Financial Fraud Prevention, Detection of Fraudulent Documents, and Reporting

To address how to prevent and detect fraud incidents to protect their establishments from both internal and external fraudulent activities.

In light of the rapid developments taking place worldwide in various fields, especially in financial services, finance, and technological advancements, many financial fraud crimes have occurred in a qualitatively and quantitatively sophisticated manner. These have posed a threat to the ability of financial institutions to compete, which relies on the trust of customers in the capabilities, knowledge, and skills of the human element managing the establishment. Therefore, it has become imperative for organizations to enhance the skills and develop their employees in this regard.

Training and equipping employees in the field of financial fraud prevention have become one of the most important and effective means, given the alarming increase in the number and amounts of crimes targeting the banking and finance sectors and those working within them. The cost of these crimes has become significant, and organizations are diligently working to reduce them to enhance their competitive abilities, protect their local and international reputations, and safeguard the country's economy.