September 30, 2008

In-House and Public Courses
Fraud Prevention, Management and Investigation
Training Workshops

Your lecturer

Bart Henderson
Committee Member – South African Chamber of Commerce and Industry Security and Crime Committee
Official Research Partner – New partnership for Africa Development (NEPAD) African peer Review Mechanism Process (APRM)
Certified Fraud Examiner (International Member since 1994)

Bart Henderson is invited to lecture for a number of professional bodies locally and internationally.

He is recognised as one of the leading authorities on the subject of Occupational Fraud and Abuse (employee theft and fraud) in Africa.

Bart’s style is dynamic and informative, while his lectures provide up to date cutting edge analysis and insight.

With substantial current practical Forensic Audit experience and a solid commercial background Bart has an in depth knowledge and understanding of the dynamics of Fraud Risk Management in the Southern African Development Community (SADEC) and Continental Africa context.

Bart’s technical knowledge and innovation in the field of Fraud Red Flag data mining and data analysis have been labeled as "brilliant".

In this area of research and study Bart is without peer on the African Continent and is considered a research pioneer and world authority.

Bart’s philosophy is "Minimise the cost at all costs, keep it simple and talk solutions not problems".
Bart has been invited to speak in South Africa, Malaysia, Zambia, Kenya, Uganda, Botswana, Zimbabwe and Nigeria.

His clients include a number of Central Banks, International Banks, Mining Houses, National Power Utilities, and Multi-National Corporations.

For all your in-house Fraud Risk Management and Investigation and Anti-Money Laundering Training call Bart on +2783-742-8330 or e-mail him at sacfm@corpdial.co.za

Topics include (All lectures are underpinned by world class Video Case Studies)

1. Financial Integrity and Corporate Morality
• The realities of Fraud Risk
• Corporate Governance – What is Corporate Governance
• The Sarbanes-Oxley Act and Implications for SA Business
-Clarifying the responsibility for identifying and preventing Fraud
-Understanding the IFRS

2. Developing Integrated Strategies to Prevent and Detect Economic Crime and Ethics Abuse
• The costs of Occupational Fraud and Abuse
• Perpetrators in Perspective
-Understanding Human Behaviour
-Common Fraudster rationale
-The behavioural shift and the triggers that create the modern fraudster
-Strategic Management Planning (Fraud Prevention)
-Developing a culture of Ethics

3. Legal Elements of Fraud
• Understanding legal obligations and requirements
-JSE Securities Exchange
-Companies Act
-Public Finance and Management Act (PFMA)
• Common Law considerations of Fraud Investigation; and Constitutional Considerations
• Navigating your way through the criminal prosecution
• Prevention of Organised Crime Act
• Civil Proceedings and Asset recovery
4. Proceeds of Crime and Money Laundering Typologies
• What is money laundering?
• Stages & techniques of Money Laundering; Anatomy of a Money laundering Case
• The 10 laws of money laundering; Features of an Ideal Financial Haven
• Offshore financial centres & bank secrecy jurisdictions; Impact on financial institutions
• Financial Information Centre Act – FICA
• Anti-AML Policies, processes and solutions
5. Identifying Occupational Fraud Risk – Typologies and Red Flags
• Cash Frauds:
  Skimming; Voids/Under rings; Exchange of Checks for cash; Till tape alteration;
  Fictitious refunds and discounts; Journal entry manipulation; Kiting
• Accounts Receivables Fraud
  Lapping; Fictitious sales; Diversion of payments; Borrowing
• Inventory Fraud
  Theft to Inventory; Embezzlement; Theft of Scrap Proceeds
• Purchasing Fraud
• Fraud to Investments and Fixed Assets
• Human Resources Fraud – Payroll Fraud
• Accounts Payable Fraud
• Credit Card Fraud
6. Identifying Management Fraud Risk – Typologies and Red Flags
• Revenue Recognition
-Improper Revenue Recognition – Substance versus Form
-Revenue Recognition in Improper Periods
-Improper Revenue Recognition – Percentage of completion
-Improper Treatment of Certain Transactions as Sales

• nadequate Disclosure of Related-Party Transactions
• Improper Asset Valuation
• Improper Deferral of Costs and Expenses
• Inadequacies in Managements Discussions and Analysis
7. Professional Interviewing Techniques
• The Law and the recording of interviews
• Techniques for interviewing of highly successful interrogators

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