Course

Fraud Conference - Virtual Only

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Event Details

Thursday, September 23 – Friday, September 24, 2021

8:00am – 4:00pm
(Registration: 7:30am)

Location

Facility Pending

Webcast Only

Field of Study

  • Accounting
  • Behavioral Ethics

CPE Credit

16 hours CPE credit

Course Code

FRAUD-32

Level of Knowledge

Update

Vendor

Montana Society of CPAs

Description

All materials will be electronic only
Flex Credits Do Not Apply to this Course

Agenda

Thursday, September 23

8:00am - 9:40am
Seeing What You Want To See: How Confirmation Bias Affects Ethics - Bret Hood, 21st Century Learning & Consulting
When accountants make decisions,  the brain goes to work in ways that we do not consciously recognize. Although we strive to remain objective, we are profoundly affected by factors such as our previous experiences, our cultures, our morals and even whether we like someone. During any accounting or auditing engagement, confirmation bias — perhaps the most dangerous bias  — can lead us to look for and interpret evidence and entries in a manner that confirms our existing beliefs and opinions, even when the facts might say otherwise. In this session, you will learn how confirmation bias permeates our decision-making, as well as how to take steps to avoid the nefarious effects it causes.

9:50am - 11:30am
Covid & Fraud: How Things Have Changed with the Coronavirus - Bret Hood, 21st Century Learning & Consulting
Since the onset of the coronavirus in 2020, organizations have been forced to quickly adapt to new patterns of conducting business.  In turn, the changes presented by Covid have offered unprecedented opportunities for fraudsters.  In this session, we will discuss some of the predominant schemes being utilized in the Covid era, how Covid is affecting fraud examiners and auditors, as well as how to mitigate fraudster’s schemes.

11:30am - 12:00pm
Lunch

12:00pm - 1:40pm
White-Collar
A panel of federal agents discussing their experiences with frauds of yesterday, today and tomorrow.

1:50pm - 3:30pm
The Psychology of Scammer Tactics on Vulnerable Populations - Amy Nofziger, AARP
Do you know the latest frauds and scams targeting millions of hardworking and retired Americans? In this session you will learn how to understand and recognize common persuasion tactics used by scammers, how spoofing changed the fraud landscape with robo-calls and what traits and vulnerabilities scammers look for in their victims. You will also learn which vulnerabilities scammers might use to target you. 

Friday, September 24

8:00am - 9:40am
Governmental Frauds & Investigations - Julie Fox, CFE & Brian Sanvidge, CIG, CFE - Anchin, Block & Anchin LLP
Tens of billions of dollars in stimulus funding has created an unprecedented opportunity for fraudsters. Historically, there have been many fraud schemes that were used to perpetrate fraud within government agencies. Whether it’s bribery, conflict of interest or fictitious vendor schemes (to name a few), this issue persists and remains an area of concern. Recently, with unprecedented amounts of stimulus funds and grant programs available at all levels of government, concern has never been higher in relation to fraud, waste and abuse. This session will discuss current fraud cases affecting governments, statistics related to government fraud, fraud schemes used in an attempt to get away with the crime, internal controls that should be in place, and fraud prevention techniques. We will also discuss investigations that Anchin completed related to fraud within government agencies.

9:50am - 11:30am
2021 Fraudie Awards - Mitchell Hansen & Candice Avery, Clark Nuber PS

The pandemic has brought with it a pandemic of new fraud schemes. In this session, we’ll look at the largest frauds of the year, the COVID-19-related fraud schemes, and what you can do to protect yourself and your organization.
Objectives: Understand the current fraud landscape and lessons learned; Look at pandemics impact on fraud; Determine steps that organizations can take to strengthen their controls.

11:30am - 12:00pm
Lunch

12:00pm - 1:40pm
How Emerging Technologies Will Change the Fraud Landscape in the Accounting Ecosystem - Donny Shimamoto, Intraprise TechKnowlogies LLC
When big data, artificial intelligence, and blockchain are incorporated into accounting transaction processing and financial reporting, there will be some significant impacts to fraud prevention and detection. Attend this session to get a better understanding of how these emerging technologies will be incorporated into accounting information systems and how they also present opportunities for better fraud prevention and detection.

1:50pm - 3:30pm
Implications of Blockchain to Internal Controls - Donny Shimamoto, Intraprise TechKnowlogies LLC
Forget the technology—that’s for the IT folk. Let’s talk about how Blockchain will impact accounting processes and can be used to increase the automation of standard processes like a purchase order or accounts payable. Through accounting transaction examples, you will get a basic understanding of Blockchain and see how a Blockchain system fits into our accounting ecosystems. The use of Blockchain also brings with it new risks while at the same time mitigating others. Gain a broad perspective on the impact of Blockchain to the internal control environment and learn to analyze a Blockchain implementation to identify the changes you need to make to ensure the integrity of your accounting records.

Designed For

Everyone

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