Money Laundering and Money Auditing:

The fraud course offers great topics like banking fraud in South Africa.

COURSE TOPICS

• Money Laundering Basics
  
• Offshore financial centers & bank secrecy jurisdictions
  
• International Anti Money Laundering and Terrorist Financing Initiatives
  
• Best Practices for Customer
  
• Identification and Verification
  Identifying, Investigating and Reporting Suspicious Activity
  
• Money Laundering in Non-Banking Institutions
  
• Money Laundering Around the World & USA
  
• Cyber Laundering
  
• Terrorist Financing
  
• E-Terrorist Financing
  
• SADC Money Laundering Countermeasures
  

Hussam A. Al-abed is a Jordanian White Collar Crime consultant, public speaker and a leading trainer in the banking industry with expertise on Topics ranging from Money laundering, Detection of forgery & Counterfeiting, Bank Fraud, Safeguarding Customer Information, Identity Theft, Internet Fraud, Bank Security and investigation of Financial Crimes.

Advisory Board member of The Association of Certified Anti-Money Laundering Specialists –ACAMS; General manager of; Associate Member of The Arab Academy for Banking & Financial Sciences; Member of The American White Collar Crime Research Consortium; Editor of The Middle East - Bank Security - Newsletter; White Collar Crime Administrator On The Syrian Law Website; Member Of The Arab Club For Media & Information Technologies—Bankers On Line Guru; Representative for Jordan & The Middle East, for Counterfeits & Forgeries review.

Bart Henderson

Bart Henderson lectures privately in Southern Africa and on contract for the New York Institute of Finance in South East Asia and the Financial Training Company in Singapore on the subject of economic crime and ethics abuse.

Bart’s dissertations on the subject of compliance, performance and forensic audit management methodology have been described as brilliant.

His 404-page book fraudabc.com upon which his workshops are based took three and a half years to complete. The book has been nominated as book of the week by the 22 000 member International Association of Certified Fraud Examiners, which is represented in over 100 countries.In it he documents the principle steps to becoming a great fraud investigator. He outlines extensive red flags and the protocols he follows to interpret their meaning.

His second book A Conflict of Interest -
‘ Fraud and the Collapse of Titans’ detail the collapses of Enron, BCCI and Barings Bank.

His workshop is designed for the practitioner on the ground working with the daily issues of fraud and its manifestation in the workplace.

Learn to identify and investigate – Cash Fraud, Account Receivables (Debtors) Fraud, Account Payable (Creditors) Fraud, Fraud to Inventory, Payroll Fraud and Purchasing Fraud, Fraud involving Investments and Fixed Assets and Financial Statement Fraud (including Improper Revenue Recognition).

KEY BENEFITS OF ATTENDING YOU WILL LEARN HOW TO:

1. Protect your organisation by predicting future fraud tactics
   
2. Formulate a fraud prevention strategy that will protect your organisation against crime
   
3. Identify vulnerable and potential areas of risk in your organisation
   
4. Recognise potential offenders through understanding human nature
   
5. Minimise the effects of fraud on your company’s public image
   
6. Combat fraud through the role of internal auditing
   
7. Retrieve evidence from personal computers and uncover fraudulent scams
   
8. Investigate and draw up watertight cases against suspects of fraud under the new Constitution

Companies attending course!

'EXCELLENT - is an understatement!' Menishka Moodley - Risk Officer. FNB Homeloans

‘Forget other fraud prevention courses, attend this one!' David Motlou - Internal Auditor. Pfizer

'This was an extremely worthwhile workshop' Dr. AA Pienaar - Chief Director. Gauteng Dept of Education

Next Event:

When?
Where? Johannesburg South Africa
Cost? R

How?
Call (083) 742-8330 or
Fax (012) 658-5748

E-mail sacfm@corpdial.co.za or

PO Box 77579
Eldoraigne
0171

These units assist companies with a foolproof method of validating ID documents, drivers licences and most other documents prone to forgery. Invaluable in HR companies and in HR departments. The units also greatly benefit Banks, Retail, Customs etc…

R1500 + Vat per unit. Tel: (083) 742-8330

Subjects

• Introduction to Compliance
• South African Legislative Framework
• Prevention of Organised Crime Act
• Financial Intelligence Centre Act
• Financial Advisory and Intermediary Services Act
• Typologies of Money Laundering
• Recent International Developments
• What a Comprehensive Compliance Program Should Contain
• Safe Structuring of Offshore Operations
• Companies and Trusts
• Proceeds of Crime
• International Exchanges of Information
• Exchange Control Regulations
• 'Know Your Client'
• Reporting Obligations
• Staff Training Obligations
• South African Tax Compliance
• 'All Crimes' Legislation Offshore
• Keeping Clear of Civil Liability
• Dealing with all aspects of Compliance in the Workplace
• Insider Trading

R120.00

R320.00

R120.00

R320.00

R120.00

R240

Learn to identify and investigate – Cash Fraud, Account Receivables (Debtors) Fraud, Account Payable (Creditors) Fraud, Fraud to Inventory, Payroll Fraud and Purchasing Fraud, Fraud involving Investments and Fixed Assets and Financial Statement Fraud (including Improper Revenue Recognition).

Johannesburg –

1. Protect your organisation by predicting future fraud tactics
   
2. Formulate a fraud prevention strategy that will protect your organisation against crime
   
3. Identify vulnerable and potential areas of risk in your organisation
   
4. Recognise potential offenders through understanding human nature
   
5. Minimise the effects of fraud on your company’s public image
   
6. Combat fraud through the role of internal auditing
   
7. Retrieve evidence from personal computers and uncover fraudulent scams
   
8. Investigate and draw up watertight cases against suspects of fraud under the new Constitution

DAY ONE

1.Financial Integrity and Corporate Morality

The realities of fraud risk: providing a historic, current and future trend perspective
The efficacy of the corporate governance model: can Corporate Governance reverse the current trend of declining corporate morality?

2.The Audit Profession and Fraud

Clarifying the internal auditor’s
responsibility to prevent and detect fraud Statement on Auditing Standards (S.A.S.) # 5.3.2: sacrificing prudence to a perception of economy?
Resisting the ‘greying’ of critical performance criteria of the audit function and the potential for conflicts of interest
Independence: the risk of pushing the ambiguity envelope: the last temptation

3.Developing Integrated Strategies to Prevent and Detect Economic Crime and Ethics Abuse

The costs of occupational fraud and abuse
Perpetrators in perspective
Objectives & Characteristics o f a successful strategy
Key success factors of such a strategy
Its critical performance areas
Identifying economic crime and ethic abuse activity

4.Legal Elements of Fraud

Legal Elements of fraud
Legal Powers of Search and Seizure
Initiating proceedings
Asset Forfeiture
Money laundering & drug trafficking

5.Identifying Occupational Fraud Risk. An A-Z of Red Flags

Statistical sampling - a prerequisite to strategic planning
Compliance versus forensic audit

Schemes

Fraud and Tellers - Accounts Receivable Fraud - Inventory Fraud - Purchasing Fraud - Investments and Fixed Assets Fraud - Payroll Fraud - Fraud in the Accounts Payable Environment - Credit Card Fraud

1.Financial Statement Fraud Legal Elements

Principles of Corporate Governance
Managements Responsibilities
Audits Responsibilities
Financial Statement Fraud - Forensic Audit Protocol Part 2
Risk Assessment – Trends
Ratios

2.Fraud in the Futures Market

Insider Trading
Cramming
Microcap Stocks
Boiler Rooms
Pump and Dump

3.Improper Revenue Recognition

Substance versus Form
Revenue Recognition in Improper periods
Improper Deferral of Costs and Expenses
Percentage of Completion
Improper Asset Valuation
Improper Treatment of Certain Transactions as Sales
Conflicts of Interest
Inadequate Disclosure of Related-Party Transactions
Inadequacies in Managements Discussions and Analysis

4.Fraud and Information Technology

Practices of Successful Government Institutions
Navigating the Frontier
Bulletin Boards
E-mail Spam’s
The Pump and Dump
Online Investment Fraud
The Pyramid
The Risk Free
Offshore Fraud

5.Computer Terrorism …

The Future of Cyber Terrorism
Cyber Terrorist Goals
Statistical Sampling - a prerequisite to strategic planning

1.Computer Criminality

The computer as a target
The computer as a tool of a conventional crime
The computer and new age crime
Hacking
Viruses, Worms and Trojan Horses
Information Warfare

2.Evidence and Personal Computers

Retrieving evidence from personal computers
Computer search preliminaries Basic rules
Search tools
Advanced file hiding techniques
Encryption

3.Human Behaviour

Understanding human nature
Common fraud rationale
The behavioural shift
Organisational culture
Whistle blowers
Focusing on the human element

4.Professional Interviewing Techniques

An Introduction to Advanced Interviewing Techniques

CLOSE

WHO SHOULD ATTEND?

Store Managers - Purchasing Managers - Risk Managers - Loss Control Managers - HR Managers - Admin Managers - Internal Auditors - Forensic Auditors - Government

“Bart is very experienced and has a wonderful approach to training”
James M. Banda, Buyer, Admark
Malawi

“Bart is an excellent presenter!
Drinkie Scholtz, Associate Director, Department of State Expenditure

Recent delegate comments:

'Forget other fraud prevention courses, attend this one!'
David Motlou - Internal Auditor. Pfizer

'An excellent share of detailed information'
Steve Smit - Financial Services Manager (BHP Billiton)

'EXCELLENT - is an understatement!'
Menishka Moodley - Risk Officer. FNB Homeloans

'This was an extremely worthwhile workshop'
Dr. AA Pienaar - Chief Director. Gauteng Dept of Education

'Attending the workshop was an investment of a lifetime for me personally and the Government in General in their commitment and endeavour to combat fraud and corruption. Thank You!'
Solomzi Khohli - Senior Internal Auditor. Department of Communications

'I have attended many conferences, workshops etc. but this workshop and its presenter were above my expectations and the best I have seen in my career.'
Johan Van Der Walt - National Security Manager. Afrox

'A proactive and practically directed workshop coupled with contemporary thinking. The training will be of benefit to fraud investigators from any background and industry.’
Gordon Crundwell – Unit Manager (Fraud) Goldfields Protection Services

'Very informative'
Gavin Wasserfall - Manager Fraud Investec

'Finally I found a constructive course.'
Steve Vorster – Director. Global Resorts

'Bart is very experienced and has a wonderful approach to training'
James M. Banda, Buyer, Admark
Malawi

'Bart is an excellent presenter!'
Drinkie Scholtz, Associate Director, Department of State Expenditure

The Reserve Bank is happy about the "positive" report from an independent review on corporate governance of the five largest banking groups in the country - Absa, FirstRand Bank Holdings, Investec, Nedcor and Standard Bank.

Reserve Bank Deputy Governor Gill Marcus said the review, released in Pretoria on Tuesday, found that the corporate governance of the banking groups was "sound and that no serious breaches existed".

"It's a very positive report. It points out that our banking groups' boards are healthy and have a level of independence required to fulfill their roles," Marcus said.

The review was conducted by JK Myburgh and commissioned by the Registrar of Banks, Christo Wiese, last year. The review's terms of reference were to broadly evaluate the standard of corporate governance applied by the banks, with the premise that corporate governance is an essential element of a healthy risk-management process crucial to the banking business.

In this regard, the review found the banks to be committed to adhering to and applying high standards of corporate governance.

"Acting on the advice of specialists on corporate governance, the banks on their own initiative from time to time review their corporate governance to ensure compliance with accepted governance principles," the report said.

However, vigilance was still required to ensure continued compliance with standards of governance, which were constantly evolving in South Africa and internationally, Myburgh said.

Wiese said it was encouraging to note that risk-management processes in the relevant banks had become more quantitative, which reflected not only enhanced ability to process data, but also the application of improved techniques for the measurement and management of risk.

Myburgh's report recommended, however, that banks should reduce the number of board members, as "smaller boards are more cohesive and work more effectively than large boards".