Fraud Awareness & Prevention Training

Overview

This course in Fraud Awareness and Prevention focuses on how to identify and prevent fraud in the workplace, and how to report it correctly, for the benefit of individuals and the company as a whole. It is designed to ensure the user’s understanding of, and compliance with, the Fraud Act 2006.

Targeted at employees of all levels, this CPD Accredited course provides the user with a printable certificate upon completion of the end-of-training test.

Learning Outcomes

In this course you will learn:

What fraud is, its effects, and why fraud policies may be necessary in the workplace.
Actions that can be taken by employers and employees to prevent fraud.
The details of the Fraud Act 2006 and your responsibilities for compliance.

Course Contents

This course consists of five sections:

Section 1: what is fraud?

The first section of this course explains what fraud is and the forms that it may take, using examples to demonstrate how it occurs and the effect it may have. It also includes a summary of the Fraud Act.

Section 2: detecting fraud

Section 2 explores how to identify fraud and signs that it might be taking place. It invites you to trust your intuition and knowledge of your organisation in order to remain aware of when something might be amiss.

Section 3: preventing fraud

Section 3 discusses how to use personal accountability and other internal controls as fraud prevention methods. Here, you will gain an understanding of your own responsibilities in the fight against fraud.

Section 4: external fraud

Fraud prevention includes protecting your company data. This section outlines your responsibilities for contributing to the maintenance of cyber and other security systems.

Section 5: reporting fraud

Section 5 looks at what should be included on an anti-fraud policy, including the potential effects of fraud detection. It discusses the importance of a zero tolerance approach, and how instances of fraud should be dealt with.

About the Course

The Fraud Awareness and Prevention training course aims to raise awareness about the types of fraud and how the risks of each might be mitigated. According to the Fraud Act 2006, there are three types of fraud:

Fraud by false representation
Fraud by failing to disclose information
Fraud by abuse of position

This course primarily focuses on techniques for fraud prevention, detailing signs by which to identify fraudulent activity, how to report fraud when it is detected, and how to develop a transparent and detailed fraud policy.

Available in 31 languages, the course takes around 35 minutes to complete.