Governmental & Not for Profit Fraud 2024
4.00 Credits
Member Price $159
Non-Member Price $209
Overview
Governmental and not-for-profit organizations are entrusted with funds from taxpayers and donors and are frequently targeted by fraud perpetrators. How can these organizations ensure those funds are used only for intended purposes? This course will provide several real-world case studies in which a governmental or not-for-profit entity was the victim of fraud, including what type of fraud (asset misappropriation, fraudulent financial reporting, or corruption), how it happened, the fraud indicators that were present, and what could have been done to prevent the fraud.
Highlights
- Review real-world examples of fraud schemes perpetrated against governments and not-for-profits, including misappropriations of cash, grant frauds, vendor frauds, inventory thefts, and payroll frauds
- Understand and recognize fraud risk and fraud indicators
- Consider types of fraud prevention programs
Prerequisites
Basic knowledge of governmental and not-for-profit entities
Designed For
Auditors of governments and not-for-profit entities and industry professionals working in the government and not-for-profit environment.
Objectives
- Identify common types of fraud schemes occurring today in governments and not-for-profit entities
- Learn how to identify fraud indicators or "red flags"
- Develop controls to prevent fraud
Preparation
None
Leader(s):
Leader Bios
Robert Bedwell, Surgent McCoy CPE, LLC
Bob Bedwell, CPA, is an Audit and Advisory Principal at Mallah Furman, with over 35 years of audit and accounting experience. Bob regularly assists clients with a full range of corporate audit and assurance services, including financial statement preparation, auditing, SEC reporting, mergers, acquisitions, divestitures, due diligence, financing regulatory compliance, accounting system oversight, internal controls, IFRS conversions, Sarbanes-Oxley compliance advisory, and the independent review of external data.
Bob has been a discussion leader on numerous topics for the Florida Institute of Certified Public Accountants, as well as for the firms for which he has worked, and has received high evaluations for his knowledge of topics and presentation skills.
Bob received his Bachelor of Science in Accounting and Finance from Upsala College in East Orange, New Jersey, and has also earned a Masters in Accounting from Florida Atlantic University. Licensed as a Certified Public Accountant in Florida, Bob is a member of the Florida Institute of Certified Public Accountants (FICPA) and the International Association of Practicing Accountants (IAPC). He has previously served as chairman of the FICPA Accounting Principles and Auditing Standards Committee.
Non-Member Price $209
Member Price $159