Fraud

Tuesday, December 14, 2010
8:30 - 4:30

Marriott Hotel, St. Pete (Map)

RSVP On-line - When attending under the pre-paid plan, please RSVP with the specific attendees each time.

Price* - $200 members of IIA, ISACA or IMA or non-members

* - for non IIA Package holders

This training qualifies for up to 8 hours of CPE credit.

8:30-12:00

Jerome Mayne
The Seriously Humorous Public Speaker

Since graduating from high school in 1985, I had a kid, got married, had another kid, got divorced, went to prison, got cancer, lived, got out of prison, had miracle child, toured as a stand-up comic and then got married again.

Needless to say, I have a few stories to tell.

At one point in my journey I toured the Mid-west as a stand-up comedian. My most memorable gig was at a biker/trucker bar in North Dakota. It wasn't going well and about halfway through my first set, it occurred to me that prison life was nothing compared to this.

In my mid-20s I elected myself CEO of the two companies I built. I had a about a dozen employees and there was much success. The wheels came off when I was arrested, and received a 21 month prison sentence for my involvement in a white collar conspiracy that stemmed from the entrepreneurial scramble.

Now an international keynote speaker and writer, I have the opportunity to share the lessons I've learned both in the business world and behind bars.

I have found some of the keys to success and happiness. I will help your group make good decisions better and bad decisions good. I will share, through my experiences, how to ensure a forward moving work environment that is built on a strong ethical foundation, an open mind and a happier life.

http://fraudcon.com/

10:00 - 10:15 - Break

12:00 - 1:00 - Lunch

1:00 – 4:00

A Forensic Accounting Approach to Solving a Fraud – The Indirect Method of Proof - The Indirect Method of Proof is not as frequently used by an investigator in an investigation as a direct investigation into the fraud itself, but the evidence obtained from the indirect method can be just as relevant. This method is generally used when the suspect’s criminal actions are not directly found in the company’s accounting records. The investigator, instead, must prepare an overview of the suspect’s life financial condition – a financial profile. This financial profile identifies what the suspect owes, owns, earns and spends. This method circumstantially shows that the suspect’s personal expenditures exceed the suspect’s known sources of income. The difference maybe the illegal funds the suspect obtains from the fraud, the benefits of the crime. Even though this technique is not as commonly used by investigators, this technique can be another tool that can help prove the suspect’s guilt.

Not- for -profit Fraud Schemes – This session will introduce the participants to various fraud schemes that are common to not-for-profit entities. Specific fraud schemes that are identified in the ACFE Report to the Nations will be identified for further discussion during the session. The session will include an analysis of those popular schemes identified in the Report. Particular attention is paid on how to detect, investigate, and eventually prevent these schemes from occurring in the not-for-profit organization.

Ethics – Integrity Counts - Recent scandals in the accounting profession have made it clear that ethics is of primary importance to the accounting field. Many states, Florida included, require accountants professionally certified by the state to take a course in ethics. In additional to the state requirement, many professional organizations, such as the ACFE, also require its members to obtain training hours in ethics. As part of the session the instructor will introduce basic ethical concepts as these concepts apply to both the accountant’s personal life choices and work environment. Specific attention will be paid to how ethics apply to our professional obligations as accountants or auditors. The session will include discussions on many of the ethical standards embodied in our profession standards.

2:30 - 2:45 - Break

Ransom McClung

Ransom McClung has an extensive background investigating and auditing university operations. Ransom retired after 15 years at FSU, in May 2010, as the Director of Investigations and Training in the Office of Audit Services at Florida State University. Prior to working at FSU, Ransom worked for over 10 years with the Florida Board of Regents Inspector General Office. Ransom currently teaches as an adjunct instructor in the Accounting Department at Florida State University. He teaches undergraduate classes in financial accounting, cost accounting, managerial, fraud examination, internal auditing, and forensic accounting.

Ransom has certifications as a CPA, CFE, Cr. FA, and a CFF. He has a Master of Science Degree in Criminology from Florida State University.

He has presented fraud-related topics to various organizations, including the Association of College and University Auditors, Association of Certified Fraud Examiners, Southeastern Association of College and University Business Officers, Florida Institute of Certified Public Accountants, and local chapters of The Institute of Internal Auditors and the Association of Government Accountants.