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
Course Fee: $199 - $299 (Please click here for details)

 

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:                                                                                                                                    


** Discounts Apply for early registration

Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.


Anti-Fraud Guidelines
Speaker Firms:



Durkin Forensic