Avoiding Fraud in Treasury Operations

Governments must incorporate prevention measures against both internal and external fraudulent activity. In the treasury office, this is especially of importance since public funds are at risk. Utilizing appropriate solutions to identify, mitigate and recover from fraud events are essential skills for treasury and finance professionals. This course will assist finance officers with developing, reviewing, and updating their policies and procedures related to fraud prevention.

Key components of the training will include:

• Understanding potential types of internal and external fraud activity in the treasury office
• Developing policies and procedures to guard against fraud
• Implementing processes to monitor internal and external treasury functions to avoid fraudulent activity
• Special topic on electronic fraud vulnerabilities
• Knowing what steps should be taken if fraud is identified
• Reviewing fraud cases studies from local governments

• Identify key principles and strategies for preventing both internal and external fraudulent activities within governmental treasury offices.
• Study policies and procedures aimed at safeguarding public funds against fraudulent activities.
• Identify solutions and techniques to identify, mitigate, and recover from fraud events within treasury and finance operations.
• Evaluate the effectiveness of fraud prevention measures and adjust policies and procedures accordingly to enhance resilience against evolving fraudulent tactics.

This course is taught by finance officers and other industry experts.