Analytics Innovations in COSO's Updated Fraud Risk Management Guide
- May 4, 2023 1:00 p.m.
- Central Time (CT)
Webinar
Course Level
Intermediate
Intermediate
Delivered via
Online
Online
Duration
100 minutes
100 minutes
Analytics Innovations in COSO's Updated Fraud Risk Management Guide
Description
In 2023, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) and the Association of Certified Fraud Examiners (ACFE) released an update to the 2016 Fraud Risk Management Guide. In every chapter, the application of a data-driven anti-fraud program is emphasized as a best practice. In this webinar, co-author Vincent Walden will discuss practical, easy-to-use applications of data analytics to improve your fraud risk management program. Walden will also explore leading innovations from MIT and Harvard Business School, and discuss how to apply industry-building AI and statistical models to effectively profile high-risk payments to third parties focused on vendor fraud, circumvention of controls and corruption.
Prerequisites
Working knowledge of data analytics in risk management
You Will Learn How To:
Align your fraud risk management program to the five fraud risk management principles listed in the updated COSO/ACFE Guidance.
Apply recent anti-fraud research out of MIT and Harvard Business School that measures potentially improper payments from both a precision and accuracy perspective.
Navigate new statistical metrics being used to demonstrate fraud risk management and corporate compliance effectiveness to both management and regulators.
CPE Information
| CPE Credit: | 2 |
|---|---|
| Advanced Preparation: | None |
| Delivery Method: | Group Internet Based |
Credit by Field of Study
| Information Technology: | 2 |
|---|
Registration & Fees
Registration Fee:
Members: $99
Non-Members: $149
Presenter
Vincent Walden, CFE - Speaker
CEO
KonaAI
Policies
Event Cancellation Policy
Our cancellation policy is intended to keep costs low for attendees. Due to financial obligations incurred by ACFE, Inc., you must cancel your registration prior to the start of the event. Cancellations received less than 14 calendar days prior to an event start date are subject to a $100 administrative fee. No refunds or credits will be given for cancellations received on or after the start date of the event. Those who do not cancel and do not attend are responsible for the full registration fee. Should an event be cancelled or postponed by the ACFE due to unforeseen circumstances, the ACFE will process a full refund of registration fees within 30 days of such circumstances becoming known. The ACFE will attempt to notify affected customers by phone and email after it determines cancellation is necessary.
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Terms and Conditions
The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.