Don’t Just Check the Box: Planning and Executing Grant Audits to Identify Fraud (On-Demand Webinar)


CPE Credit: 2 
Course Level: Intermediate
Prerequisite: Knowledge of and experience with the fundamentals of performing audits. Basic understanding of grants and related regulations.


Description:

This webinar will explore real case studies in which auditors identified fraud during routine grant audits using innovative audit procedures. You will learn strategies to better focus your grant audits to identify fraud. By moving beyond standard “check the box” audits you can greatly increase your ability to detect grant fraud schemes. Learn how (and why) to incorporate a robust fraud risk assessment into your audit plan, how to use data analysis to construct a sampling plan, and take a deep dive into transaction testing.

You Will Learn How To:
  • Identify ways to design robust fraud risk assessments during grant audit planning
  • Recall data analysis techniques to employ in sampling plans to identify fraudulent transactions
  • Determine an audit plan that focuses on the largest areas of risk
  • Apply innovative transactional testing, with a special focus on salary charges
  • Navigate the use of performance verification in a meaningful way 

ACFE Ordering and Return Policy


Webinar Information:

KATHLEEN R. SEDNEY, CFE, CPA
DIRECTOR
DEPARTMENT OF STATE, OFFICE OF INSPECTOR GENERAL


KATHLEEN SEDNEY JOINED THE DEPARTMENT OF STATE, OFFICE OF INSPECTOR GENERAL IN MAY 2011 AND IS CURRENTLY A DIRECTOR IN THE MIDDLE EAST REGIONAL OFFICE DIRECTORATE WITHIN THE OFFICE OF AUDITS. SEDNEY HAS MORE THAN 15 YEARS OF EXPERIENCE AS AN AUDITOR AND FORENSIC ACCOUNTANT, AND SHE HAS LED AUDITS AND INVESTIGATIONS RELATED TO CONTRACTS, FOREIGN ASSISTANCE, FINANCIAL MANAGEMENT AND PHYSICAL SECURITY.

EARLIER IN HER CAREER, SEDNEY WAS AN AUDITOR AND FORENSIC ACCOUNTANT WITH BIG 4 ACCOUNTING FIRMS KPMG AND PRICEWATERHOUSECOOPERS, DURING WHICH TIME SHE CONDUCTED FORENSIC INVESTIGATIONS IN ACCOUNTING, SECURITIES AND OTHER FRAUD MATTERS. SHE CONTINUED IN THE ROLE OF AN INTERNAL FORENSIC ACCOUNTANT AT TWO FORTUNE 500 COMPANIES — MARRIOTT INTERNATIONAL AND OMNICOM GROUP. SEDNEY HAS PROVIDED EXPERT WITNESS ASSISTANCE ON A VARIETY OF SUBJECTS, INCLUDING TESTIFYING AT TRIALS. SHE IS A CERTIFIED PUBLIC ACCOUNTANT AND CERTIFIED FRAUD EXAMINER. SHE EARNED HER B.S. IN ACCOUNTING FROM SALISBURY UNIVERSITY.


CPE Information:


ADVANCED PREPARATION: NONE

FIELD OF STUDY: AUDITING

LAST UPDATED: SEPTEMBER 26, 2019

DELIVERY METHOD: QAS SELF-STUDY

ACFE On-Demand Webinar Courses Feature:

24/7 access to courses through your Internet browser
Save time and quickly earn CPE credits with Instant access, grading and printable certificate
The flexibility to start or stop a course and pick-up right where you left off
No additional shipping fees

System Requirements:

Internet access: High-speed connection recommended

Free Adobe Flash Player

Speakers required for video sound