Public Learning Programs

From one day to three days law and anti-corruption or directly related anti-corruption programs, LGC offers several programs designed to suit all levels of your management ability, whether you are a junior or member of the board of any organization.

The number of delegates is strictly limited to ensure that everyone receives individual attention. The LGC programs are approved CPEs by The AACI for the Certified Anti-Corruption Manager (CACM) to fulfill her / his CPE requirements.

On October 1, 2014, The AACI started to offer the post-workshop online test for each of its learning programs.

Effectively from January 1, 2015, The AACI does not accept a CPE obtained through any learning program offered by The AACI unless it is evidenced by the post-workshop online test PASS certificate.

Choose a Learning Program

Choose from the LGC partial list of the learning programs we offer in Jordan, Dubai, and the EU countries.

For more information, contact us.

The Anti-Corruption Certification Learning Programs

Exclusively designed for and delivered to the board of directors members, these certification programs represent The AACI’s premier content, design, delivery, and setting to support board members set the proper tone at the top. Attendance at these programs is “by invitation only.” Read more.

PRINCIPLES OF INTERNAL CONTROL: MANAGEMENT EMPHASIS©

Those charged with governance should have proper and adequate anti-corruption intelligence to prevent and deter corruption and avoid negligence or gross negligence in performing their duties.

The AACI defines anti-corruption intelligence as: " The minimum, optimum knowledge a decision maker should have to avoid fraud and corruption intelligently. Such knowledge includes the proper blend of due diligence, internal controls, anti-corruption, governance, decision making, process auditing ( from a management perspective and duties) to avoid anti-corruption and fraud. By avoidance, we emphasize the concept of deterrence and prevention.  Corruption prevention is less expensive and better than any cure."

Internal control is a pillar of anti-corruption intelligence. Regardless of one's background, a decision maker should master the concept of internal control.

This learning program is not technical oriented: it is designed to support executive management and board members decision-making processes.  Over four days of brainstorming sessions, there will be intensive discussions and case analysis of the concept of internal control and its components and principles. The AACI experts will discuss the management delusions of internal control and clarify what internal control cannot do.

By the end of the program, delegates will be able to participate effectively in addressing internal control systems. They will also be able to make well- informed management decisions concerning internal control systems and/or internal control-related choices. Delegates will also be able to avoid the hidden traps and overcome the “bounded awareness” phenomenon in decision-making and decision-making processes. This will enable them to competently and intelligently assess the impacts of daily routine decisions on internal control and those that prevent, deter, or even detect fraud and corruption.

Burke FILES, CACM, CDDP

President of The AACI

Mr. Files is a recognized international expert in due diligence, financial investigations / asset recovery, and valuation of IPCI - Intellectual Property and Critical Information.

His case assignments have covered over 50 countries and billions of dollars in assets.

He is an international financial investigator and a member of the Board of Advisors of the Association of Due Diligence. He has been quoted in articles, has authored articles, and has authored 4 books - the most recent is Due Diligence For The Financial Professional, 2nd Edition - winner of two book awards.

As a president of the American Anti-Corruption Institute (AACI), Mr. Files currently leads The AACI globally and takes the fight against fraud and corruption innovatively to the next frontier: management and those charged with governance.

Mike J. MASOUD, CPA, CACM, CFE, MBA

Senior Director, The Middle East and Africa

Mike J. Masoud is an internationally known expert in the anti-corruption field and leads The American Anti-Corruption Institute (AACI) business and initiatives in the Middle East and Africa.  He is a senior instructor and researcher for The AACI in the fields of internal control, governance, and corruption prevention methodologies.

Mr. Masoud is the co- founder and managing director of BZ Consulting International, an advisory and training firm specializing in internal control, anti-fraud and corruption, corruption risk management and fraud and corruption examination. He has more than 25 years of experience in the fields of the corruption investigation, auditing, and anti-corruption advisory and based in the firm’s headquarter in Tempe, AZ, USA.

He has extensive experience with an international auditing firm and has consulted worldwide, helping corporations investigate allegations of corruption, and served as a litigation consultant working with attorneys representing shareholders in complex court cases involving serious allegations of corporate fraud, improper financial reporting, and economic crimes.

Advising too many public, private, and non-profit organizations in the Middle East and Africa, Mr. Masoud brings financial expertise, a strong understanding of strategy and risk, and detailed regional and international insights into anti-corruption ethics and compliance.

He graduated from Pittsburg State University, KS-USA in December 2000 with distinction holding MBA and majoring in accounting. He passed the CPA exam in California in May 2001 with distinguished scores. Besides, he is a Certified Fraud Examiner (CFE) and Certified Anti-Corruption Manager (CACM). He is a member of the following American professional institutions:

1- American Institute of CPAs

2- Association of Certified Fraud Examiners (ACFE)

3- The American Anti-Corruption Institute (AACI)

Mr. Masoud serves as a member of the ACFE Advisory Council, a member of The AACI technical advisory committee, and a member of The AACI academic initiatives committee. Mr. Masoud served as an adjunct professor at several universities. He leads The AACI educational initiatives in the Middle East and Africa.

  Four Days, Dubai - UAE
  • 2nd, April 2018 to 5th, April 2018.
  • 24th, September 2018 to 27th, September 2018.
  • 19th November 2018 to 22nd, November 2018
  • 17th December 2018 to 20th,  December 20182

DAY 1

  • Introduction to Internal Control: What is Control?
  • Internal Control: Definition and Categories
  • Effects of Information Technology on Internal Control
  • Case Analysis: Tone Is Set at the Top

DAY 2

  • Internal Control Components: Control Environment
  • Principles of Control Environment: Integrity and Ethical Values
  • Principles of Control Environment: Board of Directors
  • Case Analysis: Internal Control and Strategic Management

DAY 3

  • Hidden Traps in the Decision Making
  • Hidden Traps in the Decision Making (Continued)
  • Decisions with Optimum Awareness
  • Conclusion
DAY 4
  • Meet the Experts
Copyright © 2018, The American Anti-Corruption Institute llc.
All Rights Reserved. No part of this publication may be reproduced, redistributed, transmitted or displayed in any form or by any means without written permission. For information regarding licensing and reprint permissions, please contact The American Anti-Corruption Institute (AACI), licensing and permissions for The AACI copyrighted materials. Direct all inquiries to copyright@THEAACI.com or to The American Anti-Corruption Institute (AACI), Attn: Manager, Rights and Permissions, 1204 East Baseline Road, Suite 106, Tempe, AZ 85283. Telephone inquiries may be directed to (603) 235-0956.
Senior and Executive Management, Board of Directors, Board of Directors Committees, Internal Auditors, Operations Management, Accounting Department, Credit Department, Finance Managers, Controllers. Regulators, Lawyers and Management Consultants.
  • Learning material (paper and professional soft copy)
  • Daily two coffee breaks and lunch
  • Certificate of Attendance issued by The American Anti-Corruption Institute (AACI) when a delegate attends at least 80% of the programs’ designated time
  • Waiver of the first year annual membership dues in The American Anti-Corruption Institute (AACI) – subject to approval of The AACI Certification Committee
  • Sitting for the post-program online test. Pass this test and print your “Certificate of Achievement
Fees: 4500 $
Delegates will be able to participate effectively in addressing internal control systems. They will also be able to make well- informed management decisions with respect to internal control systems and/or internal control-related decisions. Delegates will also be able to avoid the hidden traps and overcome the “bounded awareness” phenomenon in decision making and decision making processes. This will enable them to competently and intelligently assess the impacts of daily routine decisions on internal control and those that prevent, deter, or even detect fraud and corruption.
  1. Learn what control means. You will also have an overview of what internal control system means in the context of management and corruption prevention.
  2. Learn what the categories of internal control are. You will also learn the basic design of such controls and the way they are implemented effectively.
  3. Understand the information technology opportunities and challenges for controls and internal control systems
  4. Obtain a comprehensive understanding of the internal control components and how they interact and interrelate in practice.
  5. Learn what control environment means and obtain proper understanding of its role and importance in success or failure of any internal control system.
  6. Understand the meaning, nature, and importance of the principles of control environment. You will also appreciate the holistic critical importance of control environment and internal control.
  7. Learn the attributes of the integrity and ethical values principle and how management can effectively put it into practice.
  8. Understand the attributes of the board of directors principle and how the board can effectively put this principle into practice.
  9. Learn how internal control is integrated with corporate strategic planning and strategic management. You will also learn how internal control plays a significant role in deterring, preventing, and detecting fraud and corruption.
  10. Learn how management override controls and how vigilant leadership can minimize the likelihood of management override of controls.
  11. Understand the nature of the decision making hidden traps and their impact on effectiveness of the entire decision making process.
  12. Learn what the “bounded awareness” phenomenon is, its impact on internal control- related decision making, and how to overcome this phenomenon.
  13. Conduct brainstorming and critical thinking analysis of relevant anti-fraud and anti-corruption controls.
Register

 

 

DEVELOPING EFFECTIVE FRAUD PREVENTION POLICY©

The board of directors is responsible for establishing and overseeing the implementation of an adequate fraud and corruption prevention policy. Because most organizations in developing countries do not have formal corruption prevention policies, the average annual corruption costs in developing countries amount to 15% of gross revenues. The board cannot afford to expose shareholders value for irreparable damages due to fraud and corruption. The program discusses in structured brainstorming sessions nature, objectives, design, elements, and effective implementation of an effective fraud and corruption policy. It also integrates fraud and corruption risk assessment and internal control in the design process of the policy. By the end of the program, delegates will obtain a sufficient and proper understanding of the nature and types of fraud and corruption. They will appreciate the importance of internal control in fraud prevention, deterrence, and detection. Delegates will become familiar with how to design effective fraud and corruption policy. They will be able to assess and evaluate the effectiveness of fraud prevention policy. They will become equipped with the knowledge and skills needed to play an effective role in the design and implementation of fraud prevention policy.

Burke FILES, CACM, CDDP

President of The AACI

Mr. Files is a recognized international expert in due diligence, financial investigations / asset recovery, and valuation of IPCI - Intellectual Property and Critical Information.

His case assignments have covered over 50 countries and billions of dollars in assets.

He is an international financial investigator and a member of the Board of Advisors of the Association of Due Diligence. He has been quoted in articles, has authored articles, and has authored 4 books - the most recent is Due Diligence For The Financial Professional, 2nd Edition - winner of two book awards.

As a president of the American Anti-Corruption Institute (AACI), Mr. Files currently leads The AACI globally and takes the fight against fraud and corruption innovatively to the next frontier: management and those charged with governance.

Mike J. MASOUD, CPA, CACM, CFE, MBA

Senior Director, The Middle East and Africa

Mike J. Masoud is an internationally known expert in the anti-corruption field and leads The American Anti-Corruption Institute (AACI) business and initiatives in the Middle East and Africa.  He is a senior instructor and researcher for The AACI in the fields of internal control, governance, and corruption prevention methodologies.

Mr. Masoud is the co- founder and managing director of BZ Consulting International, an advisory and training firm specializing in internal control, anti-fraud and corruption, corruption risk management and fraud and corruption examination. He has more than 25 years of experience in the fields of the corruption investigation, auditing, and anti-corruption advisory and based in the firm’s headquarter in Tempe, AZ, USA.

He has extensive experience with an international auditing firm and has consulted worldwide, helping corporations investigate allegations of corruption, and served as a litigation consultant working with attorneys representing shareholders in complex court cases involving serious allegations of corporate fraud, improper financial reporting, and economic crimes.

Advising too many public, private, and non-profit organizations in the Middle East and Africa, Mr. Masoud brings financial expertise, a strong understanding of strategy and risk, and detailed regional and international insights into anti-corruption ethics and compliance.

He graduated from Pittsburg State University, KS-USA in December 2000 with distinction holding MBA and majoring in accounting. He passed the CPA exam in California in May 2001 with distinguished scores. Besides, he is a Certified Fraud Examiner (CFE) and Certified Anti-Corruption Manager (CACM). He is a member of the following American professional institutions:

1- American Institute of CPAs

2- Association of Certified Fraud Examiners (ACFE)

3- The American Anti-Corruption Institute (AACI)

Mr. Masoud serves as a member of the ACFE Advisory Council, a member of The AACI technical advisory committee, and a member of The AACI academic initiatives committee. Mr. Masoud served as an adjunct professor at several universities. He leads The AACI educational initiatives in the Middle East and Africa.

Three Days, Amman - Jordan
  • 12th, March 2018 to 14th, March 2018.
  • 25th, June 2018 to 27th, June 2018.
  • 23rd, July 2018 to 25th, July 2018.
  • 15th, October 2018 to 17th, October 2018.
  • 10th December 2018 to 12th, December 2018.

DAY 1

  • Introduction to Fraud Prevention and Detection: What is Fraud?
  • What Motivates Fraud?
  • Fraud Prevention
  • Internal Control and Fraud Prevention
  • Internal Control and Fraud Prevention (Continued)

DAY 2

  • Fraud Risk Assessment
  • Fraud Risk Assessment (Continued)
  • Policy Deign and Policy Effectiveness
  • Elements of Fraud Prevention Policy
  • Elements of Fraud Prevention Policy (Continued)

DAY 3

  • Design an Effective Fraud Prevention Policy
  • Design an Effective Fraud Prevention Policy (Continued)
  • Case Analysis: Flaws in a Fraud Prevention Policy
  • Case Analysts: Identify The Missing Elements of Fraud Prevention Policy
  • Conclusion
Copyright © 2018, The American Anti-Corruption Institute llc.
All Rights Reserved. No part of this publication may be reproduced, redistributed, transmitted or displayed in any form or by any means without written permission. For information regarding licensing and reprint permissions, please contact The American Anti-Corruption Institute (AACI), licensing and permissions for The AACI copyrighted materials. Direct all inquiries to copyright@THEAACI.com or to The American Anti-Corruption Institute (AACI), Attn: Manager, Rights and Permissions, 1204 East Baseline Road, Suite 106, Tempe, AZ 85283. Telephone inquiries may be directed to (603) 235-0956.
Senior and Executive Management, Board of Directors, Board of Directors Committees, Internal Auditors, External Auditors, Risk Management, Fraud Investigators, Credit Department, Finance Managers, and Controllers. Lawyers and Management Consultants
Learning material (paper and professional soft copy) Daily two coffee breaks and lunch Certificate of Attendance issued by The American Anti-Corruption Institute (AACI) when a delegate attends at least 80% of the programs’ designated time Waiver of the first year annual membership dues in The American Anti-Corruption Institute (AACI) – subject to approval of The AACI Certification Committee Sitting for the post-program online test. Pass this test and print your “Certificate of Achievement”   Fees: 1750 JD
Delegates will obtain sufficient and proper understanding of the nature and types of fraud and corruption. They will appreciate the importance of internal control in fraud prevention, deterrence and detection. Delegates will become familiar with how to design effective fraud and corruption policy. They will be able to assess and evaluate the effectiveness of fraud prevention policy. They will become equipped with the knowledge and skills needed to play an effective role in the design and implementation of fraud prevention policy.
  1. Learn what fraud is, its elements and its types.
  2. Learn who may commit fraud at your organization.
  3. Obtain a proper understanding and overview of what motivates an individual or even a competitor to defraud your entity.
  4. Learn more about the nature of costs, damages, and rewards that are attached with the spectrum of fraud prevention, deterrence, and detection. Learn how to address effectively and economically strategic fraud prevention and detection options that suite your business nature / industry and environment.
  5. Learn what internal control is and how it plays a significant role in deterring, preventing, and detecting fraud and corruption.
  6. Learn what fraud risks are and how to assess fraud risks in several business areas such as payroll, expenses, and conflict of interest.
  7. Obtain a proper understanding of the elements of an effective fraud prevention policy.
  8. Understand the role management and those charged with governance play in the development, implementation, and evaluation of the fraud prevention policy.
  9. Learn how to design effective fraud prevention policy. You will also be able to identify and assess the strengths and weaknesses of a fraud prevention policy.
  10. Conduct brain storming and critical thinking analysis of fraud prevention policy case studies.
Register

 

CORPORATE GOVERNANCE : MEASUREMENT OF EFFECTIVE IMPLEMENTATION

Mike J. MASOUD, CPA, CACM, CFE, MBA

Senior Director, The Middle East and Africa

Mike J. Masoud is an internationally known expert in the anti-corruption field and leads The American Anti-Corruption Institute (AACI) business and initiatives in the Middle East and Africa.  He is a senior instructor and researcher for The AACI in the fields of internal control, governance, and corruption prevention methodologies.

Mr. Masoud is the co- founder and managing director of BZ Consulting International, an advisory and training firm specializing in internal control, anti-fraud and corruption, corruption risk management and fraud and corruption examination. He has more than 25 years of experience in the fields of the corruption investigation, auditing, and anti-corruption advisory and based in the firm’s headquarter in Tempe, AZ, USA.

He has extensive experience with an international auditing firm and has consulted worldwide, helping corporations investigate allegations of corruption, and served as a litigation consultant working with attorneys representing shareholders in complex court cases involving serious allegations of corporate fraud, improper financial reporting, and economic crimes.

Advising too many public, private, and non-profit organizations in the Middle East and Africa, Mr. Masoud brings financial expertise, a strong understanding of strategy and risk, and detailed regional and international insights into anti-corruption ethics and compliance.

He graduated from Pittsburg State University, KS-USA in December 2000 with distinction holding MBA and majoring in accounting. He passed the CPA exam in California in May 2001 with distinguished scores. Besides, he is a Certified Fraud Examiner (CFE) and Certified Anti-Corruption Manager (CACM). He is a member of the following American professional institutions:

1- American Institute of CPAs

2- Association of Certified Fraud Examiners (ACFE)

3- The American Anti-Corruption Institute (AACI)

Mr. Masoud serves as a member of the ACFE Advisory Council, a member of The AACI technical advisory committee, and a member of The AACI academic initiatives committee. Mr. Masoud served as an adjunct professor at several universities. He leads The AACI educational initiatives in the Middle East and Africa.

....

Mike J. MASOUD, CPA, CACM, CFE, MBA

Senior Director, The Middle East and Africa

Mike J. Masoud is an internationally known expert in the anti-corruption field and leads The American Anti-Corruption Institute (AACI) business and initiatives in the Middle East and Africa.  He is a senior instructor and researcher for The AACI in the fields of internal control, governance, and corruption prevention methodologies.

Mr. Masoud is the co- founder and managing director of BZ Consulting International, an advisory and training firm specializing in internal control, anti-fraud and corruption, corruption risk management and fraud and corruption examination. He has more than 25 years of experience in the fields of the corruption investigation, auditing, and anti-corruption advisory and based in the firm’s headquarter in Tempe, AZ, USA.

He has extensive experience with an international auditing firm and has consulted worldwide, helping corporations investigate allegations of corruption, and served as a litigation consultant working with attorneys representing shareholders in complex court cases involving serious allegations of corporate fraud, improper financial reporting, and economic crimes.

Advising too many public, private, and non-profit organizations in the Middle East and Africa, Mr. Masoud brings financial expertise, a strong understanding of strategy and risk, and detailed regional and international insights into anti-corruption ethics and compliance.

He graduated from Pittsburg State University, KS-USA in December 2000 with distinction holding MBA and majoring in accounting. He passed the CPA exam in California in May 2001 with distinguished scores. Besides, he is a Certified Fraud Examiner (CFE) and Certified Anti-Corruption Manager (CACM). He is a member of the following American professional institutions:

1- American Institute of CPAs

2- Association of Certified Fraud Examiners (ACFE)

3- The American Anti-Corruption Institute (AACI)

Mr. Masoud serves as a member of the ACFE Advisory Council, a member of The AACI technical advisory committee, and a member of The AACI academic initiatives committee. Mr. Masoud served as an adjunct professor at several universities. He leads The AACI educational initiatives in the Middle East and Africa.



Dr. Omar F. Daoud
CACM. Co-founder and General Manager of LGC

Dr. Omar F. Daoud is the founder and general manager of the Law and Governance Center (LGC). He carries the designated Certified Anti-Corruption Manager (CACM) (USA), and holds a Ph.D. from the Law School of the University of Leicester, United Kingdom. Dr. Daoud’s Ph.D. thesis was on the role and effectiveness of the non-executive directors in the U.K. and his Ph.D. thesis analyzed the board of directors’ dynamics, board subcommittees, directors’ duties, regulatory compliance and the boundaries between compliance and the effective implementation of corporate governance.Majored in corporate governance, he is a corporate governance expert with extensive experience locally and internationally.In addition to his corporate governance work, Dr. Daoud is a commercial lawyer, admitted to the Jordanian Bar Association with vast experience in project finance and corporate law. He has worked for elite Jordanian law firms, premier financial institutions and renowned real estate managers and developers that gave him first-hand experience in practicing the legal aspects of corporate governance and regulatory compliance.

  • Dr. Daoud is a senior advisor fellow of The American Anti-Corruption Institute (ACCI) in the Middle East and a legal expert. Capitalizing on his Middle Eastern legal practice, he cooperates with the AACI in developing learning programs relevant to the legislative analysis and the implementation of the rule of law to prevent fraud and corruption.
  • Dr. Daoud is currently engaged with other scholars in conducting several empirical research papers based on the first-hand information on the jurisdiction and the MENA region. His research falls in the following fields; corporate governance, law and theory, and white-collar crime.
  • Dr. Daoud provides several bona fide services for the local community.
Three days, Amman - Jordan
  • 7th July 2018 to 9th July 2018.
  • 30th September 2018 to 2nd, October 2018.
  • 9th, December 2018 to 11th, December 2018.

  • DAY 1
    • Introduction to Corporate Governance: What is Corporate Governance?
    • Corporate Governance Vs. Management
    • Corporate Governance Objectives and Principles
    • Board of Directors and Corporate Governance
    DAY 2
    • Effective Implementation of Corporate Governance Code or Regulator Instructions
    • Compliance Audit of Corporate Governance Regulator Instructions
    • Internal Control: Prerequisite for Effective Corporate Governance
    DAY 3
    • Corruption Prevention and Corporate governance
    • Case Analysis: Do We Have Effective Corporate Governance?
    • Case Analysis: Effective Compliance with Corporate Governance Regulator Instructions
    • Conclusion
    Copyright © 2018, The American Anti-Corruption Institute llc.
    All Rights Reserved. No part of this publication may be reproduced, redistributed, transmitted or displayed in any form or by any means without written permission. For information regarding licensing and reprint permissions, please contact The American Anti-Corruption Institute (AACI), licensing and permissions for The AACI copyrighted materials. Direct all inquiries to copyright@THEAACI.com or to The American Anti-Corruption Institute (AACI), Attn: Manager, Rights and Permissions, 1204 East Baseline Road, Suite 106, Tempe, AZ 85283. Telephone inquiries may be directed to (603) 235-0956.
Senior and Executive Management, Board of Directors, Board of Directors Committees, Internal Auditors, External Auditors, Risk Management, Compliance Officers, Fraud Investigators, Credit Department, Finance Managers, Controllers. Regulators, Lawyers and Management Consultants
Learning material (paper and professional soft copy) The AACI expert’s fee Daily two coffee breaks and lunch Certificate of Attendance issued by The American Anti-Corruption Institute (AACI) when a delegate attends at least 80% of the programs’ Waiver of the first year annual membership dues in The American Anti-Corruption Institute (AACI) – subject to approval of The AACI Certification Committee Sitting for the post-program online test. Pass this test and print your “Certificate of Fees: 1750 JD
You will become equipped with the knowledge and skills needed to play an effective role in implementing effective corporate governance code or complying with corporate governance regulator instructions such as those of a central bank.

You will also become significantly aware of the role of corporate governance in preventing corruption and play an effective role in the boardroom or executive suite. Finally, you will be able to have an informed business decision when internal control, corporate governance, and corruption prevention are considered.
  1. Learn what corporate governance is.
  2. Obtain a proper understanding of the distinctive differences between corporate governance and management.
  3. Learn what the objectives and principles of corporate governance are.
  4. Learn the critical role of the board of directors in designing and implementing corporate governance. You will also learn the duties and responsibilities of the board towards the organization stakeholders.
  5. Learn the different kinds of liabilities a member of a board of directors is subject to. You will also learn the proper design of the board committees to have an effective design of corporate governance.
  6. Learn the proper mechanisms a board can follow to implement a corporate governance regulator code; for example, the corporate governance instructions of a central bank.
  7. Learn the primary differences between the effective and ineffective implementation of corporate governance code; for example, the corporate governance instructions of a central bank.
  8. Obtain an overview of how to carry out a risk-based compliance audit of corporate governance design and implementation. You will also learn how to assess and evaluate the effectiveness of such a compliance audit.
  9. Learn what internal control is and find out what its objectives are. You will also learn what internal control components are and how they interact with each other
  10. Learn how internal control forms a basis and a prerequisite for any corporate governance. You will obtain a proper understanding of the overlapping areas of internal control and corporate governance.
  11. Learn how effective corporate governance can play a critical role in preventing corruption.
  12. Learn and appreciate the importance of having a corruption prevention policy on the effectiveness of corporate governance.
  13. Conduct brainstorming and critical thinking analysis of an implementation of corporate governance regulator instructions in bank case studies.
Register

 

Foreign Account Tax Compliance Act: Updates and Effective Implementation (FATCA) ©

Mr. Files is a recognized international expert in FATCA, due diligence, financial investigations / asset recovery, and valuation of IPCI - Intellectual Property and Critical Information.

His case assignments have covered over 50 countries and billions of dollars in assets. He is an international financial investigator and a member of the Board of Advisors of the Association of Due Diligence. He has been quoted in articles, has authored articles, and has authored 4 books - the most recent is Due Diligence For The Financial Professional, 2nd Edition - winner of two book awards.

As a president of the American Anti-Corruption Institute (AACI), Mr. Files currently leads The AACI globally and takes the fight against fraud and corruption innovatively to the next frontier: management and those charged with governance.
Three Days, Amman-Jordan
2nd, September 2018 to 4th, September 2018

DAY 1
  • In the Beginning?
  • A New Language?
  • Overview of FATCA and US Legislation?
  • How is FATCA Designed to Work?
  • IGA - International Government Agreements?
DAY 2
  • Conducting a FATCA Impact Assessment
  • US Indicia
  • Key Provisions of FATCA Regulations
  • General FATCA Requirements
  • Requirements
DAY 3
  • State Due Diligence and KYC
  • Recalcitrant Accounts
  • FATCA Withholding
  • How FATCA is Designed to Work
  • FATCA Reporting
  • FATCA Implementation For Your Business
  • Case Analysis
  • TIA Agreements 1 versus 2
Seniors and staff of the: Internal Audit Dept., Risk Management Dept., Compliance Dept., AMP Dept., Credit Dept., Finance Dept., Operations Dept., and Legal Dept. In addition, the following are also among the target delegates: Controllers. Lawyers and Management Consultants. Senior and Executive Management, Board of Directors, Board of Directors Committees, External Auditors, and Fraud Investigators
  • Training material ( paper and soft copy)
  • The AACI experts’ fee
  • Daily two coffee breaks and lunch
  • Certificate of Attendance issued by The American Anti-Corruption Institute (AACI) when a delegate attends at least 80% of the program’s designated time
  • Waiver of the first year annual membership dues in The American Anti-Corruption Institute (AACI) – subject to approval of The AACI Certification Committee
  • Post-workshop online exam fee
Each delegate will be leaving ready to begin the task of effective assessment of their firms in preparing for FATCA, registering with the IRS and becoming FATCA complaint.
  1. Understand exactly where and why FATCA came about.
  2. Begin to understand who and what FACTA applied to. It is much more then just banks. FATCA include any organization that has control over another parties’ funds.
  3. Understand the concept of US Indicia for both ownership and control.
  4. Learn the initial steps to registration.
  5. Will you select registered and reporting or registered and non-reporting?
  6. What if parties your business contain both reporting and non-reporting activities
  7. How do you deal with those you, as a registered FATCA compliant organization, deal with recalcitrant persons and companies?
  8. Reporting thresholds for US owners and US controllers.
  9. Thresholds for Reporting.
  10. The forms, what they mean and how to sue them:

  11. IRS Form 1099,
    IRS Form 8938,
    IRS Form W-9,
    IRS Form W-8 BEN,
    IRS Form W-8 IMY,
    IRS Form 8966
    And
    US Treasury FBAR
    – Foreign Bank Account Report
    – FINCEN 114
    IRS From 5471
    IRS Form 926

  12. Registering with the IRS for your GIIN Number.
  13. Global Intermediary Identification Number. It takes time and planning.
  14. Implementation
  15. A budget for Time, Talent and Treasury for preparation, access to information, registration, implementation but also for ongoing compliance
  16. What will you require?
  17. Implementation failures
  18. Learn how other got it wrong.
  19. Now that you are a member of the GIIN Club
  20. What are your new duties and responsibilities?
  21. So far none of the following countries have an IGA:
  22. Jordan, Kuwait, Yemen, Oman, Palestine, Lebanon, Syria, Iraq, Egypt, Sudan, Tunis, Afghanistan, Iran and Libya.
  23. These nations have signed or agreed to a Model 1GA: Saudi Arabia, Qatar and United Arab Emirates
  24. What happens if you get it wrong and cause a material breach?
  25. Exercises
    • Subject to FATCA or not?
    • Complaint, non reporting or Complaint reporting
    • Check List of what you need to Register
    • Check Lists of What you
    • “Custodian” clients might need
Register