ACFE Washington Metro Chapter
April 2021 CPE Session (2 CPEs); April 29, 2021 (3:00 PM to 5:00 PM EDT)
- Free to ACFE Washington Metro Chapter members
- $20 for non-Chapter members
- To become an ACFE Washington Metro Chapter member, please enroll at http://www.acfedc.org
3:00 – 4:00 PM - Session 1: The Best Fraud Defense is a Good ERM Offense
4:00 – 5:00 PM - Session 2: GAO Presentation on Recent Report on Home Foreclosure Sales
Session 1: The Best Fraud Defense is a Good ERM Offense
Organizations often consider fraud as something that must be prevented at all costs…but with limited resources, is this always achievable? This session will explore how principles of enterprise risk management can be applied to fraud risk management to ensure organizations are considering fraud within the context of their overall strategy and not sacrificing value in exchange for a zero-risk appetite. Michael Miles and Stacey Floam will be leading the session on Thursday, April 29.
- Stacey Floam, Guidehouse
- Michael Miles, CFE, CIA, Guidehouse
Session 2: GAO Presentation on Recent Report on Home Foreclosure Sales
Home Foreclosure Sales: FHA, Rural Housing Service, and VA Could Better Align Program Metrics with Their Missions (GAO-21-219)
Poor maintenance of foreclosed properties can negatively affect communities and threaten neighborhood stability. GAO's March 2021 report found that federal agencies involved in home foreclosure sales generally focused on financial goals for the properties, such as getting a good return, but did not always measure if they achieved other goals, like stabilizing communities or selling homes to low-income buyers. GAO recommended that the Federal Housing Administration (FHA); Department of Veterans Affairs (VA), and the Rural Housing Service (RHS) measure how well foreclosed property programs strengthen neighborhoods or help meet other, non-financial goals.
The goals of the presentation are to provide information on:
- federal agencies' programs to dispose of foreclosed properties, also known as real estate-owned (REO) properties;
- changes in the number of the agencies' REO properties in 2004-2019 and factors that affected maintenance costs for the properties in 2017-2019;
- findings from GAO's analysis of the agencies' oversight of maintenance contractors; and
- findings and recommendations of GAO's analysis of the agencies' metrics to track policy outcomes of their REO programs.
- John Pendleton, Director, Financial Markets and Community Investment, GAO
- Nadine Garrick Raidbard, Assistant Director, Financial Markets and Community Investment, GAO
- Catherine Gelb, Senior Analyst, Financial Markets and Community Investment, GAO
Location: Zoom address to be provided after registration.
Field of Study: Specialized Knowledge (Fraud-Related)
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
Full refunds are available anytime when requested prior to 3 days of the event. No refunds will be made for “No Shows” (a “No Show” is a person who registers for a program but who does not cancel registration or attend the program). A registered person may elect to transfer the registration to another person at any time. Cancellations can be made only by email at firstname.lastname@example.org. Payments can be electronically made any time prior to the event start. Unfortunately, we are unable to accommodate "pay at the door" or payment by checks or cash.
The Association of Certified Fraud Examiners (ACFE) is the world's largest anti-fraud organization with nearly 85,000 members with the mission of reducing incidence of fraud and white-collar crime. The ACFE Washington Metropolitan Chapter aims to promote fraud detection and deterrence through educational training programs in the National Capital Region.
For additional information regarding Association of Certified Fraud Examiners (ACFE), please visit http://www.acfe.com.