrimental consequences for the individual as well as the organisation. It can result in reputational damage, financial loss and even regulatory penalties. According to PwC’s Global Economic Crime and Fraud Survey 2022, 46% of the surveyed organisations reported experiencing fraud, corruption or other economic crimes in the last 24 months. Without a preventive strategy in place, you may find yourself a victim to fraudulent activities.
In the 1st part of this 3-part series on Fraud Risk, we will cover:
– What is fraud?
– Why does fraud occur?
– How is fraud committed?
If you are interested in taking the full ‘Fraud Risk – What You Need to Know and Manage’ course for 1.5 SFA/FAA CPD hour, please visit: Fraud Risk. (This course is subsidised under the IBF-FTS funding scheme.)