Chennai :Session on Fraud Risk Management

IFCCI presents a session on ‘Improving governance and cost management through fraud risk management’ - Interaction on fraud landscape in India.

By: Mr.Nikhil Bedi, Partner and Head – Forensic, Financial Advisory, Deloitte  India, and Mr Arjun Rajagopalan Partner – Forensic, Financial Advisory, Deloitte India.

on Tuesday, 25th February 2020

VENUE: Hotel Raintree, St. Mary’s, Chennai

8:30 AM -10:45 AM

Improving governance and cost management through better fraud risk management

India’s business landscape has evolved significantly in the last five years with greater focus on governance and risk management.

 Specifically, fraud risk management has been an area of focus by regulators and the government, with a slew of legislations being passed in this area.

Globally organizations can lose upto 5% of their revenues to fraud every year. In a competitive market that can erode profits, if not result in losses.

 Effective fraud risk management can therefore be a game changer for organizations.

Indicative topics that are covered include the following:

1. Introduction to the fraud landscape in India, including top frauds experienced by organisations with foreign operations, fraud losses and areas of concern
2. Prevalent anti-fraud measures adopted by organisations
3. A view on what regulators are looking for from fraud risk management programs
4. Upcoming developments and their impact on fraud risk management, including technological interventions