The impact of fraud on an organization is often underestimated. Fraud is intertwined with cyber-related 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 thought-provoking ideas on internal fraud, improved risk assessments, truly understanding cross-program data, analytical and intelligence capabilities (and lapses), and best practices used by some of your peers.What You'll Learn: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
  
• 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