EY, ACFE launch the flagship “Forensic Trailblazer Award”
- Opens call for nominations
- Premier award to honour forensic talent in India
- Evaluation by independent and eminent panel of judges
India, Mumbai, 20 July, 2016: India has seen a rapid rise in cases related to fraud, bribery and corruption in recent times, sparking the need to have specialists to secure and shield businesses. With an intent to applaud this diverse brigade of anti-fraud professionals, EY Fraud Investigation & Dispute Services and Association of Certified Fraud Examiners (ACFE) Western Region Chapter has launched the flagship ‘Forensic Trailblazer Award’. This unique platform aims to honour the best forensic talent in India.
Arpinder Singh, Partner and National Leader, Fraud Investigation & Dispute Services, EY said, “Global corporations and Governments are under immense scrutiny to identify, tackle and mitigate growing risks which could impact performance, revenue, business continuity and reputation. This has led to a surge in professionals from diverse backgrounds, foraying into the forensic ecosystem. The Forensic Trailblazer Award is intended to recognize individuals with extraordinary capabilities and enhance awareness about this niche field.”
“The impact of fraud and corruption has affected corporate India, and is no longer overlooked as an ‘inevitable business evil’. With forensic professionals being key enablers to transform the risk environment and drive ethical change, it is important to commend their capabilities through a platform that will gain universal recognition.” adds Uday Shankar Dutt, former Director General Police and former Joint Director, Central Bureau of Investigation
Forensic professionals possess an eclectic mix of skill sets and range from roles across audit, risk, compliance, legal, security, finance, technology, human resources, accounts, vigilance, ethics, law enforcement as well as core forensic investigations. The ‘Forensic Trailblazer Award’ will look to reward an individual with the most promising mind and at the same time, encourage more talented professionals across the corporate and Government sector to join this burgeoning sphere.
EY’s Global Fraud Survey, “Corporate misconduct – individual consequences” highlighted that 58% of Indian respondents believe bribery and corruption happens widely in the country. Furthermore, one third of respondents stated they do not flag fraud or corruption related incidents to due loyalty to the company. This highlights the magnitude and severity of current environment and scope to address existing challenges.
Highlights of the Forensic Trailblazer Award
- The registrations are open from 20 July and nominations accepted till 2 September, 2016
- Participation is open for private, public and Government sector employees across functions such as risk, compliance, legal, audit, security, operations, finance, accounts, HR, technology, vigilance, ethics, law enforcement, forensic and investigation professionals. This includes law firms as well.
- The initiative will be held across three cities – Mumbai, Bangalore and Delhi, and open for participants across India
- An independent judging panel with industry stalwarts from investigation and enforcement background will evaluate participants, based on a written assessment
- The winner will be felicitated at a gala award ceremony in Mumbai in October 2016
For details, visit ey.com/IN/FTA or www.acfemumbai.in
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About EY’s Fraud Investigation & Dispute Services (FIDS) practice
Dealing with complex issues of fraud, regulatory compliance and business disputes can detract from efforts to succeed. Better management of fraud risk and compliance exposure is a critical business priority — no matter the industry sector. With over 4,500 fraud investigation and dispute professionals around the world, we assemble the right multidisciplinary and culturally aligned team to work with you and your legal advisors. And we work to give you the benefit of our broad sector experience, our deep subject matter knowledge and the latest insights from our work worldwide.
The Association of Certified Fraud Examiners (ACFE) is the world's largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 70,000 members, the ACFE is reducing business fraud world-wide and inspiring public confidence in the integrity and objectivity within the profession. The ACFE Mumbai Chapter #160 was formed in 2011 and is a not-for-profit organization dedicated to fraud prevention education through meetings, seminars, workshops and professional networking opportunities for our members. Usually referred as ACFE Mumbai Chapter, it is registered as “Western Region Chapter of the Association of Certified Fraud Examiners (ACFE), India”