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Continuing Education

Building Fraud Risk Assessment Into
Audit Planning

AN AGA TRAINING AUDIO CONFERENCE 
February 11, 2009
2 CPE Hours Available!

AGA, in conjunction with the National Association of State Auditors, Comptrollers and Treasurers (NASACT) and the Association of Local Government Auditors (ALGA), is pleased to announce a new and increasingly important topic to our audio conference schedule—fraud risk planning.

All professional standards require auditors to consider exposures from misconduct, wrongdoing and fraud. Requirements may include brainstorming sessions during audit planning, discovery based testing and analyzing red flags surfaced to determine the true cause. But too often, practical limitations of time and other resources get in the way of full on the job implementation.

This session will show government audit and accounting professionals how to balance their fraud deterrence and detection responsibilities. Topics covered will include:

·          Identifying fraud risks in program operations and accounting

·          How to brainstorm fraud risks in an audit setting

·          The Fraud Loss Scorecard—starting point of prevention and detection efforts

·          Why controls will not prevent fraud

·          Putting real action behind the concept of Professional Skepticism

·          Early Fraud Detection: how to build detection into every day activities

·          How to sell improvement ideas to managers and their staff

To share his expertise in fraud auditing is John J. Hall, CPA, a consultant, speaker and seminar instructor. He helps clients: create a comprehensive anti-fraud environment; identify and assess areas of exposure to wrongdoing, misconduct and fraud; strengthen fraud prevention and detection controls; and enhance personal and professional effectiveness. John also helps clients handle incidents of wrongdoing, misconduct and fraud. These services include incident investigation, preparation and review of fidelity bond insurance claims, coordination with law enforcement and prosecutors, and identification and correction of control failures related to the incident.

Please join us for two hours of lively discussion about this important and timely topic. In addition to the speaker’s commentary, there will be approximately 20 minutes for Q & A so participants can ask the speaker questions and share their own experiences.

Date: Wednesday, February 11, 2009

Time: 2 – 3:50 p.m. Eastern Standard Time

Learning Objectives: To learn various techniques and approaches to fraud risk planning

Prerequisite: Familiarity with internal controls and audit planning

Advance Prep: None required     

CPE: Two credits 

Field of Study: Auditing

Cost: $249 per site (UNLIMITED ATTENDANCE) if you register on or before Friday, February 6, 2009 and $299 thereafter. SPECIAL PROMOTION: Government agencies and AGA Corporate Partner members who register five or more offices will receive a 20 percent discount ($200 per site)

To Register: Register online, Print the registration form or Special Promotion Registration and fax it to 703.684.6933.

This audio conference offers important information to almost everyone in the accountability profession. Please share this program announcement with others in your government, chapters, educational institutions and private firms. Remember, there is no limit to attendance per phone site. If you have any questions regarding registration, please contact Maria Lucas at 800.AGA.7211, ext. 308, or mlucas@agacgfm.org. Questions regarding the program should be directed to Raymond Harris at ext. 339 or rharris@agacgfm.org

 

 


Association of Government Accountants   2208 Mount Vernon Avenue   Alexandria, VA 22301   PH 703.684.6931   TF 800.AGA.7211   FX 703.548.9367