E-Learning Course Content:
This highly interactive and engaging e-learning course focuses on ‘The Failure to Prevent Fraud Offence’, a crucial aspect of corporate compliance under UK law. This offence addresses the responsibility of organisations to proactively prevent fraudulent activities within their operations, placing stringent obligations on businesses to maintain robust fraud-prevention measures.
The course aims to provide learners with a comprehensive understanding of the legal framework surrounding the Failure to Prevent Fraud Offence, highlighting key principles, organisational responsibilities, and the implications of non-compliance. Participants will gain practical knowledge on identifying fraud risks, implementing effective controls, and cultivating an organisational culture that prioritises transparency and integrity, thereby reducing the risk of fraud within their organisation.
The e-learning can be provided as SCORM files, or on a subscription basis, whether hosted on your own Learning Management System, or using our, feature-rich, easy-to-use learning platform.
Watch this video for a quick overview of the e-learning course:
The Failure to Prevent Fraud Offence
Protect Your Organisation. Prevent Fraud. Ensure Compliance.
Fraud has overtaken traditional crimes like theft and burglary to become the most commonly reported offence in the UK.
With millions of cases reported each year, fraud poses a serious risk to individuals, businesses, and the wider economy. In response, laws are changing to hold companies more accountable for preventing such crimes.
Introduced under the Economic Crime and Corporate Transparency Act 2023, the Failure to Prevent Fraud offence makes organisations liable if they fail to prevent fraud committed by employees or agents for the organisation’s benefit and do not have reasonable fraud prevention procedures in place.
This e-learning course provides an overview of the Failure to Prevent Fraud offence, including its scope, organisational requirements, and expected implementation timeline. It also looks at some practical steps learners can take to help prevent fraud and ensure compliance.
This e-learning course is aimed at all employees and gives an insight of expectations and key requirements of fraud prevention. Therefore, it is excellent training for:
- All employees
- Directors
- Managers
- Team leaders
- Supervisors
- Compliance officers
- Consultants
- It’s an online e-learning course
- Containing one interactive module
- Blending videos, text, graphics and images
- Regular on-going testing as you progress
- A full final assessment with CPD certification
To put it simply, this online course serves as an essential training tool for all employees that have a responsibility for fraud prevention, ensuring organisations adhere to the Failure to Prevent Fraud Offence legislation and maintain robust compliance measures. With this e-learning course:
- Explain the Failure to Prevent Fraud offence and employee responsibilities
- Identify the various types of fraud
- Establish the meaning behind ‘Intention of Benefiting’
- Implement reasonable fraud prevention measures
- Explain liability and the penalties involved
- Determine reporting channels
- Overview of the Offence – Introduction to the Economic Crime and Corporate Transparency Act 2023 (ECCTA) and its purpose in corporate accountability.
- Associated Persons – Defining who qualifies as an associated person, including employees, agents, subsidiaries, and third-party service providers.
- Understanding Fraud – Explanation of fraud, its forms, and examples of common fraudulent activities.
- Intention of Benefitting – Clarifying what constitutes an organisational benefit from fraud, including direct, indirect, immediate, or delayed benefits.
- Reasonable Fraud Prevention Procedures – Detailed guidance on the principles and components of effective fraud prevention measures required by law.
- Liability Scenarios – Examining specific cases and situations where organisations could be held liable under the offence.
- Penalties for Non-Compliance – Discussion on potential consequences, including unlimited fines and the criteria courts consider during sentencing.
- Compliance Actions – Practical steps and best practices organisations must implement to avoid liability.
- Individual Responsibilities – Highlighting actions employees can take to prevent fraud, including recognising fraud indicators and appropriate reporting methods.
- A chance to test your knowledge of the topic with scoring
- The e-learning course comes with free CPD certificates for the learners
- Practical courses – This course is designed to help your learners in the real business world, giving them practical skills that they can quickly and easily implement in the workplace.
- Interactive and engaging – Learning doesn’t have to be boring. This multi-media course is designed to keep your participants engaged throughout.
- Step-by-step learning – This course is broken down into easy to manage bite-size chunks. From start to finish we take your learners on an enjoyable learning journey.
- Fully accredited – The CPD Verification Service accredit all our courses, so you can be sure our training materials are of the highest standard.
Where clients are not using our LMS and wish to host it on their own LMS instead, we provide SCORM files that they can simply install directly. Although these files are added to the clients LMS as usual and the user will access and view the course exactly as they would if it was built on the clients system, we are still able to track user numbers our side and also provide regular updates to the content.
Our e-learning products are always provided ‘white-label’ with no Trainer Bubble logos or references to our company.
We also understand that you may like to make alterations to the content. Whether it’s minor edits, larger alterations, adding of logos, or swapping images to better reflect your corporate identity – we can provide this change for a small fee.
Please note: We regularly update our courses to reflect legal changes or just general improvements to content. All this happens without you having to lift a finger whether the course is on your LMS or ours.
Price
‘Buy once, use forever’ Price – £2,500+vat
Small number of users or several courses required? – Ask about subscription options
We have a variety of options for payment of this e-learning course. Please click on the Get a Quote button below, so that we can create a personal quote that suits your specific requirements.
If you are unsure of your e-learning requirements, you can also visit our sister website to find out more about our online learning services – Learner Bubble.
