Q1. Most recently it has been the UK that has updated its fraud legislation. What effect has the Fraud Act 2006 had on the definition of the offence of fraud in the UK?
Q2. What are the key fraud risks faced by companies and who is responsible for them?
Q3. Could you outline the approach that a company should take to manage the risk of fraud?
Q4. What steps would you advise companies to take in order to establish a corporate strategy for fraud prevention?
Q5. What responsibilities do regulators usually place on senior management in relation to fraud? Could you give examples of good and poor practice?
Q6. What steps should companies take when assessing and managing fraud risks?
Q7. What factors should companies consider when allocating responsibilities for the management of fraud risk?
Q8. What types of controls should companies implement to minimise the risk of fraud?
Q9. What are the best ways for companies to measure and monitor the effectiveness of their fraud prevention and detection techniques?
Q10. What are the key objectives of pre-determined response mechanisms for fraud risk?
Q11. What subjects should be included in a company's contingency plan for fraud?
Q12. What process should be established to investigate and evaluate suspected fraud?