Fraud Awareness and Prevention Training
This Fraud Prevention and Awareness Training Course covers what can be done to protect the workplace from fraud. Whether it is protecting an individual or the business as a whole, preventing fraudulent activity is vital for the ongoing success of any organisation.
970 course reviews
In 2018 alone, criminals successfully stole around £1.2 billion from UK businesses.
- Business Compliance
- 40 languages
- 30m
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Multiple use from as little as £5.00 pp
Single use £27.50 +VAT
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- Multiple users across this or any of our other courses
- Designated Account Manager and full phone/email support
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- Single user on this course
- 60 days’ unrestricted use
- Upgrade to subscription based training any time to suit you
Learning outcomes
- Understand and work towards compliance with the Fraud Act 2006
- Learn what you can do as both an employer and employee to prevent fraud
- Know how to report fraud in the right way and understand the need for a Fraud Policy
Your trial awaits!
Covered in this course
Course contents
This training course is broken down into 5 sections
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1What is Fraud?
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2Detecting Fraud
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3Preventing Fraud
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4External Fraud
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5Reporting Fraud
Section 1
Fraud is a criminal offence. It’s ‘wrongful or criminal deception intended to result in financial or personal gain’. It’s a type of theft which usually involves lies or confidence tricks to encourage someone to freely part with their money or goods through scams; or involves a breach of trust, such as misusing company assets. In this section, we give you an introduction to the basics of fraud, cover The Fraud Act and provide example scenarios.
Section 2
Most fraud is discovered by tip-off or by accident. And it’s the employees who are the eyes and ears of an organisation. So, this is where YOU come in, as a valued employee of your organisation – you know what’s normal, how things are done and what looks right, and so you are the most likely person to spot what doesn’t look right! And, you know when people are acting oddly or out-of-character. It’s not about spying! Simply about being aware.
Section 3
Everyone should know what they are responsible for and know what this means. This creates accountability and can go a long way in preventing fraudulent activity. It’s good practice for organisations to have controls in place which make it very difficult for fraud to take place or to go undetected. In this section we look at 5 common principles of internal control.
Section 4
You must make sure you use any software protection provided for you, such as a firewall, virus-checking software, anti-malware and anti-spyware software; and it must be up-to-date. It’s the basis of keeping your data safe – it’s one of your organisation’s main defences against criminals aiming to gain sensitive or personal data, which they can then use in fraudulent activities.
Section 5
It’s good practice for organisations to have a written Fraud Policy stating a zero-tolerance to fraud, explaining what constitutes fraud and the consequences if an employee commits a fraudulent act. It may explain your organisation’s procedure for dealing with a case of fraud, which could involve an internal investigation, getting advice from fraud advisors, or reporting it as a crime.
Section 1
Fraud is a criminal offence. It’s ‘wrongful or criminal deception intended to result in financial or personal gain’. It’s a type of theft which usually involves lies or confidence tricks to encourage someone to freely part with their money or goods through scams; or involves a breach of trust, such as misusing company assets. In this section, we give you an introduction to the basics of fraud, cover The Fraud Act and provide example scenarios.
Section 2
Most fraud is discovered by tip-off or by accident. And it’s the employees who are the eyes and ears of an organisation. So, this is where YOU come in, as a valued employee of your organisation – you know what’s normal, how things are done and what looks right, and so you are the most likely person to spot what doesn’t look right! And, you know when people are acting oddly or out-of-character. It’s not about spying! Simply about being aware.
Section 3
Everyone should know what they are responsible for and know what this means. This creates accountability and can go a long way in preventing fraudulent activity. It’s good practice for organisations to have controls in place which make it very difficult for fraud to take place or to go undetected. In this section we look at 5 common principles of internal control.
Section 4
You must make sure you use any software protection provided for you, such as a firewall, virus-checking software, anti-malware and anti-spyware software; and it must be up-to-date. It’s the basis of keeping your data safe – it’s one of your organisation’s main defences against criminals aiming to gain sensitive or personal data, which they can then use in fraudulent activities.
Section 5
It’s good practice for organisations to have a written Fraud Policy stating a zero-tolerance to fraud, explaining what constitutes fraud and the consequences if an employee commits a fraudulent act. It may explain your organisation’s procedure for dealing with a case of fraud, which could involve an internal investigation, getting advice from fraud advisors, or reporting it as a crime.
About this course
Fraud can make an individual or group feel unsafe or as if their privacy has been violated. Action Fraud reported in September 2017 that around 272,980 fraud offences (in the UK alone) had been carried out in the previous 12 months.
According to the Fraud Act 2006, there are 3 types of fraud;
- Fraud by false representation
- Fraud by failing to disclose information
- Fraud by abuse of position
Preventing fraud, while increasing awareness of the topic within your business, can prevent monetary loses (sometimes major ones) as well as prevent delicate and private information being shared and distributed. This online training will provide you with knowledge on what the signs of fraudulent activity are, what to do if you encounter fraud and how to raise awareness of fraud. There may not be a strict set of rules to follow that will guarantee you or your business do not encounter fraud, but this course will equip you on how best to manage the situation and avoid being a victim of fraud.
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The importance of Fraud Awareness and Prevention Training
It's important that you comply with the law and understand the positive impact this training course can have on your organisation and employees.
Find out moreAvailable in 40 languages
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Fraud Awareness Training certificate
Download and print
Each of our courses ends with a multiple-choice test to measure your knowledge of the material.
This Fraud Awareness and Prevention Training course concludes with a 20 question multiple choice test with a printable certificate. In addition, brief in-course questionnaires guide the user through the sections of the training and are designed to reinforce learning and ensure maximum user engagement throughout.
As well as printable user certificates, training progress and results are all stored centrally in your LMS (Learning Management System) and can be accessed any time to reprint certificates, check and set pass marks and act as proof of a commitment to ongoing legal compliance.
What does this certificate include?
Your Fraud Awareness and Prevention Certificate includes your name, company name (if applicable), name of course taken, pass percentage, completion date, expiry date and stamps of approval or accreditations by recognised authorities.
Please note if you are using our course content via SCORM in a third party LMS then we are unable to provide certificates and you will need to generate these in your host LMS yourself.
970 real user reviews
4.7
out of 5
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too many clicks and superfluous information
This course seems to be too long and have too many clicks and superfluous information that is not summarised at the end of each section but questions are asked of it in the test – for example does it mean i don't understand fraud if I don't know that fraud is or is not the most prevalent crime in UK?
Training that covers all points,
This user gave this course a rating of 5/5 stars
Easy to follow
Quick method to training which is easy to follow
good
This user gave this course a rating of 5/5 stars
Clear, explanatory course, with complimentary case studies
Straight forward, well thought out course, with pertinent detail to gain clear understanding of what constitutes fraud, how it can be spotted, way to mitigate risk of occurrence and what to do if it is spotted.
Good and informative
I didn't know that most of the crime in the UK is fraud, but that makes this course all the more important to go through. Content was good.
Fuller understanding of Fraud in the Workplace
Very good course that provided excellent content and information
Long but informative
It was OK just alot to remember!
Why is this training important?
Compliance
It’s important that you comply with the law and know the ways in which it affects you and the way you work.
The Fraud Act 2006 places accountability on those who commit fraudulent acts. If found guilty, a person could be liable to pay a fine or serve a prison sentence.
As an improvement on the Theft Act 1968, it aims to keep up with changing technologies and enables those who are guilty of committing these crimes to be prosecuted.
In conjunction with the Fraud Act, this course incorporates how your organisation can raise awareness of fraudulent activity with how to prevent it from occurring.
The Act provides for a general offence of fraud with three ways of committing it, which are by false representation, by failing to disclose information and by abuse of position. It creates new offences of obtaining services dishonestly and of possessing, making and supplying articles for use in frauds. It also contains a new offence of fraudulent trading applicable to non-corporate traders.
