Detecting Fraud with Data Analytics Workshop

CPE Credit: 12
Online Virtual Workshop | February 8-11, 2021
Course Level: Intermediate
Prerequisite: Working knowledge of basic functions in one or more of the following software programs: Microsoft Excel, ACL, IDEA, Tableau

According to the ACFE's 2020 Report to the Nations, proactive data monitoring and analysis is among the most effective anti-fraud controls. Organizations that undertake proactive data analysis techniques experience frauds that are 33% less costly and detect frauds 1.5 times as quickly as organizations that do not monitor and analyze data for signs of fraud. 

The Detecting Fraud with Data Analytics Virtual Workshop will teach you how to plan, design and apply numerous data analytics tests in order to detect various fraud schemes. You will also discover how to examine and interpret the results of those tests to identify the red flags of fraud. 

The course will begin by providing a solid foundation on which to build your data analytics initiatives, from understanding the types of tests that can be used to properly obtaining, preparing and normalizing your data for testing. You will then learn how to link your new knowledge of analytical tests, data sources, and fraud schemes into a holistic approach for applying data analysis techniques to real data sets and scenarios. The course will conclude with discussions on how to effectively—and ethically—communicate the results of your analyses.

This course is meant to be interactive. Please come prepared to interact with other attendees and the instructor virtually, using your webcam or audio on your computer. 


Day 1: Introduction, The Data Analysis Process (including harmonizing, etc.), Fundamentals Tests and Techniques
1:00-2:15 p.m. CT
15 Minute Break
2:30:-3:45 p.m. CT 

Day 2: Inventory & Cash Receipts, Financial Statements, Payment Tampering and Billing
1:00-2:15 p.m. CT
15 Minute Break
2:30:-3:45 p.m. CT 

Day 3: Corruption, Payroll and Expense Reimbursements
1:00-2:15 p.m. CT
15 Minute Break
2:30:-3:45 p.m. CT 

Day 4: Communicating Effectively, Ethics
1:00-2:15 p.m. CT
15 Minute Break
2:30:-3:45 p.m. CT 

In this workshop, you will learn how to:
•    Apply the full data analysis process, including planning, data preparation, analysis, and effectively communicating the results
•    Implement numerous traditional and non-traditional data analysis techniques
•    Identify anomalies and recognize common red flags of fraud that appear in the data
•    Design and run targeted data analytics tests to detect various types of fraud schemes
•    Communicate the results of your data analyses effectively and ethically


User-added image

Jeremy Clopton, CFE, CPA
Upstream Academy

Field of Study: Auditing
Advanced Prep: None
Delivery Method: Group Internet Based

Registration Fees
ACFE Members: $725
Non-Members: $825

Payment must be received by January 8, 2021 to receive early registration discount. 

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 or call (800)245-3321 / +1 (512)478-9000.