Services >> Forensic Accounting  | Loss Prevention  | Fraud Investigation  | Training  | Consultancy




 Integrity.   Intelligence.   Independence.







professional coaching - loss prevention


The Audit & Control of



Sign Up NOW!


Enjoy immediate savings:

2nd participant* pays 75%,

subsequent participant* pays 50% only.


Register on-line:

*terms & conditions apply.


Closing Date: 4 December 2008


Monetary Authority of Singapore, Deloitte Touche Tohmatsu, Auditor General Office, Attorney General Office, ... more


"My expectations of the seminar were exceeded."

Monetary Authority of Singapore ... more


Check out on our other programs.


Auditing the Auditors


Advanced MLD Techniques


Dormant Accounts Control & Audit


Fraud Detection and Investigation for Internal Auditors


International Mergers and Acquisition


Money Laundering Deterrence & Control Program


The Hospital Audit


The Original Financial Management for Non-Financial Managers


What is wrong with DCA in Banks?


What is wrong with EVA?



Audit Skills & Techniques


Capital Market & Derivatives


Foreign Exchange & Treasury Management


Loss Prevention


Risk/Credit Management





DECEMBER 23, 2008


Dormant Accounts in banks is most vulnerable to internal abuses and fraud by bank employees.  This has been proven time and again to be true.  The latest reported case in Singapore was perpetrated by local bank auditors!  An officer of Commercial Affairs Department's Financial Investigation Division was quoted as saying "What was unique was that the masterminds were from the audit and inspection team - the people who are entrusted with ferreting out anything suspicious.  And yet, they are the ones who masterminded this".  So, what could not have happened had happened.  The argument here is if the internal auditors could perpetrate such an abuse of the system so can everyone else.  This would include IT personnel, Relationship Managers and of course Remittance staff.


It is for this very reason that we design this program for all who have any interest in protecting the bank's dormant account from abuses by anyone in or outside the bank.


This is Your Opportunity to...

  • Know "What is a Dormant Account?"

  • When should the Dormant Flag be activated?

  • The procedures needed to remove a Dormant Flag?

  • Who should be monitoring the Dormant Account?

  • How to audit Dormant Accounts in the bank?

  • Performing a system review for Dormant Accounts Procedures.

  • Partner with management to create an environment hostile to fraudulent practices in movements in Dormant Account.

  • Build fraud detection into routine Dormant Account activity.

  • Understand the danger in opening "Internal Account"

  • Understand practical approaches to preventing dishonest and fraudulent activity in Dormant Account.

Calling All...

  • Operational Personnel who have an interest in protecting the bank's system in handling Dormant Accounts.

  • Auditors who want to increase investigative effectiveness in Dormant Account.

  • Professionals who want to help management fight fraudulent activities in Dormant Account Handling.

  • Business Heads who wants to satisfy client's need in Dormant Accounts Handling.


  • What is a Dormant Account?

  • The criteria that should be used in classifying Dormant Account Status.

  • When should the Dormant Flag be removed?

  • Whose job is it to monitor Dormant Account transactions?

  • Define bank initiated and Client Initiated transactions

  • Detecting Fraud in Dormant Account

  • Fraud Challenges in the Banking Industry Dormant Account

  • Exploring and reviewing Dormant Account Procedures

  • Does the Compliance Officer have a role to play with regard to Dormant Account transactions?


This coaching by a Certified Fraud Examiner consists of a lively series of short participative lectures conveyed using plain uncomplicated explanations.  Learning will be facilitated through discussion and case studies.  Ample coaching materials will be given to participants so that these will be a constant source of reference to them.  Ample time will be allotted for the transfer of ideas.


Who Should Attend

Customer Account Opening Staff, Operations Staff, Risk Managers,

Compliance Officers, Operations Managers, Treasury Managers, Training Managers, Relationship Managers, HR Managers, Internal Control Officers, All Bank Internal Auditors.


Principal Coach

TOMMY SEAH, CFE MIIA CMC ACIB etc.  Click here for Tommy Seah's Profile and business.


Register by email

Register on-line today.  Our email address is:

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 Coaching Session. A refund less 10% administrative charge will be made 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 program date. Regrettably, no refund can be made for cancellation made on and or after program. A complete set of documentation will however be sent to you.

The organizer reserves the right to make any amendments and/or changes to the programme, venue, speaker replacements and/or topics if warranted by circumstances beyond its control.  

| Home |  |About Us |  | Services |  | Contact Us |

Copyright 2004 CFE-In-Practice

All rights reserved. [Disclaimer]