The Chamber of Auditors and Accountants of Ukraine (CAAU) acted as an information partner of the 10th anniversary forum “Corruption and corporate fraud: methods of counteraction and compliance strategy”. Anti-fraud event of such a large scale, level of content and composition of participants was held in Ukraine for the first time.
It is already the 10th forum that brings together representatives of different companies both in scale of business and in the field of economic security, internal control and audit, compliance, prevention of corruption and fraud, risk management and financial management.
A wide range of problems faced by virtually all firms almost every day was discussed at the event.
The forum program consisted of three parallel streams, each of which included conferences, seminars and master classes. The practitioners from Ukraine, France, Israel and Austria spoke there. This year, more than 30 invited speakers took part in the event who shared their own anti-fraud experience and about 300 delegates who sought answers to important questions about how to identify and prevent internal and external threats to business in practice.
The forum began with a panel discussion on anti-corruption in Ukraine and its further perspectives. In particular, the speakers focused on changing the landscape-risk in Ukraine and the world and the most threatened risks.
The first session of the forum divided the event participants into two streams and was devoted to the strategic partnership of control services and the practice of investigations and anti-corruption in Ukraine.
The second session divided the forum into three streams: reviewing the practice of investigations and anti-fraud, on internal control and economic security, and on anti-corruption compliance tools and technologies. Representatives of large companies were able to share their experiences in building a process for preventing corporate fraud and methods of reducing human risk, and delegates to leverage their companies with effective methods to counteract the most common threats.
The third session of the forum was devoted to practical cases of how to protect business from threats in the digital age, to build effective internal control and system of economic security, as well as effective tools and technologies for anti-corruption compliances.
The panel discussion on the development of the control function in 2019 concluded the event. The discussion summed up the forum, set out the emphasis and set necessary vectors for companies seeking to protect themselves from potential internal and external threats, and build an effective strategic partnership of control services, personnel and top management in one line of defense.