CPD Course Catalog Fall 2021 | The School of Professional Studies

14 CPD UNITS
UNITS
FRAUD RISK
MANAGEMENT –
A HOLISTIC
APPROACH
CONTINUOUS PROFESSIONAL DEVELOPMENT (CPD) | SKILLS YOU NEED
C O U R S E D E T A I L S
Research indicates that scammers take advantage of crises, exploiting
people at their most vulnerable moments to propagate fraud attacks.
Currently, as a result of Covid-19 pandemic, fraud incidents are
increasing rapidly and constitute a significant threat to any organization.
Undoubtedly, no organization is immune to fraud incidents which can
have a devastating impact on companies and can even result in
bankruptcy. It is estimated that entities loses an average of 5% of their
annual revenue as a result of fraudulent acts. Consequently, all entities
are nowadays more susceptible to fraudulent acts and there is an
increased need for having a formal Fraud Risk Management Program in
place to address and manage the risk of fraud.
This course will help participants to acquire the necessary knowledge
and skills they need to implement a holistic approach in managing fraud
risk by developing an appropriate Fraud Risk Management program,
enhancing both generic and specific internal controls, conducting Fraud
Risk Assessments and Fraud Investigations and taking remediation
measures where necessary.
T A R G E T G R O U P
Internal Auditors / External Auditors
Chief Financial Officers / Finance Directors
Lawyers / Chief Executive Officers
Compliance Officers / Risk Management Officers
Members of Audit and Risk Committees
Accountants
I N S T R U C T O R - C H R Y S T A L L A K A Z A R A ( B B A , A B A , M B A , A C C A , C F E )
T O P I C S T O B E C O V E R E D
Introduction to Fraud
Fraud Awareness
Fraudster’s Mindset
Fraud Risk Management Frameworks
Fraud Risk Management program (FRM)
Fraud Risk Assessment
Factors affecting level of risk
Benefits of conducting a Fraud Risk
Assessment
Designing and conducting a Fraud Risk
Assessment
Entity level Anti-Fraud Controls
Ethical Corporate Culture
Corporate Governance
Characteristics of effective Corporate
Governance structure
Importance in Fraud Prevention
Core Values
Corporate Governance Guidelines
Monitoring Fraud Risk
Investigation of detected Fraud Incidents
Chrystalla is a holder of a bachelor’s degree in business administration, an MBA and a Banking Certificate from the
American Bankers Association. She is a Chartered Certified Accountant (ACCA) and a Certified Fraud Examiner (CFE),
member of the Board of Directors of ACFE Cyprus and of the ACFE Global. She is also a member of ICPAC, of the Cyprus
Institute of Internal Auditors and of ISACA Cyprus Chapter. She has 20 years of experience in the Banking sector, in two
of the largest financial institutions in Cyprus, and has also experience in the Corporate Services sector. Her expertise
mainly focuses on Project Management, Risk Management, Compliance/AML, Corporate Governance, Internal Audit,
Fraud Risk Management and Fraud Investigations. Currently, she is a Lecturer of professional courses and a corporate
trainer of professional development courses.
Take the next step UP in your career. Sign up now.
DATES
& VENUE
N I C O S I A
C Y P R U S C O L L E G E
26/11 – 29 /11
FRIDAY & MONDAY
9.00-17.00
€290 + VAT
H R D A S U B S I D Y : €232
D E L I V E R Y M E T H O D
F A C E - T O - F A C E
PLEASE NOTE THAT DUE TO
THE COVID-19 PANDEMIC,
IN-PERSON PROGRAMS
MAY SHIFT TO
VIRTUAL FORMAT
Tel: 22713230 | Email: SPSNicosia@cycollege.ac.cy | Webpage: https://sps.cycollege.ac.cy
L A N G U A G E O F
I N S T R U C T I O N
ENGLISH