Webinar recording: Fraud Prevention & Detection: The Impact of Corporate Governance, Internal Controls and Culture

Consider Solutions CEO Dan French hosted a webcast with guest speaker Professor Devendra Kodwani, Head of The Open University Business School. Dev shared his expertise from Cand experience with fraud detection and prevention, specifically around the culture and behaviour that drives, causes and allows fraud to occur.

Fraud is still a taboo subject for most businesses. We know it’s there, the statistics tell us that it represents more than 5% of revenues lost, and every organisation suffers, and yet it is very rarely, if ever discussed.

Sometimes the excuse for dismissing the fraud topic is related to perceived ‘materiality’ of potential losses. But be in no doubt, in today's world of heightened demands for transparency, fraud is a reputational and cultural risk for the organisation.

The webinar takes you beyond the headlines, looks past the standard internal controls, and grapples with why fraud is still able to be so prolific in a modern society with all the latest tools and technology to prevent such occurrences.