The Key Steps to Conducting an Effective Investigation
First 15-20 minutes is for networking Sandwiches & beverages included
Hosted by the Intellectual Propert y Committee
Internal investigations often present a number of difficult challenges to management. In addition to being disruptive, time-consuming and costly, an internal investigation can have far-reaching ramifications for an organization if not handled extremely carefully. The first few steps of any investigation - be it into suspected fraud, corruption, a conflict of interest, or in response to regulatory inquiries - are crucial. How a management team plans and executes the early stages will significantly impact how successful – or unsuccessful – they will be in meeting their objectives. If done well an investigation into internal wrongdoing can result in a number of positive outcomes, including the recovery of losses and the identification of the procedural weak points that allowed the fraud to happen in the first place.
This presentation will explore how best to respond to initial indications of fraudulent activity. It will then cover putting together an effective action plan that increases the chances of the investigation's success, whilst minimizing the associated risks to the company. For example, some of the key considerations in planning an internal investigation are:
Understanding and making the best use of the available resources (human / technical and internal / external) Sequencing the key activities Securing key information, both electronic and documentary Maintaining confidentiality for as long as possible When and how to interview witnesses and suspects
Finally the presentation go through real-life case studies and outline the practical lessons learned from these.
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong