Build a solid foundation in fraud prevention, detection and deterrence with Principles of Fraud Examination, the most comprehensive course on the subject. Explore the four basic areas of fraud examination: Financial Transactions & Fraud Schemes, Law, Investigation and Fraud Prevention & Deterrence. This course is taught by leading practitioners who will provide best-practices guidance and expert insight on dealing with the professional challenges you encounter daily.
For 3½ days, immerse yourself in anti-fraud training while interacting with colleagues and peers. The course includes lectures, group discussions and video presentations. In addition to anti-fraud training, this event provides many opportunities to network with your peers, as well as with ACFE staff and faculty members, at group lunches and social functions.
Upcoming Courses
No courses are scheduled at this time. Please view our Calendar of Events for other upcoming seminars.
You Will Learn How To:
Interpret the causes of frauds and how to prevent and deter future frauds by detecting red flags
Conduct all steps of a fraud investigation from planning the investigation and interviewing prospective witnesses to report writing
Detect fraudulent financial transactions and conduct fraud risk assessments
Identify occupational fraud schemes and external threats of fraud
Analyze and manage financial information and recognize financial statement fraud
Examine the legal issues that affect fraud examinations including rules of evidence, key legal rights and privacy issues and testifying
Who Should Attend:
Business professionals, educators and students interested in the anti-fraud field
Experienced fraud examiners seeking to complement their practical experience with the knowledge of leading anti-fraud experts
Individuals who are considering starting a practice focused on fraud deterrence and detection
Anti-fraud professionals interested in becoming Certified Fraud Examiners
While attendees are in Austin, the ACFE will host an Open House reception at its headquarters, providing attendees a unique opportunity to experience the Fraud Museum exhibit, located in the offices of the Geis Building. Established by ACFE founder and Chairman Dr. Joseph T. Wells, CFE, CPA, the Fraud Museum tells the story of fraud’s intriguing past with an extensive and eclectic collection of historical fraud pieces.
The ACFE Open House also welcomes attendees to the Gregor Building, a historic, 1920s-era home that houses the ACFE’s executive and administrative staff. Attendees can tour the building and meet ACFE staff members as they visit the home of the world’s premier anti-fraud association.
This course satisfies the ACFE’s requirement of two Ethics CPE hours per year. To read more about the Ethics CPE requirement for CFEs, please visit
ACFE.com/EthicsCPE.
Fees
Members: $1195
Non-Members: $1395
CPE Credit
28
CPE Credit by Field of Study
| Field of Study |
CPE Credit |
| Behavioral Ethics |
2 |
| Accounting |
3 |
| Specialized Knowledge |
8 |
| Business Law |
6 |
| Communications and Marketing |
6 |
| Information Technology |
3 |
| Total |
28 |
Course Level
Basic
Prerequisite
None
Advanced Preparation
None
Delivery Method
Group-Live
Full Course Outline
Principles of Fraud Examination
| |
DAY ONE
Building Your Fraud Examination |
DAY TWO
Dealing with the People of the Fraud Examination
|
DAY THREE
Starting Your Fraud Examination
|
DAY FOUR
Wrapping Up the Fraud Examination |
|
7:30-8:00 a.m. |
Registration -
Continental Breakfast |
Continental Breakfast |
Continental Breakfast |
Continental Breakfast |
|
8:00-9:20 a.m. |
Investigation – Planning the Investigation
The steps to a successful fraud investigation, including the skills to complete the process and complete the investigation, are important to the end result: prosecution and restitution. This session will cover the discovery process (document collection and examination), the confirmation process and the admission-seeking interview of the suspect. |
Financial Transactions - Contract and Procurement Fraud
The purchasing and procurement functions in most organizations represent an area at high risk for fraud. This session will explore how vendors can cullude with each other and with company employees to defraud a purchasing organization. Overbilling schemes and common corruption schemes, including kickbacks and conflicts of interest, will also be discussed. |
Investigation - Interviewing Prospective Witnesses
You cannot prepare enough for your interviews. Here you will see how the various environmental and psychological factors can enter into the simplest of interviews and also learn that developing the right questions in the right sequence can produce very beneficial results.
|
Investigation – Admission-Seeking Interviews
Now, you are ready to complete your investigation. You have all your evidence and are ready to interview the primary suspect and obtain an admission of guilt during the interview. Sound simple? Once again, preparation, legal elements and physical evidence all are key to this interview's success or failure. |
|
9:20-9:35 a.m. |
Break |
Break |
Break |
Break |
|
9:35-10:55 a.m. |
Financial Transactions – Asset Misappropriation Schemes
To resolve allegations of fraud, you must understand what schemes are used to defraud organizations. This session shows you how to recognize common asset misappropriation schemes, such as skimming, fraudulent expense reimbursements, accounts receivable manipulation and inventory theft. |
Fraud Prevention and Deterrence - Causes of Fraud
A key element in fraud is the understanding of human behavior - why some people turn to crime and fraud while others don't. During this session, you will study several types of behavioral, psychological and social theories of why fraud occurs. |
Financial Transactions - Fraud Risk Assessment
An important part of fraud prevention is proactively looking for vulnerabilities within an organization. This session will provide you with ideas and tools to conduct a basic fraud risk assessment for your clients or employers. |
Investigation – Signed Statements/Report Writing
At the conclusion of your investigation, a detailed report is almost always required. A fraud examination report varies considerably from the traditional audit report and knowing the difference is critical. You must assume your report will be seen by insiders and outsiders, and you may even be asked to testify about it in court. In this final session, you will learn what to write as well as what to never to put on paper. Developing these communication skills is one of the most important things a fraud examiner can do. |
|
10:55-11:10 a.m. |
Break |
Break |
Break |
Break |
|
11:10 a.m.-
12:30 p.m. |
Legal Elements – Legal Elements of Fraud
This session will explore the basic legal concepts of fraud examination. We will examine the legal definition of fraud, as well as several criminal and civil statutes that may affect your work. |
Financial Transactions—Analyzing and Managing Financial Information
New tools and techniques for analyzing data, especially on a large scale, are being developed all the time. In this session, get an overview of some software analytical tools to detect illicit transactions. |
Legal Elements - Legal Issues
A fraud examiner must know the legal ramifications of conducting an investigation. This session will include an overview of the rights and duties of an employer and an employee, as well as civil litigation that may arise from improper actions. Privacy issues will also be reviewed.
|
Legal Elements – Testifying
All fraud examinations must begin with the assumption that your case will go to trial. Learn the principles associated with direct and cross examination, as well as the "Ten Commandments" of testifying. |
|
12:30-1:30 p.m. |
Group Lunch |
Lunch on Your Own |
Group Lunch |
|
|
1:30-2:50 p.m. |
Financial Transactions – Financial Statement Fraud
Financial statement fraud is potentially the largest type of fraud in terms of total monetary loss for an organization. This session will discuss the schemes and red flags associated with financial statement fraud, as well as the appropriate analytical tools and techniques to detect it. |
Investigation— Investigating on the Internet
With the proliferation of information, documents and records now available on the internet, fraud examiners must be aware of the best sources and techniques used to find online clues. This session will explore numerous internet resources available to the fraud examiner. |
Investigation - Emerging Technologies
This session will explore how new technology presents both challenges and opportunities for anti-fraud professionals. You will learn about the ups and downs of various technological developments, including the additional risks and exposures these developments bring and ways to use such technologies to proactively enhance the ability to combat fraud |
|
|
2:50-3:05 p.m. |
Break |
Break |
Break |
|
|
3:05-4:25 p.m. |
Legal Elements – Rules of Evidence
Regardless of what information you discover, you must be familiar with the rules of evidence to know if your findings will be admitted in court. You will examine several evidentiary principles and identify how each relates to fraud examination. |
Fraud Prevention— Prevention of Fraud
Do you know the difference between prevention and deterrence? What actually stops fraud from occurring? Understand some of the psychological and sociological elements in both prevention and deterrence. |
Investigation - Evaluating Deception
The psychology of deception is very complex and often manifests itself through verbal and non-verbal cues. Learn why observation is critical during the entire investigation but more so during the interviewing process. |
|
Event Details
Event Cancellation Policy
Our
cancellation policy is intended to keep costs low for attendees. Due to financial obligations incurred by ACFE, Inc. you must cancel your registration prior to the start of the event. Cancellations received less than 14 calendar days prior to an event start date are subject to a $100 administrative fee. No refunds or credits will be given for cancellations received on or after the start date of the event. Those who do not cancel and do not attend are responsible for the full registration fee. Should an event be cancelled or postponed by the ACFE due to
unforeseen circumstances, ACFE will process a full refund of registration fees within 30 days of such circumstances becoming known. ACFE will attempt to notify affected customers by phone and email after it determines cancellation is necessary.
Satisfaction Guarantee
ACFE seminars are unmatched in scope and effectiveness and backed by our unconditional satisfaction guarantee. If you attend an ACFE event and are not completely satisfied, please contact an ACFE Member Services Representative at
MemberServices@ACFE.com or call (800) 245-3321 / +1 (512) 478-9000.
The Association of Certified Fraud Examiners, Inc. 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 submitted to the National Registry of CPE Sponsors through its website:
www.nasbaregistry.org.
If you would like to begin receiving email notifications from the ACFE, please
click here to subscribe.