Don’t Just Check the Box: Planning and Executing Grant Audits to Identify Fraud
Intermediate
Online
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Don’t Just Check the Box: Planning and Executing Grant Audits to Identify Fraud (On-Demand Webinar)
Description
This webinar will explore real case studies in which auditors identified fraud during routine grant audits using innovative audit procedures. You will learn strategies to better focus your grant audits to identify fraud. By moving beyond standard “check the box” audits you can greatly increase your ability to detect grant fraud schemes. Learn how (and why) to incorporate a robust fraud risk assessment into your audit plan, how to use data analysis to construct a sampling plan, and take a deep dive into transaction testing.
Prerequisites
Knowledge of and experience with the fundamentals of performing audits. Basic understanding of grants and related regulations.
You Will Learn How To:
Apply innovative transactional testing, with a special focus on salary charges
Determine an audit plan that focuses on the largest areas of risk
Identify ways to design robust fraud risk assessments during grant audit planning
Navigate the use of performance verification in a meaningful way
Recall data analysis techniques to employ in sampling plans to identify fraudulent transactions
CPE Information
| CPE Credit: | 2 Credits |
|---|---|
| NASBA Information: | Auditing (Governmental) |
| Advanced Preparation: | None |
| Last Updated: | August 2023 |
| Delivery Method: | QAS Self-Study |
Presenter
Kathleen R. Sedney, CFE, CPA - Speaker
Director
Department of State, Office of Inspector General
Kathleen Sedney joined the Department of State, Office of Inspector General in May 2011 and is currently a director in the middle east regional office directorate within the office of audits. Sedney has more than 15 years of experience as an auditor and forensic accountant, and she has led audits and investigations related to contracts, foreign assistance, financial management and physical security.
Earlier in her career, Sedney was an auditor and forensic accountant with big 4 accounting firms KPMG and PriceWaterhouseCoopers, during which time she conducted forensic investigations in accounting, securities and other fraud matters. She continued in the role of an internal forensic accountant at two fortune 500 companies — Marriott International and Omnicom Group. Sedney has provided expert witness assistance on a variety of subjects, including testifying at trials. She is a Certified Public Accountant and Certified Fraud Examiner. She earned her B.S. In accounting from Salisbury University.
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CPE Credit
Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.
ACFE Online Self-Study Courses
Features:
- 24/7 access to courses through your Internet browser
- Save time and quickly earn CPE credits with instant access, grading and printable certificate
- The flexibility to start or stop a course and pick-up right where you left off
- No additional shipping fees
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System Requirements:
- Internet access: High-speed connection recommended
- Speakers required for video sound
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/.
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