Singapore- One Day Program
CSI CPE credits: 8
Background: Of late, the continuing influence and impact which personal and professional ethics exerts upon individuals and organizations, and the factors which influence organizational ethics, has been thrust into the headlines of the populous. The ethical issues faced daily by organizations and their employees are neither always straightforward nor easy to resolve. Results of unethical behavior by bank employees, and the impact of ethics upon organizations, is a topic of growing concern in corporate board rooms around the world. This one day training will examine the timely and important topic of ethics and its relevance and importance to overall corporate wellbeing. In particular, what factors influence the likelihood that an individual will act ethically or less than ethical, and what this means to management, the organization, and internal controls in general. It also examines the question, if the compliance officers are doing all that they are suppose to do, in the manner that they are suppose to do it, why does fraud still occurs?
Audience: This training is intended for anyone charged with designing or implementing processes aimed at creating organizational change and who needs to understand the impact that ethical business practices have on organizational behavior, culture, and business practices, individuals responsible for assessing their organization's values, ethic programs, training, policies and procedures or have an impact on their organization's expectations or standards for ethical employee behavior. Professionals who may also be interested in this seminar include; Compliance Officers, Risk Managers, internal and external auditors, General Counsels, Chief Information Officers, Chief Security Officers, Controllers, Chief Privacy Officers, Corporate Ethic Officers, Human Relations professionals charged with developing and implementing corporate ethic programs, and any individual who wishes to learn how to assess ethical practices (or shortcomings) within workplace environments.
Prerequisites: Other than a willingness to learn, there is no prerequisite for this seminar.
Objectives: After completing this training, participants will be able to:
• Understand the interrelated nature of organizational functions and components as they relate to establishing an ethically compliant organization. That means the role of Compliance, Risk Management and Internal Audit in Financial Institutions in preventing fraud and unethical behavior.
• Identify the role of organizational values in driving strategic goals and objectives
• Discover the role that personal values play in driving individual employee choices and decisions
• Pinpoint the underlying causes of patterns of unethical and/or undesired employee behavior
• Staff discipline and how to reduce the incidence of employee conflict between the intended change and their personal ethical standards and expectations
What is Ethics and Integrity?
• What really is Ethics
• What is Integrity in the work place
• Business Ethics: Some Key Issues
What is Fraud?
• Who commits fraud
• Why do people commit fraud
• The Many Forms of Occupational fraud
• A Framework for understand fraud and unethical behaviour
Ethical model for Decision Making (Practical and Participative Case Study)
• Why do people behave unethically
• The Temptation Triangle
• Questioning Professional Responsibility & Ethical Conduct
• Establishing Ethics Policies
The Trilogy of Controls
• Internal Controls or Eternal Controls?
Can Ethics Be Taught?
• Ethics in Practice
What is Fraud Risk Management (FRM)?
• How can you know whether the auditors are Auditing or “Auditioning”?
• How can you know whether the Compliance officer is Faking it or Making it ?
• How can you tell whether risk management is Risk or is Management?
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