22CF-GOVT: MNCPA Audits of Local Governments Conference (In-Person)
F1. Who Would Target Us? Fraud Risks and Management for Local Government
Speaker:
Marc Courey
Mon, 2:15 pm - 3:30 pm
Occupational fraud was estimated to cost U.S. organizations a whopping five percent of gross revenue – and that was before the pandemic. COVID-19, government mandates and employee pressure increased the risk of occupational fraud and fueled the components of the fraud triangle, creating a perfect storm for staff to take advantage of resources. Elevate your post-pandemic fraud IQ to the new and riskier world of fraud in the local government space. Learn about the origins of occupational fraud risk, why that risk has increased due to the COVID-19 response and what organizations and auditors can do to address it. Explore best practices and plan your next steps to better manage the risks and mitigate the impact of fraud.
NASBA field of study: Information Technology - Technical (1.5)
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