Skip to content
Get In Touch Support Hub Partners Investors
Free trial Book a demo

Understanding Failure to Prevent Fraud

Learn how the Failure to Prevent Fraud offence works, what it means for our Company, and how you can help reduce risk by recognising fraud and supporting prevention procedures.
Start your trial Course details
  • 30 Minutes
  • All staff

Learning objectives

  • Appreciate the aim and scope of the failure to prevent fraud offence
  • Identify the types of fraud that may be covered by the failure to prevent fraud offence
  • Use the fraud triangle to recognise red flags and risk indicators
  • Follow reasonable fraud prevention procedures
  • Know how to report concerns about fraud or fraudulent practices

    What can you expect your employees to learn?

Welcome

Learning objectives

What is fraud?

  • What is the Economic Crime and Corporate Transparency Act?
  • What is the Failure to Prevent Fraud offence?
  • Why does FTPF matter?
  • Who is the FTPF aimed at?

Who is an associated person?

  • You decide: Associated person or not?

Territoriality, subsidiaries and supply chains

  • You decide: Could they be held accountable?

Types of fraud covered by the FTPF offence

  • You decide: Is it relevant to FTPF?
  • You decide: What type of fraud is it?

The fraud triangle

  • You decide: Motivation, opportunity, rationalisation

Our fraud prevention framework: The six principles

  • Your role
  • Best practice

Reporting and whistleblowing

  • You decide: Reporting fraud

Scenario: The dilemma

Scenario: The suspicious phone call

Summary

Affirmation

Assessment

Complete

Start your compliance e-learning journey with a free trial

Our no-obligation free trial gives you access to our libraries and compliance platform. 

Ready to start your free trial? Complete the form, and a member of the Skillcast team will be in touch with further details.

Your questions, answered

Fraud Prevention

Failure to Prevent Fraud

Common FAQs

How can I ensure employees are aware of our Fraud Prevention policies and procedures? 

Our Policy Hub makes it easy to distribute your Fraud Prevention policies to all employees and track their acknowledgement. You can set up automated reminders to ensure that employees review and agree to comply with these policies, providing a clear record of engagement to support compliance.

How can employees report suspicions of fraud anonymously?

Our Whistleblowing Register provides a secure and anonymous platform for employees to report any suspicions of fraud. This tool ensures that employees can raise concerns without fear of retaliation, allowing your organisation to address potential issues promptly and transparently.

Are the courses SCORM-compliant?

Yes. This means they can be delivered via the Skillcast Portal or any other SCORM-compliant Learning Management System.

What other tools are needed beyond training?

A comprehensive compliance solution often needs more than just training. Alongside e-learning, tools like declarations, surveys, and registers that track compliance tasks are usually essential. Skillcast provides full support to help you set up these additional tools.

Can users only view the courses assigned to them?

Yes. Users can view all the courses in the portal that have been assigned to them as either mandatory or optional. Courses that are mandatory will have a deadline shown.

Related courses

Boost your compliance efforts with our range of courses. Varying in length and topic, our courses equip you with the tools to create an ethical and resilient workplace.

Fraud Prevention

Fraud can have grave consequences for companies, employees, and customers.

Read more

In-depth 35 Minutes Fraud Prevention All staff

Fraud Prevention

Fraud is criminal or deceptive behaviour aiming to secure an unfair or unlawful gain through deliberate or dishonest misrepresentation.

Refresher 15 Minutes Fraud Prevention All staff

Abuse of Position

Bring "Abuse of Position" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Understanding Fraud

Bring "Understanding Fraud" e-learning to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Identity Fraud

Bring "Identity Fraud" compliance training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Identity Crime

Identity theft involves criminals obtaining and misusing someone's personal data to commit fraud.

Read more

In-depth 20 Minutes Fraud Prevention All staff

Failing to Disclose Information

Bring "Failing to Disclose Information" compliance training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Customer Fraud

Bring "Customer Fraud" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Supplier Fraud

Bring "Supplier Fraud" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Authorised Push Payment Fraud

Bring "Authorised Push Payment Fraud" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

False Representation

Bring "False Representation" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Economic Crime and Corporate Transparency Act 2023

Bring "Economic Crime and Corporate Transparency Act 2023" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Employee Fraud and Insider Threats

Bring "Employee Fraud and Insider Threats" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Fraud Offences and Penalties

Bring "Fraud Offences and Penalties" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Mandatory Leave

Bring "Mandatory Leave" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Preventing Corporate Fraud

Bring "Preventing Corporate Fraud" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

The Fraud Triangle

Bring "The Fraud Triangle" training to life using animation characters and storylines.

Microlearning 5 Minutes Fraud Prevention All staff

Abuse of Position

Abuse of position is a type of fraud that employees can commit, sometimes inadvertently, when they use their position at the Company for their personal gain.

Express 10 Minutes Fraud Prevention All staff

Financial Integrity

In-depth 30 Minutes Fraud Prevention All staff

Fraud Prevention for Managers

The consequences of fraud are very serious for both companies and employees alike.

In-depth 35 Minutes Fraud Prevention Managers

Understanding Failure to Prevent Fraud for Managers

Learn how the Failure to Prevent Fraud offence works, what it means for our Company, and how you, as a manager, can help reduce risk by recognising fraud and supporting prevention procedures.

Read more

In-depth 35 Minutes Fraud Prevention Managers
Browse the complete Fraud Prevention training package