| 8:45 |
Chairman opening
Scott Lane, Director & Principal, THE RED FLAG GROUP |
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| 9:00 |
Gaining the upper hand on fraud - Turning regulatory requirements into a competitive advantage |
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This session will use the example of one of the most heavily regulated industries, the pharmaceutical industry, to demonstrate how companies can use stringent external controls to their advantage, rather than seeing them as a obstacle and cost factor.
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- Using regulation to create a strong anti-fraud culture
- Deploying internal controls to minimise the risk of fraud
- Dealing with fraud cases to mitigate impact on business
Antonio Martinez, Regional Head Internal AuditAP, Novartis Pharmaceutical
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9:40
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Ensuring top management support in corporate fraud prevention
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- Lesson learnt - fraud by top management
- What is corporate fraud - as seen by top management
- Understanding how top management relates to corporate fraud
- Establishing a link between tone at the top and corporate fraud prevention
- Creating a business programme driven by top management
Alan Luk, Director Strategic Internal Audit Division, CANON
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| 10:20 |
Coffee break |
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| 10:40 |
Understanding the Audit Committee’s role in preventing and detecting fraud |
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- The evolving nature of the Audit committee
- Latest trends of audit committees
- Where does risk management now sit
- Building an effective system of internal control
- The eyes and ears of the audit committee internal audit
- What is the role of external audit with fraud prevention
Lee White, General Manager Leadership and Quality, INSTITUTE OF CHARTERED ACCOUNTANTS AUSTRALIA
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| 11:20 |
How businesses are affected by the legal aspects of corporate fraud |
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- Outlining the success factors of Singapore’s approach to fraud prevention
- Are regulators reacting to recent scandals with increased regulation and if so, how does this affect business?
- Understanding which legal frameworks apply and how they will impact business
- Lessons learned from some of Singapore’s most high profile fraud cases
Hamidul Haq, Advocate & Solicitor, RAJAH & TANN
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| 12:00 |
Lunch |
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| Panel Discussion |
| 13:20 |
From stopping to enabling – encouraging whistleblowing, discouraging fraud
Have the recent fraud scandals really helped to make life easier for internal fraud investigators and auditors? And if so, how can you benefit from this new image and build internal support for fraud investigations? |
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- Discussing how the new awareness of fraud can help you in your day-to-day duties
- Winning trust – ensuring employees feel helped, not threatened by the “Fraud Tsar”
- Fraud prevention is loss prevention -Convincing senior management
Neville Tiffen, Global Head of Compliance, RIO TINTO
Gaurav Ajmani,CFE, Investigations Manager, Financial Integrity Unit, Microsoft Corporation (India)
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| 14:10 |
Computer related fraud – securing the new frontier
Why has computer related fraud tripled over the past year in Singapore alone? Learn how the digitisation of corporate assets brings benefits of traceability and easier storage, but also opens the door to new forms of (e-)fraud. |
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- Securing and controlling digital assets
- Understanding computer forensics and e-discovery concepts
- Following an e-investigation – a practical example
Rob McCusker, Director of the Centre for Fraud & Financial Crime, UNIVERSITY OF TEESSIDE
Transnational Crime Adviser to the Australian Institute of Criminology
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| 14:40 |
Coffee break |
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| Panel Discussion |
| 15: 00 |
A prime example – key learnings from the Satyam case
This session will examine the SGD 1.5 billion fraud case of Satyam Computers and take a critical look at the methods used and mistakes made. It will further look at the impact the case made on current approaches to fraud prevention and what lessons have been learned. |
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- Examining how a fraud of this scale could develop undetected and what we can learn from this
- Analysing key documents and tactics used
- Understanding the impact of investigators, auditors and regulators – and how their roles have changed since
Gaurav Ajmani, CFE, Investigations Manager, Financial Integrity Unit, MICROSOFT CORPORATION (INDIA)
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| 15:40 |
Combating fraud – creating a risk management plan |
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- Outlining key elements of a fraud risk management framework
- Determining successful approaches to external and internal fraud prevention
- Setting up controls and proper procedures
Carl Rajendram,CFE, CEO, ISM INSURANCE
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| 16:20 |
Round table focus sessions
Discuss approaches to Asia’s most dominant types of corporate fraud. Small groups will enable you to share more details and create an intimate atmosphere for exchanging experiences. Choose between: |
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- Kickbacks and bribes
- Asset misappropriation
- Intellectual property
- Financial misstatements
- Extortion
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| 17:00 |
End of Day One |
