Financial Fraud in Government

Course Description:

The Fraud Triangle – Donald Cressey (1953)

Opportunity, Incentive or Pressure, and Rationalization or Attitude

Discrepancy between pay for government employees versus the private sector occasionally rationalize the misappropriation as compensation to make salary “equal”. A manager uncovered fraud when his bookkeeper unexpectedly missed a few days of work and he opened a bank statement.  While looking through canceled checks from the statement he was shocked, made a few phone calls and ended up bringing in a forensic accountant.  What type of fraud is this? How does fraud like this occur? What actions could have been used to stop this fraud? How could this have been detected during an audit? These are just a few of the questions we are going to look at and answer.

We will discuss the following types of fraud

• Personnel Fraud
• Interim Reporting Fraud
• Personal Use of Public Assets
• Management Override
• Misappropriation of Assets
• Procurement Cards

COURSE IS DESIGNED FOR:

Accounting Professionals at all levels desiring to remain up-to-date

PREREQUISITE

Basic Knowledge in Auditing and Fraud

ADVANCE PREPARATION

NONE

NASBA/QAS APPROVED

YES

IRS APPROVED

NO

CFP APPROVED

NO

CTEC APPROVED

NO