Course Overview
“Fraud is no longer just an audit issue — it is a governance responsibility.”
Fraud continues to erode organisational value silently – often remaining undetected for years due to weak oversight structures, ineffective escalation mechanisms and governance blind spots.
Today, regulators increasingly expect Boards, Company Secretaries and Governance Leaders to demonstrate structured fraud risk oversight — particularly under Section 17A MACC Act, MCCG, and Bursa Malaysia governance expectations. Where relevant focus on global fraud related framework will be discussed.
This intensive 1-day governance masterclass equips participants with practical tools to strengthen board-level fraud oversight capability and support directors in discharging their governance responsibilities confidently and defensibly.
Awarded by: HRDA
Duration: 1 Days
Location: BAC Flagship Campus
Study mode: Virtual Interactive Online Class
Intakes: In Progress
Course Fees:
RM700 MAICSA Member/Affiliate/Graduate/Student
RM850 Guest
*including 8% service tax MAICSA: 8 CPD Hours
Programme Objectives
By the end of this programme, participants will be able to:
- Understand fraud as a governance risk, not just an operational issue
- Interpret board accountability under Section 17A MACC Act
- Recognise governance-level fraud red flags early
- Evaluate fraud risk reporting presented to boards
- Strengthen whistleblowing oversight frameworks
- Support boards during fraud escalation situations
- Improve governance defensibility documentation
Programme Format
- 🖥 Live Online Interactive Session
- 📊 Governance Case Discussions
- 🧭 Practical Oversight Frameworks
- 📘 Board-Ready Templates & Tools
Who should attend?
- Company Secretaries
- Risk Managers
- Board Members
- Compliance Officers
- Senior Finance Leaders
- Governance Professionals
- Audit Committee Members
- Internal Audit Leaders supporting Boards
Course Modules
- Module 1: Fraud as a Governance Risk
Why fraud oversight now sits at board level:
- Why fraud remains undetected for years
- Governance blind spots in otherwise strong organisations
- Lessons from Malaysian corporate failures
- The evolving expectations of regulators and stakeholders
- Module 2: Section 17A MACC Act — Practical Board Implications
Understanding corporate liability exposure:
- What regulators expect from “adequate procedures”
- Role of board oversight versus management responsibility
- Governance documentation expectations
- Demonstrating defensible compliance structures
Exercise: Section 17A Governance Readiness Checklist
- Module 3: Role of the Company Secretary in Fraud Governance
Strategic governance positioning:
- Supporting board fraud oversight agendas
- Structuring fraud reporting to Audit Committees
- Monitoring whistleblowing independence
- Strengthening governance defensibility frameworks
- Module 4: Bursa Malaysia & MCCG Expectations
Aligning governance structures with regulatory expectations:
- Fraud risk disclosures
- Risk governance integration
- Internal control reporting responsibilities
- Audit Committee oversight expectations
- Module 5: Board-Level Fraud Risk Mapping Workshop
Participants will:
- Identify major governance exposure areas
- Map fraud likelihood and impact
- Prioritise oversight attention areas
- Recognise escalation thresholds
Outcome: Board-Level Fraud Risk Heat Map
- Module 6: Detection Awareness for Governance Leaders
Recognising early warning indicators:
- Behavioural warning signals
- Exception reporting patterns
- Management override indicators
- Whistleblowing trend interpretation
- Module 7: Governance Response When Fraud is Suspected
What boards should — and should not — do:
- Protecting investigation independence
- Regulator engagement readiness
- Escalation protocols
- Documentation responsibilities
- Communication strategy considerations
TRAINER
Mathuraiveran (Madhu) Marimuthu
Chartered Accountant | Governance, Risk & Internal Control Specialist
About the Trainer
Past President of the Institute of Internal Auditors Malaysia with over 35 years of experience in governance, risk management, internal control and fraud oversight. Former Audit Committee Chairman and Board member of public listed companies, and a pioneer in introducing the Certified Internal Auditor (CIA) programme to Malaysia.
Widely recognised for delivering practical, Malaysian - context governance training that participants can immediately apply in their organisations.
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