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ICFE Consultancy Group Pte Ltd

International Cybercrime & Forensics Examiners
2-Day Training on
Understanding Procurement Fraud:
Investigation & Resolution
10 & 11 March 2010, Hotel Rendezvous, Singapore
Complete the registration form at Purchasing fraud is on the rise. Companies today do not
the back of this brochure and return just face risks from internal fraud but also from external
criminals who are technologically savvy. The important role
it to us by fax @ (65) 6222 9865
on combating fraud plays in minimising financial losses is
• Purchasing Managers fast gaining ground. ICFE experts is providing you with
• Procurement Managers
Who Should Attend

practical advice on how to “look for red flags” and

• Buyers, Merchandisers
• Fraud Investigators symptoms of fraud. Discover why some numbers do not
• Legal & Compliance Managers add up. Mitigate this fraud risk management by learning
• CFOs & VPs Finance
• Financial Controllers & Accountants the latest strategies that can be adapted to your company.
• CEOs & MDs
• Company Directors This event will also cover investigation and prevention,
• Risk Management & Regulatory Managers most importantly how to structure your business processes
• Internal Auditors & Audit Managers
• Internal Control Officers to minimise the risks whilst maintaining operational
• HR & Training Managers efficiency.
• IT & Contract Managers
• all who involved in Corporate
Transparency & Governance
Recognising the challenges that organisations are facing
Led By: in combating Purchasing Fraud, ICFE Consultancy Group
Tommy Seah Stanley Chia Pte Ltd is pleased to present this 2-days Training on
(Principal Trainer) (Trainer-In-Attendance) Understanding & Preventing Procurement Fraud. This will
serve as an excellent opportunity to learn how best to
conduct an internal investigation to protect your
organization and step up on controls to deter fraud.

Comments from Past Delegates

Have a greater pespective and idea of what fraud is all about. It does not
only involve corruption. ~ DSTA
The unique techniques to prevent procurement fraud. ~ A*STAR
Register by 31 Jan 10 for an Having good and effective internal controls and procurement fraud
Become an Associate Member of CSI WORLD HEADQUARTERS
Approved CPD Provider (worth USD200) for FREE! See brochure for more details.

AIA Members stand to receive 14 units of CSI Members enjoy 16 units of CPE Credits
CPD hours by attending this seminar CSI World Headquarters
Training Professionals Globally

Tel : (65) 6222 9860 | | |

Course Schedule Fax: (65) 6222 9865

Introduction to Purchasing Fraud Recap on Day 1

• What is Procurement fraud? Corruption and Cultural Considerations
• Internal Controls limitation • Gifts and entertainment practices
• The Role of Internal Auditor, Risk Management • Understanding the global environment
and Compliance in addressing Procurement Fraud • Pressures toward transparency
• Special situations in select industries
Day 1

Day 2
• Blanket purchases
Understanding and Shaping Your Environment
• Understanding your policies, codes and practices Suggestions for assessing and improving your
• The Trinity of Controls environment
• The Paradigm Shift • Ethics and Integrity
• The need for Fraud Risk Management • Can ethics be taught ?
• Ethical Decision Making Model
Anatomy of a Kickback Case • The Triangle of Temptations
• Collusion between employees and third parties
represents a growing number of all corporate A Classroom participative Case Study
Recap Morning Session
Investigating - Responding to Suspected
The Fraud Compass : Wrongdoing
• In what order would you perform the suggested • Introduction to Investigations
investigative tasks? • What a complete investigation should include
• What would each of you recommend to be done • Proving wrongdoing in purchasing
to investigate the rumours of the COO receiving • An investigative checklist
kickbacks from vendors?
Contracting & the Prevention of Purchasing Fraud
Recap Morning Session • Contracting tasks and controls
Anatomy of a Kickback Case - Contd…. • Some 'Red Flags" on Procurement Fraud
• Where do I find the help in investigating • Working with management to deter purchasing fraud
Procurement Fraud? • Suggestions for the future
• What can be done to put more puzzle pieces on A Discussion on Procurement Fraud Cases
the board?
• What are the appropriate financial records to Case Studies, Q & A Session
Creative Accounting and Purchasing Fraud
• The Systemic Approach to fraud detection 2 Tea Breaks and 1 Lunch Break
• Purchasing fraud exposures will be provided for both days
• Symptoms and “red flags” of purchasing fraud
Interested in other courses?
General Discussion & Question Session
Download our EVENT CALENDER at

Course Benefits
• Benefit from discussion and “real life” case studies.
• Gain insights from leading fraud investigators with many years of
professional experience.
• Stay current with new and exciting developments in the fraud detection and
prevention techniques shared
Suspect a fraud?
• Increase your effectiveness within all aspects of dealing with procurement Consult a
fraud in your Organization Certified Fraud Examiner
at (65) 6222 9860 or email
• Leverage on networking, sharing of views and ideas.
• Learn how other organizations are dealing with problems of financial fraud.
Important Notice
“ Due to the interactive nature of the learning session, the sequence and contents of the program maybe vary according to the needs of the
participants. The speaker reserves the right and the privilege to conduct the program in the manner which he thinks to be in the best interest
of the majority of the participants. Please ensure that you understand this completely so as to prevent any form of unrealistic expectation
and or disappointment in a public enrolment program that was not tailored to your specific need. Please inform the organizer in advance if
you are not agreeable or do not completely understand the above term and we will review your enrolment accordingly. ”
Call today for a COMPLIMENTARY CONSULTATION! No Obligations.
Tel : (65) 6222 9860 | |
Trainer Profile Fax: (65) 6222 9865

Tommy Seah
• The only Regent Emeritus of the Association of Certified Fraud Examiners
(ACFE) within the Asia Pacific
• Chairperson Emeritus of CSI World Headquarters
• World Class Financial Management Expert
• Double Firsts in Financial Management and Accountancy (U.K.)
• Chartered Banker, International Accountant, FCPA (USA), CSOXP
• Member of Advisory Board to SOX Institute (N.Y.)
• Member of Singapore Institute of Directors

Tommy is someone you would like to meet in person. He is a Certified Fraud Examiner and a Regent Emeritus, Association of
Certified Fraud Examiners based in Texas, USA. CFE is a post graduate professional qualification recognised by the USA Central
Intelligence Agency in its recruitment of auditors combating fraud.
His services in providing technical training and consultancy in AML and Basel II systems implementation is much sought after by
numerous banks in the region, including Germany, Singapore, Malaysia, China, Indonesia, Brunei, Thailand, Philippines and
Taiwan. Tommy’s previous experience includes systems-based auditing in an American International Bank, where he was the
Senior Regional Auditor Responsible for the Bank’s audit in the Asia Pacific region. He has also held the top executive position of
Chief of Internal Audit in prime offshore bank where his audit duties cover the Singapore and Hong Kong operations of the bank.
His brief covers all areas of the bank’s audit of operations and IT systems. Prior to this, he was Head of Operations of a foreign

In addition to being a Fellow Member of two internationally recognised and leading UK Accountancy body, Tommy holds
professional graduate diplomas from two Banking Institutes including the prestigious Chartered Institute of Bankers (UK).

Besides being a qualified fellow member of two U.K professional accounting bodies, he is also a member of EDP Auditors
Association now known as the Information Systems Audit and Control Association (ISACA) and Institute of Internal Auditors (USA).
In this region, Tommy Seah is the only Singaporean who holds the membership grade of Senior Associate of Malaysian Institute
of Bankers.

Tommy Seah has authored seven banking books including the F.I.G Program. The F.I.G is the authoritative and definitive text on
Financial Instruments designed to be used in the world wide banking industry. This publication has received excellent review and
first class commendation from some of the most authoritative professional certification bodies and top-rated banks in the world.
The other six authoritative texts are The Audit Foreign Exchange in Banks, The Control of Money Market Activities in Banks,
Understanding and Auditing Operational Risk management, Financial Management for Banks, MCA for Banks and SWAPS in
Investment Banking. His latest attempt is in the area of e-fraud and Digital Forensics for banks.

For the past twenty eight years, Tommy has trained numerous bank auditors and consulted by numerous lawyers in the region.
Financial Instruments, Foreign Exchange, Money Market Options, Derivatives and Swaps are his special interests. He devotes a
substantial portion of his time in research work and is presently available on retainer to selected established banks for loss
prevention consultancy. Today, he is still very much a hands-on accountant, auditor, investigator and SOX 404 Compliance

You will want to meet him and know him not just for his technical knowledge and professional achievements. In almost every
instances, it is his unselfish willingness to share his insights on practical issues and his ability to make complicated things seem
simple that the audience find inspiring and refreshing for a change.

Consultant-In-Attendance Stanley Chia

• Certified Fraud Examiner (CFE) with the Association of Certified Fraud Examiners
• Certified Member (CAMS) with Association of Certified Anti-Money Laundering
Specialists (ACAMS)
• Certified System Investigator (CSI) with the CSI World Headquarters
• Member of GRC Group New York
• Member of International Compliance Association (ICA)
He also holds a Master of Commerce, specializing in Business Law from The University of New South
Wales. He obtained his Bachelor of Economics, majoring in Money & Banking and Accounting in 2001
from The University of Western Australia.
Stanley is the Managing Director of ICFE Consultancy Group Pte Ltd, a think-tank company that provides multi-consultancy
solutions to companies world-wide. He specializes in investigative interviewing & profiling techniques and has handled numerous
cases for both local and foreign financial institutions. He is also well versed in financial products knowledge, fraud examination
techniques and compliance methodologies. Stanley has worked for large financial institutions like AIA Insurance, Singapore
Exchange and United Overseas Bank where he was involved in anti-money laundering, compliance, enforcement and fraud
investigation work. To date, he has investigated more than 100 fraud and compliance-related cases and some of them involved
over US$1M.
Understanding Procurement Fraud :
Investigation & Resolution
10 & 11 March 2010, Hotel Rendezvous, Singapore
How to Register
Tel : (65) 6222 9860 Fax : (65) 6222 9865
Email : Web :
Post To: ICFE Consultancy Group Pte Ltd
6 Eu Tong Sen Street, #05-13, The Central, Singapore 059817

Participant Details Contact Person

Name: Dr / Mr / Mrs / Ms ___________________________________ Name: ___________________________

Company Name: ________________________________________ Company Designation: _____________

Company Designation: ___________________________________ Email: ___________________________

Company Address: _______________________________________ Tel No.: ___________________________

Participant’s Email: _______________________________________ Fax No.: __________________________

Contact Person: _________________________________________

Tel No.: ____________________ Fax No.: ____________________

Course Fee
............................................................................................................... SGD 1100* (2-Day) - Private
SGD 900* (2-Day) - Public
I have read and understood the booking terms & conditions.

Category Discount
Signature________________ Date_____________________
Early Bird** 5%
Corporate 15%
(3 or more pax)
Preferred Mode of Payment
By Cheque (Please cross cheque made payable to ICFE ACSI (Associate) 10%
Consultancy Group Pte Ltd and mail your payment
together with this registration form to the Company CSI (Certified) 15%
address stated in the “How to Register” box above. ** Register by 31 January 2010
Telegraphic Transfer (Singapore & Other Delegates) for an EARLY BIRD DISCOUNT!
DBS Bank
Account No.: 100-901448-2 (DBS Current Account)
Call us at +65 6222 9860
Account Name: ICFE Consultancy Group Pte Ltd to get more information!
Swift Code: DBSSSGSG * Does not include accomodation
Become an Associate Member of CSI WORLD HEADQUARTERS (worth USD200) for FREE upon
registration! Contact Joanne Su at +65 6222 9863 or email to for more
Important Notice details about the membership.
IMPORTANT NOTICE: Payments are required with registration and must be received prior to the Coaching Session to guarantee your place. Walk-in delegates
will only be admitted on the basis of space availability at the Coaching Session and with immediate full payment.
CANCELLATIONS & TRANSFERS: If you are unable to attend, a substitute delegate is welcome at no extra charge. Please provide the name and the title of the
substitute delegate at least 2 days prior to the program. A refund less 10% administrative charge will be made for cancellation received in writing 10 working days
before the program date. A complete set of program documentation and a 50% refund will be given for cancellation made 3 working days before the program date.
Regrettably, no refund can be made for cancellation made on and/or after the program. A complete set of documentation will however be posted to you.
The organizer reserves the right to make any amendments and/or changes to the program, venue, speaker replacements and/or topics if warranted by
circumstances beyond its control.
DISCLAIMER: Due to the interactive nature of the learning session, the sequence and contents of the program may be vary according to the needs of the
participants. The speaker reserves the right and the privilege to conduct the program in the manner which he thinks to be in the best interest of the majority of the
participants. Please ensure that you understand this completely so as to prevent any form of unrealistic expectation and or disappointment in a public enrolment
program that was not tailored to your specific need. Please inform the organizer in advance if you are not agreeable or do not completely understand the above
term and we will cancel your enrolment accordingly.

Tel : (65) 6222 9860 | Fax: (65) 6222 9865 | |