LEXIS NEXIS Internal Control Masterclass 2009

1. Internal Controls Masterclass
Detecting Systemic Weakness and Employing Investigative
Auditing for Effective Compliance
Monday – Tuesday, 2 – 3 March 2009, 9.00am – 5.30pm
Berjaya Times Square Hotel, Kuala Lumpur
Course overview
every year, it is a documented fact that businesses lose billions of dollars as a result of fraud. The Association Enjoy an early bird
of Certified Fraud examiners (ACFe) reports that fraud and abuse cost businesses in the US up to USD6 Discount
billion annually. when you register by
30 January
The severity of financial economic crime (FeC), highlighted by recent cases, such as enron, Worldcom, China
Aviation Oil, national Kidney Foundation, ACCS, China Food Holdings emphasize the need to prevent 2009!
and detect financial economic crime, and to ensure that effective remedial actions are implemented.
This comprehensive, interactive programme offers you an in-depth understanding of the fraud pandemic in
Asia Pacific and globally, the legal and financial elements of fraud, and a proven system to prevent, detect
and investigate potential fraud situations.
Who Should Attend
Day One | 2 March 2009 Day TWO | 3 March 2009
This program is aimed at
InTrODucTIOn TO InveSTIgaTIve MISapprOprIaTIOn OF aSSeTS persons whose prime
auDITIng anD InTernaL cOnTrOL Misappropriation of assets is the theft or misuse of interest is in the
assets and accounts for 80 percent of all occupational
• Understanding how the different approaches of prevention, detection and /
fraud. Understand theft of cash and popular ways that
or investigation of financial
internal audit and forensic audit differs from
fraudsters usually use to commit this crime
investigation
economic crimes from the
• Cost of fraud to your organisation
following designations:
SKIMMIng, caSH Larceny, anD OTHer
• The difference between internal fraud and external
aSSeTS
fraud • Finance, Operation and
• How to sell the investigative audit approach to • Skimming from the cash accounts and receivables IT Managers / Directors
senior management and board of directors • Larceny
• External Auditors
• How to build the core competencies for • Misuse of fixed assets
investigative auditing • Audit Managers
• Inventory schemes
• How to apply the investigative auditing
• Corporate Attorneys
methodology FIcTITIOuS DISBurSeMenTS
• How to avoid liability by understanding the legal • Information Security
Understanding fictitious disbursement schemes:
issues involved in conducting an investigative audit professionals
• Intermediate payee schemes:
• Risk Management and
DeTecTIng SySTeMIc WeaKneSS: - intercepted checks
Compliance personnel
THe auDITOrS’ FrauD reSpOnSIBILITIeS - kickbacks
• Fraud Investigators
- employee-owned businesses
Addressing legal and accounting rules that now define
- friend/relative schemes
the responsibilities of both external and internal auditors
with regard to investigative auditing • Self-payee and fictitious payee schemes:
- illicit checks
THe reaLITIeS OF FrauD anD InTernaL - bogus claims
cOnTrOLS Customised
- register schemes
Training
- fictitious person and shell company schemes
• Motive, rationalisation and opportunity for fraud
- false refunds and voids
• How to identify and spot different fraud schemes Programmes
- expense account schemes
• The legal elements of fraud
• Identifying and understanding the characters of
fraudsters
**vIDeO ScreenIng: NEED To DEvEloP
‘THe cOrpOraTe cOn’ (50 MInUTeS)
uncOverIng FrauDuLenT FInancIaL ENTIrE TEAMS?
STaTeMenT ScHeMe
All our conferences and
Many investors have relied on the financial statements
seminars can be developed
THe DaTa anaLyTIcS prIncIpLeS
of a public company, only to find that the books were
into customised programmes
cooked. This session covers early revenue recognition, This session analyses the distinction between Data to meet your organisation’s
liability omissions, fictitious sales and receivables, and Analytics and Digital Forensics
specific training needs. For
other schemes
more information on in-house
InTernaL cOnTrOLS anD prevenTIOn OF
InTernaL cOnTrOLS anD THe eFFecT OF training, please contact
ManageMenT anD OccupaTIOnaL FrauD
BrIBery anD cOrrupTIOn
Pervin
exploring the concept of the perception of detection
• Understanding collusion, bribery, illegal gratuities, and practical solutions to help your organization or
at 03 7882 3561
conflicts of interest, breach of fiduciary duty, your client reduce losses due to fraud
economic extortion
• Methods of making and concealing illegal
payments and detecting corruption schemes

2. About the Trainer
Tommy Seah, Fcpa, FcSI, cFe
Tommy Seah, cFe is the Independent Third Party Central Bank Compliance Reviewer for a $25 Billion asset
management company as well as a Risk Management Specialist and a member of the Global Association of Risk
Professionals (GARP). He is also the elected Vice Chairman of the Association of Certified Fraud examiners (ACFe)
Board of Regents based in Texas, USA. Certified Fraud examiners (CFe) is a post graduate professional qualification
recognised by the FBI and USA Central Intelligence Agency in it’s recruitment of auditors for combating fraud.
Tommy’s previous experience includes systems-based auditing in an American International Bank, where he was
the Senior regional auditor responsible for the Bank’s audit in the Asia Pacific region. He has also held the top
executive position of chief of Internal audit at prime offshore bank where his audit duties covered the Singapore
and Hong Kong operations of the bank.
Tommy is the author of seven banking books including BASeL II Trading Book Issues in Risk Management. He is also
the author of the F.I.G. Programme, the authoritative and definitive text on Financial Instruments used by the banking industry worldwide for
product training. The other five authoritative texts are The Audit Foreign exchange in Banks, The Control of Money Market Activities in Banks,
Financial Management, MCA for Banks and SWAPS in Investment Banking. His latest publication is Understanding and Auditing Operational
Risk Management.
For the past twenty eight years, Tommy has trained some of the top banks and financial institutions in the region. In particular, his expertise in SOX
404, AML and BASeL II systems implementation is much sought after by financial institutions and banks in Germany, Brunei, China, Indonesia,
Malaysia, Philippines, Singapore, Taiwan and Thailand. His prolific training career has seen him train over 10,000 Chief Financial Officers,
Compliance Officers, Auditors, Risk Managers, Fraud Investigators, Financial Analysts, FOReX Managers, Legal Counsels and Accountants.
Secure your interest now! Call 03 7882 3561
registration Form (please read booking conditions)
yeS! I would like to register for: INTErNAl CoNTrolS MASTErClASS
payMenT OpTIOnS
prIce
Pay by Cheque: RM
rM 1700
Regular fee
Please post a crossed cheque payable to
rM 1600
early Bird Fee (register by 30 January 2009)
Lexisnexis Malaysia Sdn Bhd
closing date of registration: 27 February 2009
Pay by Credit Card: RM
Please charge to my Mastercard Visa
DeLegaTe DeTaILS
Card no
DeLegaTe 1 Mr / Ms / Mrs / Dr
name of Cardholder
name
Position Department Signature expiry Date
email Phone
venue
DeLegaTe 2 Mr / Ms / Mrs / Dr
Berjaya Times Square Hotel & convention centre
name
no. 1, Jalan Imbi, 55100, Kuala Lumpur
Tel: 03 2117 8000
Position Department
email Phone
HOW TO regISTer: LS / MKTG
Please send your completed registration form details by:
cOnTacT perSOn Fax: 03 7882 3505 call: 03 7882 3561
Mail: Lexisnexis, T1-6, Jaya 33, 3 Jalan Semangat, Seksyen 13, 46100
Petaling Jaya, Selangor
name
email: pervinderjeet.kaur@lexisnexis.com
Position Department Please include a contact phone number so we may confirm your booking details
BOOKIng cOnDITIOnS
email 1. Registrations will be confirmed upon receipt of your completed Registration Form.
2. Full payment must be made before the date of the conference.
3. If you are unable to attend the conference, a substitute delegate is welcome at no extra charge.
Fax Phone Alternatively, your registration can be credited to a future conference within the next 12 months.
4. For cancellations received in writing more than 3 weeks prior to the conference, a full refund less
MYR 100 admin charge will be made. Regrettably, no refund can be made less than 2 weeks prior to
Company the event and the amount will remain payable in full. A complete set of conference documentation
will be given.
5. All speakers and topics are correct at the time of printing. Lexisnexis reserves the right to substitute
speakers and cancel or alter the content and timing of the programme for reasons beyond its
Postal Address control.
6. Where group discounts are offered, delegates must sign up collectively.