Corruption schemes make up 35.4% of the reported fraud cases, with a median loss of $200,000, according to the 2016 Report to the Nations on Occupational Fraud and Abuse. Those often devastating effects, combined with a dramatic increase
in the number of enforcements, have made bribery and corruption a key issue for many global organizations. The extension of anti-corruption laws to vendors presents additional vulnerability to companies in the United States. How do you
ensure that both your employees and the third parties that play a critical role for your organization are following the rules?
Learn to protect your organization by effectively incorporating anti-bribery and corruption compliance policies, as well as effective detection and investigation procedures, into your anti-fraud strategy. During this two-day ACFE
seminar, you will gain an understanding of common corruption schemes and anti-corruption liability, including the Foreign Corrupt Practices Act (FCPA), UK Bribery Act and other anti-corruption legislation. From recognizing red flags to
managing a global investigation, you will gain the skills and knowledge to combat the threat of bribery and corruption in your organization.
Upcoming Courses
Montreal, Quebec | April 6-7, 2020
Portland, OR | August 10-11, 2020
You Will Learn How To:
Navigate the legal elements of bribery and corruption
Implement policies and procedures to comply with the FCPA, UK Bribery Act and other major anti-corruption initiatives
Identify common corruption schemes
Evaluate the effectiveness of your anti-corruption compliance program
Conduct third-party due diligence
Respond to red flags of corruption
Manage investigations across international borders
Who Should Attend:
Attorneys, legal professionals and law enforcement personnel
Controllers and corporate managers
Detectives and private investigators
Forensic and management accountants, accounts payable and financial analysts
Governance, risk and compliance professionals
Internal and external auditors, CPAs and CAs
Business professionals, educators and students interested in the anti-fraud field
Certified Fraud Examiners and other anti-fraud specialists
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: $795
Non-Members: $995
*Pricing listed is for U.S. events. International event pricing may vary by location. Please view the individual event page for International pricing.
CPE Credit
16
Field of Study
Specialized Knowledge
Course Level
Overview
Prerequisite
None
Advanced Preparation
None
Delivery Method
Group-Live
*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.
Full Course Outline
Bribery and Corruption
*Please note: Schedule listed is for U.S. and Canadian events. All events outside of the U.S. and Canada are pushed back 30 minutes with registration beginning at 8:00 a.m. and the last session ending at 4:55 p.m.
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DAY ONE
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DAY TWO
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7:30 a.m. - 8:00 a.m.
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Registration - Breakfast Pastries
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Breakfast Pastries
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8:00 a.m. - 9:20 a.m.
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Introduction
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.
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Anti-Corruption Programs
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.
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9:20 a.m. - 9:35 a.m.
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Break
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Break
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9:35 a.m. - 10:55 a.m.
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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.
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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.
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10:55 a.m. - 11:10 a.m.
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Break
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Break
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11:10 a.m. - 12:30 p.m.
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The FCPA, U.K. 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.
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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.
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12:30 p.m. - 1:30 p.m.
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Group Lunch
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Lunch on Own
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1:30 p.m. - 2:50 p.m.
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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.
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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.
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2:50 p.m. - 3:05 p.m.
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Break
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Break
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3:05 p.m. - 4:25 p.m.
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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.
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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.
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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.
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