Proactively identify compliance gaps and operational vulnerabilities by learning how to trace, analyze, and resolve system breakdowns before they impact your organization.
Internal controls form the foundation of every stable and compliant organization, defining the safeguards, oversight protocols, and operational parameters necessary to protect corporate assets. Yet many catastrophic fraud events, multi-million-dollar financial losses, and severe compliance breakdowns can be traced back to a misunderstanding of control interdependencies, poorly managed risk signals, or failures to properly map and evaluate individual control failures as connected chains rather than isolated anomalies.
In this practical session, Dr. Alessio Faccia provides a high-level overview of control failure mapping, explaining how systemic breakdowns occur across business units, the core architecture required to build a structured control map, common fraud pathways within purchasing and payroll cycles, and the measurable key indicators used to quantify governance gaps and residual risk exposure. Through practical examples and real-world case insights, participants will gain a clearer understanding of how corporate control networks operate in practice and how proactive failure mapping can help disrupt fraud pathways, strengthen internal oversight, and improve overall governance outcomes.
Key Topics Discussed:
Assistant Professor in Finance | University of Birmingham Dubai
Dr. Alessio Faccia, an accomplished academic and corporate trainer, has a distinguished finance, accounting, and business background. His expertise spans over 16 years, during which he has notably contributed to finance and accounting through his roles as an assistant professor, auditor, chartered accountant, CFO advisor, and corporate trainer. Dr. Faccia’sacademic journey includes prestigious roles at several universities, including the University of Birmingham and Coventry University, where he taught various finance and accounting modules. His extensive involvement in corporate training further enriches Dr. Faccia’s professional experience. He has provided training in diverse areas such as finance and accounting, management and HR, technology, oil and gas, and legal matters to many organizations. These organization encompass various sectors, including government bodies, financial institutions, energy companies, and real estate firms.. These organizations encompass various sectors, including government bodies, financial institutions, energy companies, and real estate firms. His proficiency is further demonstrated by his numerous publications, research contributions, and a strong academic record, underscoring his commitment to advancing knowledge in his field. Dr. Faccia’s work is a testament to his dedication to enhancing the skills and knowledge of professionals across various industries globally.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
