Certificate in Fraud Risk Management

Counter Fraud Centre logo

Event summary

This qualification delivers the in-depth knowledge, understanding and skills required to manage an effective risk management framework.

Booking will close two weeks before the start date, to make sure delegates have time to complete the pre-course reading and reflective statement.


04 Sep 2018 09:30
06 Sep 2018 16:30


TBA London

Standard price

£995.00 excl VAT

Network Member Price

£895.50 excl VAT

Book now

About this event

The colossal scale of fraud means that preventing fraud before it occurs is more important than ever.

The CIPFA Certificate in Fraud Risk Management (CFRM) delivers the in-depth skills and knowledge needed to create an effective risk management framework. It builds on the skills of experienced counter fraud specialists, audit professionals and risk and compliance managers.

The programme is wide ranging and aims to provide delegates with the knowledge to understand the principles of corporate governance and risk management as they relate to fraud risk, control and prevention.

The CFRM is a professional accredited qualification created by experts in fraud risk management from the CIPFA Counter Fraud Centre.

What will I learn?

On completion of the course, you will be able to:

  • understand the fraud risks which public bodies and other organisations face
  • identify the principles and framework of good corporate governance and understand where the management of fraud risks sits within this
  • analyse, score and mitigate against inherent and residual fraud risks
  • understand the concepts of control and assurance
  • devise and implement a fraud response plan
  • understand the full risk management life-cycle
  • plan and conduct an entity-wide fraud risk assessment. 

Who should attend?

  • Experienced counter fraud and investigation specialists
  • Audit and finance managers
  • Risk and compliance professionals

Course structure

The course takes 15 days, or 105 learning hours, to complete:

  • four days (28 hours) of pre-course, self-directed learning
  • three days (21 hours) of classroom learning
  • eight days (56 hours) to complete course research project.


You will be required to complete:

  • pre-course reading
  • one 1,500 word reflective statement
  • three days of classroom learning
  • one multiple-choice and short answer knowledge assessment
  • one 3,000 word course project.

CPD points

This course carries 105 CPD points.

CIPFA membership

On successful completion of the programme, you will be awarded one year’s free CIPFA Affiliate membership, giving you access to a wealth of resources and use of the ‘CIPFA Affil’ designation.

To find out more, visit: www.cipfa.org/benefits

Discount for subscribers

If your organisation subscribes to the CIPFA Counter Fraud Centre please email E: cipfabookings@cipfa.org to receive a 10% discount.


  • Counter fraud
  • / Risk management