Corruption schemes and its devastating effects, combined with a dramatic increase in the number of enforcements, have made bribery and corruption a key issue for many global organizations. The extension of anti-corruption laws to vendors presents additional vulnerability: how do you ensure that both your employees and the third are following the rules?
Learn to protect your organization by effectively incorporating anti-bribery and corruption compliance policies. Also learn to apply effective detection and investigation procedures, into your anti-fraud strategy. Understand common corruption schemes and anti-corruption liability, including the Foreign Corrupt Practices Act (FCPA), UK Bribery Act and other anti-corruption legislation. Recognize red flags and how to manage a global investigation.
Valid for the recognition of 16 CPEs.

Contenuti

• Introduction – Discuss the Fraud Triangle and corruption scheme data from the Report to the Nations, the methods of making and concealing corrupt payments, the global trends in anti-corruption enforcement.
• Legal Elements of Bribery and Corruption – Discuss key legal issues fraud examiners may encounter in bribery and corruption cases (i.e., legal avenues for recovery, legal actions to redress corrupt acts, privacy issues and more).
• The FCPA, U.K. Bribery Act and Other Anti-Corruption Measures- Examine the FCPA, the UK Bribery Act and the differences between the two. Learn about the OECD, other organizations’ conventions against corruption and country-specific anti-corruption legislation.
• Corruption Schemes in Purchasing – Examine the purchasing process for most organizations and some specific types of schemes that occur in connection with the purchase of goods and services. Learn about front businesses and ways that illicit funds can be concealed through them.
• Corruption risk assessment – Explore corruption risk assessments methodology (i.e., curruption risk factors, checklist, methods to analyze curruption risks).
• Anti-Corruption Programs –Learn to build up and to maintain an anti-corruption program (i.e., best practices, standards, tools, and other forms of guidance)
• Third-Party Due Diligence and Monitoring – Contracting with third parties can lead to financial and reputational risks. Learn about the attributes of a third-party due diligence program and the measures for monitoring third-party risks.  
• M&A Corruption Due Diligence– M&A can raise distinctive corruption risks that should be addressed to avoid liability. Learn why companies engage in M&A transactions, the M&A process, the key participants in the M&A process, FCPA concerns in joint ventures, and more.
• Responding to Evidence of Corruption – Explore the first steps that organizations and fraud examiners should take when an allegation of fraud is brought forward. Response plan, initial assessment, building a fraud team, identifying sources of information, conducting interviews and more.
• Managing International Investigations – discuss common challenges to conducting international investigations, how to conduct interviews abroad and to address coordination matters.

Destinatari

Controllers and corporate managers; Detectives and private investigators; Forensic and management accountants, accounts payable and financial analysts; Governance, risk and compliance professionals; Internal and external auditors, CPAs and CAs; Business professionals, educators and students interested in the anti-fraud field; Certified Fraud Examiners and other anti-fraud specialists.

Prerequisiti

None.