Managing Fraud Risk

Committee meeting
Banking & Finance, Tax and Legal
 
Date and Time: 
30 Nov 2017
08:30 to 10:00
Thursday, 30 November, 2017 - 08:30 to 10:00
Address: 
French Chamber Meeting Room, 541 Orchard Road, #09-01 Liat Towers
Registration Dates: 
25 Oct 2017
to
29 Nov 2017

Please note that this event is fully booked.

In today’s business landscape, companies are constantly facing the delicate task of balancing risks, costs and opportunities. As businesses are increasingly integrated in global and regional economies, where threats and risks of fraud especially in procurement area are greater, companies should continue to be vigilant. Procurement fraud can occur at any stage of the procurement life cycle. In Singapore, procurement fraud occurred most often at the beginning of the procurement process i.e. during bidding and vendor selection process.

 

Dmitry Kosarev, Director of Forensic Services, PwC Singapore and Daniel Fu, Director of Forensic Services, PwC Singapore will discuss typical type of fraud and procurement fraud encountered in Singapore and across the region, and challenges that companies may face to manage the fraud risk from Singapore based regional headquarters. 

 

They will also share with you different types of procurement fraud schemes (e.g. split purchase, false invoices, bribery and corruption) through real life cases. Through this session, you will be briefed with the common red flags of procurement fraud. Last but not least, they will share with you some prevention and detection tools in managing the fraud risk in procurement life cycle.

 

Don’t miss this sharing session! 

About the Speakers:

  • Dmitry Kosarev, Director of Forensic Services, PwC Singapore

Dmitry has more than 25 years of professional experience at PwC, including almost 20 years in France. He was involved in numerous corporate investigations in Europe, Africa, Asia and Latin America focusing on fraudulent scheme analysis, collection of evidence for use in criminal and civil proceedings, and preparation of expert reports submitted to authorities. He has conducted fraud and anti-bribery compliance training programs focused on prevention and detection.

 

Dmitry also has extensive experience in damages quantification in disputes related to breach of contract, business interruption, construction claims, insurance claims, product liability, joint venture profit sharing and dissolution, post-deal completion price adjustment, financial fraud and others. He also acted as an expert witness.

 

  • Daniel Fu, Director of Forensic Services, PwC Singapore

Daniel has over 12 years of professional experience in anti-bribery and corruption due-diligence reviews and investigations, forensic accounting investigations and internal control reviews. Prior to joining PwC, Daniel was the Country Financial Controller in Vietnam with a renowned hospitality group.

 

Daniel has been involved in various dispute analysis work and shareholder dispute assignments.  He is experienced in forensic work including whistle blower investigation, FCPA investigation and compliance due diligence.

 

Daniel has also been evaluating internal controls and providing recommendations for improving the effectiveness of risk management, control and governance process, performing business process review, in particular in the areas of Sarbanes Oxley.

 

Terms & Conditions

  • Full payment is required upon registration. 
  • Should you need to cancel, please do so no later than two working days before the date of the event.
  • No shows will not be refunded.
  • Please note that photographs and videos may be taken during the event for news and publicity purposes.
 
Registration are now closed.