The global leading business intelligence company, VMAC Business Group (VMAC) will be organising a 2 day workshop themed “Corporate Fraud Control Workshop” on 26th & 27th April 2010 at Shanghai, China.
Fraud is generally defined as a criminal deception made for personal gain or an untitled advantage. In such, corporate fraud is a term used to refer to either fraud on behalf of a company, such as misrepresentation of financial reports and price-fixing; or against a company, such as misappropriation of resources and embezzlement.
According to survey conducted by KPMG, incidences of corporate fraud have been increasing in occurrence and severity. Industry estimates place losses incurred through corporate fraud at the tune of a trillion US Dollars each year.
In the changing face of business today, higher employee transience coupled with the rapid growth and increasing complexity of organisational structures, along with reliance on automated systems of control, provides a fertile feeding ground for potential fraudsters.
Effective internal auditing does help weed out incidences of fraud within the organisation; it is not a means to an end, but rather an indicator that there is a need for preventive measures.
Joshini, production manager of VMAC Business Group said “this training will provide finance, auditing, risk, and compliance executives across industries a platform to meet and discuss common issues and problems faced in fraud control.”
“Delegates can look forward to exciting, hands-on sessions held in an interactive environment fronted by a dynamic, experienced trainer. In addition, this workshop also provides delegates with excellent networking opportunities”, she continued.
To know more about Corporate Fraud Control Workshop, please do not hesitate to contact them at +603-2615 9499 or download event brochure online.
About VMAC Business Group
VMAC Business Group (vmacgroup.com) is a leading business intelligence company that was formed to provide indispensable business learning & strategic networking platforms to Fortune 1000 & Blue-Chip companies globally, through mediums like International Business Conferences, Hospitality Management, Corporate Trainings & International Exhibitions.