Course Overview
This intensive two-day programme equips participants with practical knowledge, analytical skills, and proven strategies to identify, investigate, and prevent fraudulent activities within organizations. Through a blend of case studies, interactive discussions, and hands-on exercises, participants will gain a deep understanding of fraud risk indicators, detection methodologies, and prevention frameworks. The course emphasizes both proactive and reactive approaches, enabling professionals to strengthen internal controls, safeguard organizational assets, and foster a culture of integrity.
Awarded by: BAC & HRDA
Duration: 2 Days
Location: BAC Flagship PJ Campus
Study mode: Face-to-Face
Intakes: In Progress
Course Fees: RM2,999
Learning Outcomes
By the end of this programme, participants will be able to:
- Understand the nature of fraud
- Define fraud and its impact on organizations and stakeholders
- Recognize common fraud schemes and typologies across industries
- Identify red flags and risk indicators
- Detect behavioural and transactional warning signs of fraudulent activity
- Apply data analytics and forensic techniques to uncover irregularities
- Strengthen fraud prevention measures
- Design and implement effective internal controls
- Establish policies, procedures, and ethical frameworks to minimize fraud risk
- Investigate and respond to fraud incidents
- Apply structured approaches to fraud investigation
- Leverage technology and analytics
- Utilize digital tools, continuous monitoring, and AI-driven solutions for fraud detection
- Understand emerging trends in cyber fraud and digital financial crimes
- Develop a fraud-resistant culture that emphasizes transparency and ethical conduct
Methodology
- Face-to-face learning, Interactive lectures & tutorials, Case studies, activities and assessments
- Case Studies: International & Malaysian
- Enron, Toshiba, Wells Fargo, Wirecard
- Malaysian procurement fraud, payroll fraud, AI scam
Who should attend?
- Auditors Finance Managers and Accountants
- Internal Auditors and Risk Professionals
- Compliance, Governance & Integrity Officers
- Senior Managers and Business Unit Heads
- Individuals/Professionals aspiring to specialise in fraud, risk, and governance
No prior fraud-specialist background is required – only a strong interest in protecting organisational value
Course Modules
- Module 1: Basic Fraud Concepts
- Definitions (fraud, corruption, abuse, misconduct)
- Fraud Triangle & Fraud Diamond
- How fraud manifests in organisations
- Module 2: Statutes Related to Fraud in Malaysia
- MACC Act 2009
- Penal Code (CBT, cheating, forgery)
- AMLA
- Companies Act 2016
- Whistleblower Protection Act 2010
- Module 3: Standards Related to Fraud
- IIA Standards 1210.A2, 1220.A1, 2120.A2
- COSO Fraud Risk Management Framework
- ISO 37001 Anti-Bribery
- Module 4: Fraud Risk Management Framework
- Governance
- Fraud Risk Assessment
- Prevention
- Detection
- Monitoring & Reporting
- Module 5: Common Sources of Fraud
- Procurement, inventory, payroll, finance
- IT & cyber fraud
- AI-enabled fraud schemes
- Module 6: Detection Techniques
- Data analytics
- Red flag analysis
- Exception reporting
- Continuous monitoring
- Module 7: Prevention Techniques
- Internal controls
- Segregation of duties
- Whistleblowing systems
- Tone at the top
- Module 8: Investigation Techniques
- Evidence preservation
- Interviewing
- Documentation
- Reporting
TRAINER
MR. Mathuraiveran (Madhu) Marimuthu
CA(M), CIA, MBA, CFIIA, BBA (Acc.)
About the Trainer
Madhu Marimuthu's contribution towards the internal audit profession commenced in 1990. He was the Governor of the Institute of Internal Auditors Malaysia and became the Honorary Secretary the following year. He became the Vice President for the term 1996/1997 and moved up to be the President of the Institute for the 1997/98 term.
His efforts in bringing the Certified Internal Auditor (CIA) programme to Malaysia materialised when the programme was first offered in November 1994. He was instrumental in the development of the CIA programme in Malaysia. He is a sought-after resource person for the CIA certification where he lectured for IIA Malaysia as well as for Sunway University’s, Sunway TES which offers the CIA Review Classes. CIA is a post graduate programme in Internal Auditing. He was also a lecturer in Bachelor of Accounting (internal Auditing) at University Malaya. To date, that are about 1000 CIAs in the country.
Madhu also worked together with three other lecturers from Australian universities in carrying out research on “A Profile of internal Audit in Malaysia” in 1994. He was also a member of the Committee that produced the Profile of Internal Audit together with The Malaysian Institute of Corporate Governance (MICG).
In May 2001, he was appointed as the Project Director for the Task Force on Internal Audit Function which formulated the Guidelines on Internal Audit Function. He has trained more than 1000 internal auditors in various training modules conducted through the Institute of Internal Auditors Malaysia.
Madhu has served in various capacities as an internal auditor for the past 25 years in Group environment in Public Listed Companies. His last attachment prior to starting his own was that of a General Manager of a Public Listed Company in charge of Internal Audit, Risk Management and Quality Management System. He was a Board of Director and Audit Committee Chairman of a Main Board Public Listed Education Group in KL.
Madhu trains in the areas of Governance, Risk Management, and Internal Audit. His clients include TNB, Telekom Malaysia, UEM Group of Companies, Westport, Berjaya Group etc.
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