Description
Gain a better understanding of both internal and external fraud prevention, detection, and investigation.The impact of fraud on an organization is often underestimated. Fraud is intertwined with cyberrelated issues, money laundering, bribery and corruption risks, supply chain, accounts payable, and accounts receivable, just to name a few. The opportunity for both external fraud and internal fraud continues to increase as new technologies and new payment options expand. This program will focus on both internal and external fraud prevention, detection, and investigation. The presenter has a unique combination of experience with senior executive federal law enforcement fraud investigations, inside corporate fraud prevention, detection, and investigation, and consulting with a variety of industries on fraud prevention, detection, and investigation. You can expect to receive thoughtprovoking ideas on internal fraud, improved risk assessments, truly understanding crossprogram data, analytical and intelligence capabilities (and lapses), and best practices used by some of your peers.
Date: 2023-04-25 Start Time: End Time:
Learning Objectives
Review Agenda and Expectations
• Focus on Both Internal and External Fraud
• Fraud Risk Assessments – Different Levels
• Best Practices to Consider
Internal Fraud
• The Impact of Internal Fraud – Why Even More Important Now?
• Types of Internal Fraud
• Risk-Rating Employees and Programs
• Internal Fraud Detection and Prevention – High-Risk Employees
• Internal Fraud Investigations
Fraud Risk Assessments – Three Levels
• Organization-Wide Fraud Risk Assessments
• Program-Level Fraud Risk Assessments – Examples:
• Disbursement Fraud Risk Assessment
• Accounts Payable and Third Parties
• The Benefits of Country or Geographic-Based Fraud Risk Assessments
• Comparing Country to Country
• Comparing Like-Operations Across Countries
Best Practices to Consider
• Assessing Data, Analytical and Intelligence Capabilities Across Fraud, AML, Sanctions, ABC
• Combined Risk Assessments (Fraud, AML, Sanctions, ABC)
Concluding Comments
• Review of Internal Fraud Considerations
• Review Fraud Risk Assessments
• Review Best Practices
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Kenneth Jones-Alvarez & Marsal
