Houston IIA February 2020 Luncheon
February 3, 2020

Registration:  11:15 am - 11:30 am
Lunch: 11:30 am - 12:00 pm
Lunch Presentation: 12:00 pm - 1:00 pm

Petroleum Club of Houston
1201 Louisiana
35th Floor
Houston, TX 77002

Topic:

“Finding and Fighting Fraud – A 24 Hour Responsibility” - Fraud is prevalent in today’s dynamic, global environment. The ACFE’s 2014 “Report to the Nations on Occupational Fraud and Abuse” asserted that “survey participants estimated that the typical organization loses 5% of revenues each year to fraud… Regardless of whether the true cost is 5% or some other portion of the global economy, the total financial impact of fraud surely amounts to hundreds of billions, if not trillions, of dollars each year - an enormous sum lost to an expense that provides absolutely no business or societal benefit.” Fraud is the great equalizer – it knows no boundaries ---age, gender, race, religion, vocation, geographic location.

Learning Objectives:

In this session, Goepfert will:

• Highlight key ingredients to detect fraud, including the power of technology to find fraud schemes
• Explore the vital methods for conducting the fraud interview – the dos and don’ts of this critical activity
• Discuss past fraud investigations that will provide further lessons about the fraud discovery process

Experience level: Basic

Prerequisites: None

CPE Credit(s):  1 hour