AGA 2020 Internal Control & Fraud Prevention Training
Sep 23, 2020 ‐ Sep 24, 2020
The Internal Control & Fraud Prevention Training (IC&FPT) has a rich history of providing the "latest and greatest" developments in the field. Together we can find solutions and make a difference in our workplace and in the government finance profession.
Be a part of AGA’s conversation with Michael Horowitz on the role of the Pandemic Response Accountability Committee (PRAC) and the agency Inspectors General who support it. Learn how the federal IG community will coordinate oversight of these efforts along with GAO and state and local IGs to check efficiency and effectiveness in the use of pandemic relief funds. Mr. Horowitz will also discuss responsibilities of the PRAC and associated IGs in preventing and detecting fraud, waste and abuse in their agency programs, and in informing Congress of agency problems and deficiencies and their recommendations for corrective action.
The CARES Act and other relief legislation provide emergency assistance to those aﬀected by COVID-19. To help attendees combat fraud, evaluate internal control, and preserve payment integrity, a panel of thought leaders will discuss how to ensure CARES funds reach the right people and are used for their intended purposes.
Session attendees will gather examples of fraud risk and possible schemes targeting government and private businesses and individuals; fraud risk management activities; and antifraud controls.
They will also explore criteria for designing, implementing and operating an effective internal control system and learn about strategies and tools to identify and prevent improper payments.
Ms. Beryl Davis, CGFM,CPA, Director, Financial Management and Assurance, GAO
This session will explore ways that agencies across the government leverage innovation to improve risk and internal control programs. Potential speakers include individuals from: NSF, HHS, FSA, Navy and FEMA.
Learn more about innovative ways to improve the efficiency and effectiveness of risk and internal control programs, including:
Enablers, such as AI, RPA, and advanced analytics.
Unique approaches to improve coverage and reduce effort.
Learn about a real-life example of fraud and the lessons it offers on the importance of controls -- segregation of duties, system controls, processing controls, physical safeguards, controls in a time of change -- and the reality of the fraud triangle.
Mrs. Rachelle Cabading, CGFM, CFE, Assistant Director, TN Comptroller of the Treasury Division of Local Government Audit
Explore ways that unsupervised machine learning (ML) can work as a powerful solution in anomaly detection capabilities on a large volume of transactions. In the example case, ML finds underlying patterns in transaction data and helps an agency streamline purchase card review processes and validation of card controls.
Attendees will explore machine learning applications to predict fraud, waste and abuse.