Risk Management and Ethical Lapses : A Deeper Look at the cases of Luckin Coffee , Hyflux and Toshiba
August 17, 2024
Risk Management and Ethical Lapses : A Deeper Look at the cases of Luckin Coffee , Hyflux and Toshiba

What do a Chinese coffee chain, a Japanese conglomerate and a Singaporean water giant have in common?

All three looked unstoppable—until shocking financial scandals brought them crashing down.

Billions were lost, reputations destroyed, and investors left asking: ‘Why didn’t anyone see it coming?’

This timely and practical workshop takes you inside the boardrooms and balance sheets of Luckin Coffee, Toshiba, and Hyflux to uncover the red flags, governance failures, and risk blind spots that turned success stories into cautionary tales.

If you want to sharpen your ability to spot warning signs, challenge assumptions, and protect value, this workshop is for you. Because the next scandal may not be in the headlines yet—it could be closer to home.

  • Setting the Stage – Why Scandals Matter
  • Anatomy of a Scandal – Luckin Coffee
  • Toshiba – Culture, Pressure & Misreporting
  • Hyflux – When Ambition Meets Reality
  • Cross-Case Synthesis – Red Flags & Lessons
  • Building Resilient Governance & Risk Practices
  • Ethical Dilemma and Consideration

Key Learning Objectives:

  • Analyze the anatomy of financial scandals
  • Identify early red flags and warning signals
  • Understand the human and organizational factors
  • Evaluate the consequences of misconduct and ethical lapses
  • Apply lessons learned to strengthen governance
  • Develop a proactive mindset toward risk and ethics

This workshop qualifies for 2.0 CPE hours in Ethics and Professionalism (Category 2) and 5.0 CPE hours in Other Relevant Expertise

As part of our commitment towards minimizing carbon footprint and contributing to a healthier planet, we will only be issuing the soft copy of the training materials.

The training materials will be emailed to you 2 days before the workshop. Charging points are available in the training room to charge your digital device.

 

Finance professionals, internal auditors, risk managers, compliance officers, business leaders, and managers who want to strengthen their knowledge of Enterprise Risk Management (ERM) and avoid ethical lapses. It is particularly beneficial for those responsible for overseeing financial reporting and corporate governance.

Participants should have basic understanding of financial principles and corporate governance. Prior experience in risk management or internal auditing is beneficial but not required.

Expert Speaker

Kingston Low

CA, CIA, CISA, CRMA, CBCP, and FFP

Kingston Low is a highly accomplished and seasoned professional with over 20 years of experience in corporate governance, risk management, and internal audit. He has a proven track record of advising boards and businesses on enhancing productivity, effectiveness, and risk mitigation strategies. He has successfully led business redesigns and implemented best practices that resulted in significant efficiencies and cost savings.

As a distinguished trainer and thought leader, Kingston shares his expertise at conferences and conducts specialized training for various professional institutes. He is passionate about mentoring the next generation of internal audit, risk management and Business Continuity professionals, ensuring they are equipped with the knowledge and skills to excel in an ever-changing business landscape.

Next
The Accountant’s Role in Cyber Resilience: A Deeper Look at the Actionable Strategies & Ethical Considerations
thumbnail
Consolidation Accounting in Practice : Case Applications and Journal Entries
21 April 2026
CPD Hours: 7
thumbnail
Designing Anti-fraud Controls to Prevent Waste, Abuse & Misuse of Funds : Lessons from Real-life Lapses and Failures
27 April 2026
CPD Hours: 7
thumbnail
A Practical Guide to FRS Application ( Part 2 )
8 May 2026
CPD Hours: 7
thumbnail
Managing Procurement, Contracting & Vendor Fraud Risks : Internal Audit Techniques, Red Flags & Real-World Lessons
14 May 2026
CPD Hours: 7
thumbnail
A Deeper Look at the new FRS 118 – Presentation and Disclosure in Financial Statements ( 05/26 )
15 May 2026
CPD Hours: 7
thumbnail
Managing a Multigenerational Workforce : Building Inclusive, Collaborative and Future Ready Teams
15 May 2026
CPD Hours: 7
thumbnail
GST Reporting 2026: Navigating Compliance in the Changing GST Landscape
19 May 2026
CPD Hours: 7
thumbnail
GST Treatment for Imported Services and Low-Value Goods
25 May 2026
CPD Hours: 3.5
thumbnail
GST Compliance Risks: Understanding MTF and Applying the Due Diligence Checks to protect your Input Tax Claims
18 June 2026
CPD Hours: 3.5
thumbnail
2026 Corporate Tax Challenges & Updates: Navigating Recent Changes and Managing Compliance Requirements
19 June 2026
CPD Hours: 7
thumbnail
AGO Findings & Prominent Ethical Lapses: Key Learning Points and Ethical Considerations
23 June 2026
CPD Hours: 7
thumbnail
A Deeper Look at the new FRS 118 – Presentation and Disclosure in Financial Statements ( 06/26 )
24 June 2026
CPD Hours: 7
thumbnail
Applied AI for the Future-Ready Accounting & Finance Professionals and Business Managers
25 June 2026
CPD Hours: 7
thumbnail
Accounting Standards Updates 2026
26 June 2026
CPD Hours: 7
thumbnail
Demystifying the Zero-Rating of GST for International Services & Exports
10 July 2026
CPD Hours: 7
thumbnail
Vibe Coding for Accounting & Finance Professionals and Business Managers
13 July 2026
CPD Hours: 7
thumbnail
Auditing Third-party & Outsourcing Fraud Risks: Due Diligence, Contract Integrity & Case-based Red Flags
16 July 2026
CPD Hours: 7
thumbnail
Navigating AI Risks and the Ethical Imperatives
13 August 2026
CPD Hours: 7
thumbnail