ACCA – Wolters Kluwer Joint Event: Ethical Breaches in Real Life: Fraud Against Companies by Insiders & Suppliers
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Description

58% of the corporate fraud in Singapore were committed by staff, according to a research conducted by a KPMG-SMU Singapore Fraud Survey. The importance of having corporate safeguards to protect companies against fraudulent acts committed by staffs and suppliers cannot be emphasized enough.

This practical workshop will examine the relevant laws governing fraudulent offences in Singapore and possible ways of remedies. Specific discussions will focus on the common types of company frauds and fraudulent acts committed by staffs, insiders and company suppliers. We will also discuss the relevant safeguards to protect companies’ interests and the likely areas of recourse when frauds are committed by insiders and suppliers.

Programme Outline

  • Common types of fraud – misuse of cheques, fake invoices, corruption, misuse of company funds etc
  • Relevant criminal laws – cheating, forgery, criminal breach of trust, theft, receiving stolen property, bribery, money-laundering
  • Criminal procedures – investigation, arrest, court trials, sentencing
  • Civil Remedies – lawsuits against offenders, use of constructive trusts against recipients of stolen property, lawsuits against banks, claims against accomplices and recipients of funds, claims against those assisting in offences
  • Legal safeguards – employment contracts, insurance, fraud policies, publicity, preserving evidence, forensic accounting
  • Ethical duties of employees
  • Practical steps in ensuring / encouraging ethical conduct of employees
  • Dealing with employee’s ethical breaches
  • Case studies
    • Sharing of real life and recent cases
    • The lessons to be learnt from ethical and legal standpoint

This workshop qualifies for 7.0 CPE hours in Ethics and Professionalism (Category 2).

What you will learn

At the end of this workshop, you will:

  • Have a comprehensive understanding of the legal processes involved in fraudulent proceedings
  • Be able to better design internal work processes and financial governance policies to safeguard yourself and your organisation against fraudulent acts committed by staffs and suppliers.
  • Sharpen your ability to identify red-flags of unethical practices

Target Audience

  • Finance Professionals and Business Managers
  • Personnel with responsibility in buying or approving purchasing of goods & services and/ or dealing with vendors and suppliers will also find this workshop relevant.

Expert Speaker

Terence Tan
LLM, LLB (Hons), ACCA (Grad)

Terence is an Advocate and Solicitor for over 20 years , and was formerly Asst Professor in the Law Faculty of NUS where he taught Insolvency Law, Company Law and Computer Law.

Terence was named in Parliament in 1995 by the then Minister of Law for his comments on a loophole in the proposed Bankruptcy Act. His comments on bankruptcy legislation were expressly discussed by the High Court and the Court of Appeal.

Besides contributing articles in legal journals ,
Terence also regularly provides legal training and education for professional organizations, overseas universities and MNCs.

ACCA members will enjoy the members' fee of $400.18 (including GST). Kindly key in the promo code "ACCA22" during registration. You will be requested to furnish your ACCA membership number upon receipt of our confirmation.

  • Oct 12
    • Early Bird 30% Discount - Apply Promotional Code: EBF30 $329.56 incl. GST (7%)
    • Early Bird 15% Discount - Apply Promotional Code: EBF15 $400.18 incl. GST (7%)
    • $470.80 incl. GST (7%)
    Wed, 9:00 AM - Wed, 5:00 PM Hotel Venue to be Advised
    • Early Bird 30% Discount - Apply Promotional Code: EBF30 $329.56 incl. GST (7%)
    • Early Bird 15% Discount - Apply Promotional Code: EBF15 $400.18 incl. GST (7%)
    • $470.80 incl. GST (7%)
    • PD hours: 7

Coming Soon

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One-Connection-One-Fee

Our webinars operate on a 'one-connection-one-fee' basis, so you can have your whole team participate together in a boardroom setting for one cost effective price, using one registered log-in connection. The registered attendee will receive a CPD certificate.

Recordings

Like the topic but can’t make the time? Register for the Live Session and you’ll receive the Recording regardless! Recordings are provided for webinars with a duration of 3 hours and less.