The panel will discuss recent developments in fraud risk management programs, focusing on gaining stakeholder commitment, establishing integrated controls and effectively utilizing advanced data analytics. Key elements and benefits of Fraud Risk Management Program maturity will also be reviewed.
By attending this session, participants should be able to:
Describe recent developments regarding fraud risk management programs in federal agencies,
Understand key steps to take in obtaining stakeholder commitment in addressing fraud,
Explain approaches for defining fraud within their organizations,
Detail strategies to establish integrated ownership and controls across finance, audit, and compliance functions, and
Communicate how advanced data analytics can be used to enhance existing anti-fraud controls.