Understanding fraud and employment laws

The chamber recently hosted two seminars dealing with issues affecting businesses and business owners.

Gregg Anderson, a facilitator for the Professional Development & Training Centre, recently conducted a ‘Fraud Detection and Prevention’ seminar at the Chamber of Commerce.

Senior employees from Bodden Holdings, Mike’s Ice and Refrigeration, Butterfield Bank and The Security Centre Ltd. were updated on methods of identifying and developing strategies to protect their institutions from being affected by current fraud trends.

Red flags and symptoms, tools and techniques for fraud audits and practical approaches and best practices to successfully detect, prosecute and prevent fraud were some of the topics covered in this intensive one-day course.

Mr. Anderson holds a Master’s in Business Administration with 32 years experience in management consulting, financial and quantitative analysis, restructuring, and operational risk management.

Twenty one Chamber members also attended the ‘Understanding Employment Related Laws’ course run by the Professional Development & Training Centre.

During the one-day course, instructor Lois Kellyman guided participants through the most important employment related legislation including the Labour Law, National Pensions Law, Health Insurance Law and Workmen’s Compensation.

The course was designed to assist human resource employees, small business owners and other employees with the basics to effectively manage the legal aspects of Employment relations and avoid potential pitfalls.

Due to popular demand, this course will run again on Friday, 30th October and interested persons may register by visiting www.caymanchamber.ky.

The Chamber’s Professional Development and Training Centre has been providing members and their employees and the wider community with training programmes and seminars since 1995. Ms. Kellyman is part of a team of professional and qualified international and local facilitators who lead half and full day seminars and customised in-house courses.