ACFE Washington Metro Chapter and Institute of Internal Auditors DC Chapter
September 2024 CPE Session (2 NASBA CPEs); September 26, 2024 (Thursday; 3:00 PM to 5:00 PM EDT)
- Free to ACFE Washington Metro and IIA DC Chapter members
- $20 for non-Chapter members
- To become an ACFE Washington Metro Chapter member, please enroll at http://www.acfedc.org
Agenda:
3:00 – 4:00 PM - Session 1: The $3-Million Dollar Woman: An Expense Fraud Case Study
4:00 – 5:00 PM - Session 2: Fraud Risk: Assessment Tools & Techniques
The $3-Million Dollar Woman: An Expense Fraud Case Study
Presenter: Elizabeth Simon (Progress Residential)
Expense Reporting may not typically fall to the top of the risk list or may not seem to have a high impact on your company. This session will dive deeper into a case study to show how a woman defrauded a company of over $3 million through expense reporting.
Learning objectives will include:
- Introduction of the case study highlighting a $3 million expense reporting fraud and its organizational impact.
- Identify risk factors and detection methods used to uncover the expense reporting fraud case.
- Understand the investigative process, from initial discovery to evidence gathering, in the expense fraud case.
- Discuss the outcomes, including legal prosecution and financial consequences, resulting from the fraud investigation.
Fraud Risk: Assessment Tools & Techniques
Presenter: David Varner (Clearview Group)
Fraud risk behaves differently than financial, operational, or compliance risk. Many
organizations are ill equipped to identify fraud risk, often being caught off guard when fraud occurs. During this workshop, participants will learn about different fraud schemes, get better at spotting common warning signs, and develop ways to assess how susceptible their organization is to fraud.
Learning Objectives include:
- Participants will be able to recognize different types of fraud schemes that pose a threat to organizations and understand their characteristics.
- Attendees will learn to identify key warning signs and red flags that may indicate the presence of fraud within an organization.
- Develop the skills to assess their organization’s susceptibility to fraud by evaluating internal controls, policies, and procedures.
- Learn about tools and techniques to conduct comprehensive fraud risk assessments, enabling attendees to proactively manage and mitigate fraud risk within their organizations.
Location: Zoom address to be provided after registration.
Field of Study: Specialized Knowledge (Fraud-Related)
Prerequisites: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
Cancelation Policy:
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 chapter@acfedc.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.