Course Information
Auditing for Fraud in Time Reporting, P-Cards and Out-of-Pocket Reimbursement
Parking for SAO, Professional Development courses is in Garage B (1511 San Jacinto Blvd.). The Garage signage may read 1511 San Jacinto or Garage B. The elevator in Garage B is not reliable. If you are unable to walk the stairs, please contact the professionaldevelopment@sao.texas.gov for alternate parking arrangements. Handicapped parking is free at the meters around the downtown area.
A course coordinator will email you a parking permit prior to the course start date. A permit must be displayed or you will be ticketed.
Course Description
‘Systemic fraud’ involves common everyday transactions where the opportunity to cheat simply can’t be prevented. These “death by a thousand paper cuts” events can hurt, stall or kill organizational Fraud Prevention efforts day after day after day.
In this example-based program, we’ll build an effective auditing and management response to systemic fraud. We’ll use real-world cases from out-of-pocket cost reimbursement, purchasing and credit card transactions, time reporting, benefit programs and similar everyday cost events. We’ll build audit program steps that can be used by any audit team, and highlight the power of data mining and analytics in these larger populations of small dollar transactions.
Course Objectives
Objectives:
• Recognize the opportunities for data mining, monitoring and analytics
• Explore the need to quantify existing losses in order to build management support for action in these everyday risk areas
• Build the easy action steps approvers could make in their daily behaviors to minimize the opportunity for fraud events ‘on their watch’
Outline:
• Define MACRO, Micro and Systemic fraud risks
• Fraud schemes, red flags and action steps in time reporting by employees and contractors
• Fraud schemes, red flags and action steps in expense reimbursement
• Fraud schemes, red flags and action steps in P-Card & Credit Card transactions
• Fraud schemes, red flags and action steps benefit claims and payments
• Effective detection using data analysis and monitoring
• Effective prevention in these common systemic fraud areas
• Suggestions on incident response in these small-dollar high-exposure areas
Prerequisites
Prerequisite not required.
YB 4.23 (L)
Instructors
John J. Hall, CPA is the President of Hall Consulting, Inc., the creator of www.FraudPreventionPro.com, and the author of the award-winning book “Do What You Can! Simple Steps–Extraordinary Results”. He has been a business consultant, results coach, speaker and auditor for most of his 43-year career.
Through live skills training programs, conference keynote presentations, business and personal results coaching, and business consulting engagements, John helps program participants and client team members:
Identify and improve areas of exposure to business risk, wrongdoing, and fraud
· Improve organizational and personal performance
· Enhance the effectiveness of business processes and individual behavior
· Improve interpersonal and communications skills
Speaking, training, coaching and consulting areas include:
· Fraud Risk Management: prevention, deterrence, early detection and effective incident response
· Business keynote and conference presentations
· Communication and interpersonal behavior skills programs, including:
o Establishing business rapport and trust
o Effective interviewing and listening
o Speaking and presenting
o Selling ideas and influencing others to take action
o Leadership, collaboration and influence
o Consulting skills for professionals
· Intensive One-to-One and small group performance and results coaching
· Board and senior management anti-fraud consulting
· Audits of costs incurred in large construction projects and other contractor services
In addition to operating his speaking, training and business consulting firm since 1990, he has worked in senior leadership positions in large corporations and international public accounting and consulting firms.
John is a Certified Public Accountant (Pennsylvania). He is an active member of the National Speakers Association, the American Institute of CPAs, and the Institute of Internal Auditors.
Meet John
www.JohnHallSpeaker.com
www.FraudPreventionPro.com
Additional Information
TAC Rule 523.142(g) requires the CPE Sponsor to monitor individual attendance and assign the correct number of CPE credits. Participants will be asked to document their time of arrival and departure in compliance with this Rule. Additionally, attendance will be monitored throughout the day and CPE certificates will reflect actual attendance of each participant.
If you are making travel plans to come to Austin, we recommend making "refundable" air and hotel reservations or waiting until 14 days before the class to actually book your reservations. Courses are occasionally canceled or rescheduled due to low enrollment. We determine whether a course has enough participants 16 days prior to the course date. If we cancel or reschedule, we will email the participant and his or her billing contact no later than 14 days before the original class date.
To see answers to our Frequently Asked Questions, visit Texas State Auditor's Office - Professional Development FAQs