How to Set-up a Fraud Department?

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How to Set-up a Fraud Department?
Over the recent years, Fraud has
increased and is still increasing.
Learn how protect your company
from the adverse effects of fraud.
Topics covered:
• Why separate Audit from Fraud?
• Fraud Charter
• Fraud Policy Essentials
• Fraud Unit Organizational Structure
• Job Descriptions
• Classification of fraud cases
• Compensation
• Reporting to a Supervisory / Audit Committee
• Essentials of Whistle Blowing System Design
• Interface with Local Authorities
• Interface with External Authorities
• Investigation Cycle
• Investigation Reports
• Fraud Awareness Program
• Special Training
• Preparing a Fraud Policy
 Lessons Learnt Case Studies
Virtually, every entity suffers from
fraud, though hardly noticed. Fraud is a
growing concern in spite of attempts to
control it.
Join Abdulqader Obaid Ali in a
day of instructor-led workshop, which will
show how a Fraud Prevention function may
be separately set up (from the internal audit
function). He will also provide guidance on
the essentials of setting up or organizing
one, including the preparation of a Fraud
Charter and Fraud Policy.
Discover what you can do to better
protect your company and its assets from
the occurrence of fraud.
Earn 6 CPE credits
Who should attend
• Audit Managers
• Chief Legal Officers
• Fraud Investigators
• Heads of Fraud units
• Chief Audit Executives or their Equivalent
For more information, contact us at:
+971 4 433 9180
+971 4 433 9186
[email protected]
[email protected]
Abdulqader Obaid Ali is the Chief of Internal Audit for Dubai World, the holding
company that manages anumber of world-class Companies such as DP World,
Economic Zones World (EZW), Dry Docks World, Istithmar, etc. In this role, he reports
directly to the Audit Committee of Dubai World on audit and fraud-related issues
covering the DW Group .He has 25+ years of cumulative work experience in the fields
of IT, Quality, HR, Audit and Fraud. Prior to joining Dubai World, he worked at Dubai Aluminum Company.
From the initial set-up of the department in 2006 and until 2010, he has worked on more than 250
corporate fraud investigations ranging from bribery, abuse of positions to embezzlements. He has played a
key role in the separation of Fraud Division from Internal Audit and the eventual setting up of the former,
which is one of the first in the region. This formation was based on studies conducted on the diversity and
risk assessments within the Group. This department grew and established relations with local and
international authorities. He has turned it from a cost centre to a profit centre through millions in recoveries
and savings from investigations.
He is currently the President of the Institute of Internal Auditors -UAE Chapter, which is affiliated to the
Institute of Internal Auditors (IIA), USA. He is also the Founder and Chairman of Ideas Arabia a sub-group
of Dubai Quality Group dedicated to innovation and Suggestion Reward Schemes.
His commitment to Quality had merited his role as Chairman of Dubai Quality Group (the tenure for
which he completed) . He remains a lifetime member of the Board and a Jury Member for the Dubai Quality
He holds a Bachelor of Science in Electronic Engineering Technology from the Arizona State University,
U.S.A. and a Master of Science in Technology Management from Stirling University, Scotland, U.K. He
successfully completed the International General Management Program for Executive Development
conducted by the International Institute of Management Development (IMD), Switzerland. He is also a
Certified Fraud Examiner and member of the Association of Certified Fraud Examiners (US).
Seminar Fees
Non Member
Al Bustan Rotana
Dubai, UAE
May 17, 2012
% Discount
Rate in US $
For more available courses,
please contact the UAE IAA
Please see attached registration form and table of discounts.