20CF-GOVX: MNCPA Audits of Local Governments Conference (Virtual Only)
B1. Local Government Fraud
Speaker:
Bret Hood
Mon, 9:55 am - 10:45 am
In their 2020 global occupational fraud report, the Association of Fraud Examiners calculated that the median amount governments lose to fraud is $100,000. Federal and state governments typically have more resources to devote to fraud, but local governments often have less to work with, especially with many employees working remotely. Fraud is more likely — and devastating — in local governments. Learn about common fraud schemes, find out how to install effective controls, discover weaknesses in your fraud detection programs and develop methods to protect your organization.
NASBA field of study: Auditing (Governmental) - Technical (1)
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