Natural Resources: Managing fraud for competitive advantage
Businesses in the natural resources sector face particular challenges and can be especially vulnerable to fraud. Companies that measure their fraud cost, and manage it downwards, have a competitive advantage over companies that don’t. Effective counter fraud is proven to provide returns of 200 to 1, capable of reducing fraud cost by up to 40% in 24 months. The scale of the savings possible can be the difference between generating a profit or a loss.
This seminar will cover:
- macro-economic trends affecting the natural resources sector and implications for the future
- how and why in-country operations often fail to reflect policies and procedures designed at head office, and implications for managing fraud costs
- examples of how fraud has been managed for competitive advantage.
Jim Gee, Head of Forensic and Counter Fraud at Crowe Clark Whitehill
Jim has over 25 years experience helping organisations to reduce their fraud costs, including numerous projects with the natural resources sector.
Colin Hodgson, Risk and Procurement Manager at ATS
Colin has a track record of protecting natural resources companies from fraud and theft. His experience includes working in a senior security position for Barrick Gold Corporation, the world’s largest gold miner.
Christopher Nicholson, Managing Director (Head of Research), ACF Equity Research Ltd
Christopher leads the production of ACF’s equity research, providing independent and thought provoking analysis to corporate clients from large-cap through to micro-cap listed entities, and from established private businesses to business start-ups.
There is no cost to attend this event.
For further information, please contact Stephanie Hart.
St Brides House
10 Salisbury Square
London EC4Y 8EH