Together, Reducing Fraud Worldwide
Bribery and Corruption
*Please note: Schedule listed is for U.S. events. All events outside of the U.S. are pushed back 30 minutes with registration beginning at 8:00 a.m. and the last session ending at 4:55 p.m.
7:30 a.m. - 8:00 a.m.
Registration - Breakfast Pastries
8:00 a.m. - 9:20 a.m.
In this opening session, you will assess the Fraud Triangle, review corruption scheme data from the Report to the Nations, be introduced to methods of making and concealing corrupt payments and learn about global trends in anti-corruption enforcement and why anti-corruption enforcement is on the rise.
For an anti-fraud culture to permeate an organization, employees must see fraud prevention and detection as not only a priority of those at the top, but as part of their daily responsibilities. Become prepared to answer questions from regulators, learn current best practices for implementing and maintaining an anti-corruption program, and learn about standards, tools, and other forms of guidance that can help you build your anti-corruption program.
9:20 a.m. - 9:35 a.m.
9:35 a.m. - 10:55 a.m.
Legal Elements of Bribery and Corruption
Discuss key legal issues fraud examiners may encounter in bribery and corruption cases such as legal avenues for recovery, legal actions to redress corrupt acts, federal corruption offenses in the U.S., corruption offenses in the U.K., methods to ensure the satisfaction of judgment debts, jurisdictional matters, and privacy issues.
Third-Party Due Diligence and Monitoring
Contracting with third parties subjects organizations to risks with the potential for significant financial and reputational harm. Such risks, however, can be unique and vary depending on the third party as well as the service or process outsourced. Learn about the attributes of a third-party due diligence program, due diligence measures for monitoring third-party risks, areas that pose high risks, watchlists for third parties, third-party anti-corruption training programs and ways to manage third-party risks with contracts.
10:55 a.m. - 11:10 a.m.
11:10 a.m. - 12:30 p.m.
The FCPA, UK Bribery Act and Other Anti-Corruption Measures
This session will examine the FCPA and the UK Bribery Act, and compare the differences between the two. Also, you will learn about the OECD and other organizations' conventions against corruption, as well as country-specific anti-corruption legislation in Australia, China, France, Germany and Japan.
M&A Corruption Due Diligence
In today’s global economy, mergers and acquisitions (M&As) are on the rise, but such transactions raise distinctive corruption risks that should be addressed to avoid liability. Learn why companies engage in M&A transactions, the M&A process, the key participants in the M&A process, FCPA concerns in joint ventures, and more.
12:30 p.m. - 1:30 p.m.
Lunch on Your Own
1:30 p.m. - 2:50 p.m.
Corruption Schemes in Purchasing
Examine the purchasing process for most organizations and look at some specific types of schemes that occur in connection with the purchase of goods and services. Also, learn about front businesses and ways that illicit funds can be concealed through them.
Responding to Evidence of Corruption
This block explores the first steps that organizations and fraud examiners should take when an allegation of fraud is brought forward. From start to finish, study ways to develop a response plan, conduct an initial assessment, build a fraud team, identify sources of information, conduct interviews, analyze information and conclude an investigation.
2:50 p.m. - 3:05 p.m.
3:05 p.m. - 4:25 p.m.
Corruption Risk Assessments
The objective of a corruption risk assessment is to help an organization’s leadership recognize what makes it most vulnerable to corruption. Explore corruption risk assessments, focusing on topics such as, the benefits of a risk-based approach, planning to implement a risk assessment process, evaluating corruption risks in six phases, corruption risk factors, a checklist for risk assessments and methods to analyze corruption risk.
Managing International Investigations
This section seeks to provide guidance for examiners seeking to conduct an international investigation. You will discuss common challenges to conducting international investigations, examine how to conduct interviews abroad, address ways to coordinate investigations abroad, examine tools available for locating and recovering assets located abroad, tips for handling international corruption investigations and much more.
© 2014 Association of Certified Fraud Examiners, Inc. All rights reserved.