2013 Anti-Fraud Webinar Schedule
E-Training without Travel
Sign Up for Any 2013 Anti-Fraud Webinar Package and Receive a 1 Year Subscription to
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DATA ANALYSIS SERIES
OPERATIONAL FRAUD SERIES
Previously co-presented to you by AuditNet and FraudAware, these widely acclaimed anti-fraud Webinars are again offered in 2013 in two series together offering 5 packages with 5 Webinars in each package.
Three of the packages cover key topics related to using data analysis (DA) to fight fraud ... and 3 cover general operational fraud (OF) topics. In addition, there is a bonus Webinar offered in each Series.
Each Webinar qualifies for 2.0 CPE Credits and is two hours long.
PLUS: When you sign up for any Webinar package, you’ll receive a one-year FREE Platinum Subscription to FraudResourceNet, including a vast archive a “how-to” anti-fraud article from top experts, an exclusive library of fraud-audit templates, free access to four years of past anti-fraud Webinars and much more.
DETECTING, PREVENTING, INVESTIGATING & AUDITING FOR FRAUD
USING DATA ANALYSIS
2013 Series
Time: 11:00 AM- 1:00 PM (Eastern, GMT -0500)
Times may be subject to
change
CPE: 2 Credits are available for attending the seminar which are awarded
based on a 50-minute hour.
Program Level / Prerequisites and
Advance Preparation: Basic / None
Basic Delivery Method: Group Internet Based
Recommended Category: Specialized Knowledge and Applications
Cost: $99 per webinar. Group Pricing $300 per Webinar (and all your staff can earn CPE). We will invoice you and only when we receive payment or payment arrangements will we approve your attendance. For only $300 you can have all of your staff attend and receive CPE.
DATA ANALYTICS SECTION 1
1. Is Your Payroll Being Plundered (DA-1) Feb. 27
What you will learn:
- Costliest forms of internal and external payroll fraud
- Who commits payroll fraud
- Gathering accurate data for effective payroll fraud data analysis
- Powerful and user-friendly audit automation tests and techniques for detecting red flags of payroll frauds
- Using data analytics results to improve payroll fraud preventative controls
2. Recognizing and Preventing Fixed Asset and
Inventory Fraud using Data Analysis (DA-1) March 27
What you will learn:
- Phantom inventory: How to know what’s really in your warehouses and what’s not
- How managers conceal inventory and capital asset theft by reporting fraudulently inflated values
- Case studies of inventory/fixed asset theft and concealment
- Easy but effective data analytics tests that reveal red flags of inventory theft and asset value misstatement
- What to do once your data analytics work has uncovered signs of inventory fraud
3. How to Catch Expense Reimbursement (T & E)
Cheaters Using Data Analysis (DA-1) June 18
What you will learn:
- How to detect common T&E schemes such as getting reimbursed twice for the same expenses ... abusing corporate credit cards for personal expenses ... innovative hotel, meal and airfare reimbursement ploys ... and more
- Best practices for T&E fraud deterrence and prevention
- Data analytics techniques for detecting T&E frauds quickly
- How to formulate a T&E anti-fraud policy
4. Best Practices in Detecting Accounts Payable Fraud Using Data Analysis (DA-1) August 21
What you will learn:
- How to generate recoveries through identification of fraudulent invoices
- Ways to analyze transactions to
pinpoint override of invoice and PO approval
Important case studies of phony vendor schemes - Detecting employee manipulation of vendor master file
- How to master data analytic testing to detect the red flags of common and not-so-common AP fraudsHow to generate recoveries through identification of fraudulent invoices
5. How to Use Data Analysis to Detect Revenue and Receivables Fraud (DA-1) December 4
What you will learn:
- How to detect and prevent lapping schemes
- The anatomy of revenue recognition schemes such as channel stuffing, fake sales, round-tripping and more
- How to obtain the best accounts receivable and revenue data to perform optimal data mining-based audits
- Step-by-step data analytic techniques for receivables theft and revenue manipulation schemes
DATA ANALYTICS SECTION 2
1. How to Uncover Financial Statement Fraud Using Data Analysis (DA-2) January 30
What you will learn...
- How to detect illegal recording of fictitious sales
- How companies conceal fraudulent capitalization of expenses
- Main types of illegal revenue transactions
- Recognizing improper asset valuation
- New case studies of illegal financial reporting
- Using the powers of data analytics to uncover financial statement frauds.
2. Ways to Beat Vendor and Procurement Fraudsters using Data Analysis (DA-2) March 13
What you will learn:
- Costliest procurement frauds to beware of (with case studies)
- Indicators of possible collusive procurement-vendor schemes
- Red flags to look for in audits of procurement using data analytics
- How to conduct the audit using data analytics
- What to do if you find vendor or procurement fraud when doing an audit
3. Detecting Healthcare Vendor Fraud Using Data Analysis (DA-2) April 17
What you will learn:
- Who are the most common dishonest healthcare providers —It’s not always clear!
- New fraud risks under Obamacare
- Case studies: Surprising ways that vendors rip off hospitals, clinics and other providers
- How insiders collude with vendors to embezzle funds, divert inventory and steal confidential medical data
- Red flags of healthcare billing schemes, sham vendor frauds, drug diversion schemes and other hugely costly scams
- Proven data analytics procedures for detecting indicators of healthcare fraud
4. Benford's Law and How to Use it to Detect
Fraud in Accounting Data (DA-2) Aug 7
What you will learn:
- A user-friendly introduction to Benford’s Law
- How Benford’s Law can help detect the red flags of fraud
- Best data to use in Benford’s Law tests
- Step-by-step demonstration of
applying Benford’s Law to fraud
audits - Best software programs for facilitating use of Benford’s Law
5. Uncovering Fraud in Key Financial Accounts using Data Analysis (DA-2) Nov 12
What you will learn:
- Drilling into operational data to look for red flags of fraud (Procurement/AR/Disbursements/ Operations/Inventory, etc
- Which business processes and procedures lend themselves best to data analysis for fraud
- How to prepare for a process-level data analysis procedure
- How to gather the data you need to do a fraud analysis
- How to avoid false positives and false negatives
DATA ANALYTICS SECTION 3
1. Using Data Analysis to Conduct Forensic Fraud Audits (DA-3) Feb. 6
What you will learn:
- How to plan a forensic/fraud audit or investigation using data analytics
- How to get the data you need to do an efficient and effective forensic audit/investigation
- When to use data analytics in fraud audits ... and when not to
2. Essentials of Using Latest Techniques in
Continuous Auditing for Fraud (DA-3) Sept 11
What you will learn:
- Continuous auditing versus continuous monitoring
- How to determine which data is needed to conduct a data analysis-based audit for fraud
- A methodology for requesting data from owners
- How to deal with IT
- How to Import the data in various formats
- Methods to assure the data reliability
- How to use your data to conduct continuous auditing and/or monitoring for fraud
3. Using Data Analytics to Detect and Deter
Procure-to-Pay Fraud (DA-3) Oct 30
What you will learn:
- Common and not-so-common frauds in procurement, receiving and payment
- Who commits P2P fraud
- Red flags of fraud in procurement, receiving and payment
- Detecting the red flags using data analytics tools
- How to minimize risk of becoming a victim of P2P fraud
- Best anti-fraud controls for P2P
4. Using Data Analytics to Detect and Prevent Corporate and P-Cards (DA-3) Nov. 20)
What you will learn:
- Recap of major corporate and P-card fraud schemes
- How to gather the data you need to audit for card fraud using data analytics
- Best practices in data analytic for corporate and P-card fraud detection
- Proven P-card fraud deterrence and prevention practices
5. How to Empower Your Audit Department with
Data Analytics — Efficiently and Cost Effectively (DA-3) Dec 17
What you will learn:
- How to dispel the fear of audit technology
- How to train audit personnel to use IDEA, ACL or other tools to detect fraud and abuse
- Half the battle: Knowing what to test with analytic software
- Getting your IT team on board to support use of technology in auditing for fraud
- Best training approaches for
mastering data analytics tools and techniques
DATA ANALYTICS Bonus Webinar
Fraud Detection and Prevention Techniques
Using Excel (DA) May 8
What you will learn:
- How to introduce data analytics software to your audit process
- How to use Excel to boost efficiency and effectiveness in auditing for different types of fraud
- Demonstrations of Excel's functionality in identifying data anomalies that may represent red flags of fraud
- Shortcuts and processes for making Excel-based fraud auditing easy
OPERATIONAL FRAUD SERIES
Detecting, Preventing, Investigating and Auditing Fraud
in Today’s High-Crime Climate
2013 Series
Time: 1:00 PM- 3:00 PM (Eastern, GMT -0500) (unless otherwise noted)
Times may be subject to
change
CPE: 2.0 Credits are available for attending the seminar which are awarded
based on a 50-minute hour.
Program Level / Prerequisites and
Advance Preparation: Basic / None
Basic Delivery Method: Group Internet Based
Recommended Category: Specialized Knowledge and Applications
Cost: $99 per webinar. Early Bird Individual and Package pricing now available!
Special Kickoff Webinar
Step-by-Step Guide to Setting Up and Managing an Anonymous Fraud Hotline 2 CPE $99
How many non-frivolous fraud tips do you
receive via your organization's
whistleblower hotline?
How many calls are you missing due to employee fear of retaliation?
Are the calls you do receive being handled by experts trained to ensure that they result in detection or prevention of fraud schemes in your organization?
This webinar, brought to you by FraudResourceNet, the premier Website for anti-fraud resources will cover the following:
- The statistics don't lie: Employee Tips are the most common way that management learns about fraud. Yet, more than one-third of organizations still have no hotline in place. And, many of those that do are missing major frauds that could or should be reported -- due to improper hotline management.
- How many non-frivolous fraud tips do you receive via your organization's whistleblower hotline?
- How many calls are you missing due to employee fear of retaliation?
- Are the calls you do receive being
handled by experts trained to ensure that they result in detection
or prevention of fraud schemes in your organization?
Opportunity: Don't pass up this chance to learn from a top expert how to "do hotlines right"... After attending this important Webinar you'll know...
- Whether to “do it yourself" or use an outside provider
- How to guarantee anonymity and confidentiality
- Do’s and don’ts for getting maximum employee use of the hotline
- Proven practices for interviewing anonymous whistleblowers (and traps to avoid)
- Legal and regulatory pitfalls too many organizations make with their hotlines
Title: Step-by-Step Guide to Setting Up and Managing an
Anonymous Fraud Hotlines.
Date: Thursday, January 24, 2013
Time: Recorded
Cost: $99
Special Expert Panelist:
FREE BONUSES for all attendees of “Step-by-Step Guide to Setting Up and Managing an Anonymous Fraud Hotline”:
• Special Report: Introduction to Fraudulent Financial Reporting by Peter Goldmann, MSc., CFE ($40 value)
• "How to Encourage Whistleblowers to Blow the Whistle" -- feature article by Mr. O'Dowd in White-Collar Crime Fighter ($20 value)
OPERATIONAL FRAUD SECTION 1
1. ACH and Check Fraud—Proven Detection and
Prevention Methods (OF-1) Mar 6
What you will learn:
- Check and ACH fraud schemes you may be surprised by
- Common AP mistakes that check fraudsters take advantage of
- How your bank can help prevent check and ACH fraud
- Powerful ways to detect red flags of check and ACH fraud
- Which prevention measures
work and which don’t
2. Anti-Fraud Professionals’ Role in Building an
Anti-Fraud Culture (OF-1) April 23
What you will learn:
- Internal auditors’ changing role in detecting and fighting fraud
- Auditor, controller, HR manager, CFO, compliance and ethics managers’ roles in creating and enforcing Codes of Ethics and Compliance Policies
- The critical importance of an Anti-Fraud Policy
- Tone at the Top: What does it really mean and how to make it work
3. Fraud Risk Assessment – Key to Highly
Effective Anti-Fraud Controls (OF-1) May 9
What you will learn:
- How a Fraud Fisk Assessment (FRA) can slash your organization's fraud losses
- Why, when and how to conduct a FRA
- Who should conduct your fraud risk assessment
- Step-by-step guidance for conducting a successful FRA
- How to use the results of
your FRA to bolster internal controls
4. An Expert’s Advice on Establishing an
Organization Wide Fraud Policy (OF-1) June 5
What you will learn:
- Critical reasons to have a fraud policy
- Why an ethics policy is not enough
- Who should formulate the policy
- What NOT to include in a fraud policy
- Best practices for implementing and enforcing your fraud policy
- How to keep your fraud policy current and effective
5. When Law Enforcement Comes Knocking (OF-1)
Aug 14
What you will learn:
- How to greet law enforcement agents when they show up asking for an fraud-related interview
- Your rights when being asked for information about an alleged fraud
- How to avoid costly legal traps when answering law enforcement officials’ questions
- When to contact an attorney
- Rules of thumb for how to answer specific questions
OPERATIONAL FRAUD SECTION 2
1. Essentials of a Highly Effective Employee Fraud Awareness Program (OF-2) Feb. 13
What you will learn:
- How to start planning a successful employee fraud awareness training program
- Best methods for training employees in how to recognize red flags of fraud
- How to turn fraud awareness into whistleblower tips
- How to measure effectiveness of fraud awareness training
- Who should conduct your training and when
2. Bribery, Corruption and Money Laundering (FCPA):
What Auditors Need to Know (OF-2) July 24
What you will learn:
- How the federal government “goes after” potential FCPA offenders
- How to detect the red flags of bribery and conflicts of interest
- Why detecting bribery is increasingly important today
- Penalties for violating US and international anti-bribery laws
- When it is legal to pay bribes
- When and where to find
outside anti-bribery expertise
3. Internal Anti-Fraud Controls. Linking the
Right Controls to the Right Risks (OF-2) Dec 19
What you will learn:
- Why internal controls don’t always help to prevent fraud
- Designing the right anti-fraud controls to prevent your organization’s specific fraud risks
- Traps to avoid in implementing anti-fraud controls
- Implementation is only half the battle: How to maintain continuous anti-fraud controls
- Case studies: When organizations do controls right
- How to do a proper anti-fraud controls self-assessment
4. Ethics for Auditors: Understanding Current
Issues in Financial Integrity (OF-2) June 26
What you will learn:
- Ethics versus fraud: Why the two terms are often misunderstood
- Common audit-related ethical violations: conflicts of interest, negligence, violation of standards, billing misconduct, etc
- Case studies: Major ethical failures in financial audits and lessons learned
- Auditors’ ethics-related liability issues (to auditee and shareholders) under the law
5. Fraud Audit versus Fraud Investigation:
Critical Distinction (OF-2) July 10
What you will learn:
- Fraud auditing: Essential techniques
- Fraud auditing and fraud investigation: Where the former ends and the latter begins
- Role of internal audit in fraud investigations
- Case studies: Do’s and don’ts of
auditing versus investigating
OPERATIONAL FRAUD SECTION 3
1. Fraudulent Documentation: Fraudsters’ Secret
Weapon ... How to Disarm Them (OF-3) May 29
What you will learn:
- Most common forms of document-based fraud (mortgage fraud, contract fraud, check fraud, billing fraud and more)
- Fraud detection techniques for flagging signs of possible document fraud
- Investigating document fraud
- Handling fraudulent documents in criminal cases
- Where/how to find a document fraud expert
2. Protecting Your Organization from the Growing
Threat of Cyber Fraud (OF-3) September 18
What you will learn:
- Types of information internal and external hackers may try to steal
- How stolen information is used to sabotage, extort and financially undermine your organization
- Who commits computer and Internet crime
- How to measure your organization’s current cyber- security status
- Essential protective measures for minimizing risk of computer and Internet fraud now
3. A Primer on Social Networking and Fraud
Risk—What you Don’t Know Can Cost You (OF-3) Sep 25
What you will learn:
- How fraudsters exploit Facebook, LinkedIn and other social media sites to steal personal information, commit identity fraud and attack your organization in countless other ways
- How to monitor social media sites for signs of criminal actions against your organization
- Critical legal and regulatory aspects of employee social media usage
- Who should be accountable for monitoring and reacting to social media-based fraud and information security attacks
4. Due Diligence: How to Use Public Information
to Support Your Fraud Audit (OF-3) Oct 9
What you will learn:
Understanding the vast body of public records and how they can be used
to support due diligence and fraud investigations
Better background investigations
Best practices for harnessing the Internet for fraud audit and
investigative activities
Off-line (hard-copy) information sources for auditors and fraud
investigators.
5. Procure-to-Pay Fraud: Detection and
Prevention Essentials (OF-3) Oct. 30
What you will learn:
- Overview of the wide array of procurement, receiving and disbursement frauds (including new approaches to purchasing collusion, delivery diversion, inventory fraud and hard-to-believe AP schemes)
- How to surmount the greatest control challenges to mitigating P2P fraud
- How to use basic controls such as segregation and delegation of duties to better protect the organization against P2P scammers
- Audit techniques to catch the red flags of P2P scams
BONUS WEBINAR OPERATIONAL FRAUD
The Fraud Risks Associated with Management Override of Controls (DA) July 12
What you will learn:
- Management override: What it is and how it’s most often done
- How management gets away with illegal override of controls
- What to do if you, the auditor, AP manager, compliance officer, etc., are asked by a superior to manipulate financial records, illegally disburse funds, falsify documents, etc.
- When to consult an attorney in an actual or potential override situation
FraudAware 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. Web site: www.nasba.org