Anti-Fraud

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All financial institutions should take steps to deter fraud to protect their organization. This is one of the reasons why the AICPA, ACFE and the IIA have jointly released new guidelines to fight this threat. This event aims to discuss the warning signs and the methods in executing fraud, alongside the strategies that can be taken to identify and counter this unlawful act. This is a must-attend for financial institutions who intend to eliminate fraud for good.

The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to inform financial institutions of the benefits of these guidelines. The speakers will present their expert opinions in a two-hour LIVE webinar.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit.)
Advance Preparation: Print and review course materials
Course Code: 083799
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for Anti-Fraud Guidelines live webinar:                                                                      


  Event Talking Points (click here to view more)
SEGMENT 1:


Holly Daniels, Technical Director, Standards & Guidance,
The Institute of Internal Auditors

- Managing the Business Risk of Fraud: A Practical Guide
   » Project overview
   » Five key principles for proactively establishing an environment to effectively manage an
      organization’s fraud risk
   » Tools and resources

- Fraud Risk Governance
   » Roles and responsibilities
   » Fraud risk management program components

- What they’re seeing – regulator’s feedback

SEGMENT 2:


Ronald L. Durkin, CPA/CFF, CFE, CIRA, Senior Managing Director,
Durkin Forensic

- Response
   » Receiving and evaluating the allegation
   » Investigation protocols
   » Importance of independence

- Remediation
   » Internal control enhancements
   » Separating wrongdoers from the company
   » Education & training
   » Continuous auditing and monitoring

- Detection
   » What methods of detection work best?
   » What is the “fraud du jour?”
   » Key ingredients to an anonymous reporting program
   » Data analysis- use of technology to identify fraud attributes
   » Prevention Scorecards

- Prevention
   » Internal Controls- likelihood and significance of fraud risks
   » Internal Audit- are they up to the task? Staffing, adequately trained, independent, objective and
      competent?
   » Cost vs. benefit
   » Prevention scorecards

SEGMENT 3:


E. Michael Thomas CPA, CIA, CBA, CFE, CRP,
Executive, Financial Institution Risk Consulting Practice, Crowe Horwath LLP

Building An Antifraud Framework
- Current Trends and Statistics
   »  Mortgage Fraud
   »  Identity Theft
   »  Examples of recent Internal Fraud Schemes
- Four Cornerstones of an Anti-Fraud Framework
   »  Governance – The effective top down oversight and direction establishing
       the proper “tone at the top”.
   »  Policies and Procedures - The Board approved policies related to fraud prevention and detection.
   »  Competency/Training – Fraud awareness training throughout the organization.
   »  Independent Testing/Validation – Periodic testing and validation of fraud systems
       and capabilities.
- Fraud Vulnerability Assessment
   »  Overall Entity Assessment
   »  Fraud Awareness Training
   »  Business Unit/Process Assessment
   »  Integrated Fraud Detection & Prevention Techniques
- Fraud Risk Assessment
   »  Risk Events
   »  Impact
   »  Likelihood
   »  Risk Response
   »  Risk “Gaps


The Institute of Internal Auditors
Holly Daniels
Technical Director, Standards & Guidance
speaker bio »»

Durkin Forensic
Ronald L. Durkin, CPA/CFF, CFE, CIRA
Senior Managing Director
speaker bio »»

Crowe Horwath LLP
E. Michael Thomas CPA, CIA, CBA, CFE, CRP
Executive, Financial Institution Risk Consulting Practice
speaker bio »»

Who Should Attend?

- CPAs
- Internal and External Auditors
- Lawyers
- Corporate Financial Officers
- Security Operations
- Fraud Monitoring
- Business Analysts
- Fraud Analysts
- Corporate Security

Why Attend?

This is a must attend event for anyone interested in getting the latest information and guidelines about Anti-Fraud for Financial Institutions.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    



Anti-Fraud Guidelines
Speaker Firms:





 

 

The Knowledge Conference is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org

 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In New York, our programs are submitted immediately after the event live date and attendees are sent the approval codes once we receive them from the New York State Bar. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

 
Enrolled Agents Sponsor ID Number: 760

We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.