| Preventing Fraud and Mismanagement In Government: An Interactive Case Study Interview
Program Type: Recorded Webinar (Audio, PPT)
Program Level: Intermediate
Prerequisites: Previous training or research on subject matter being taught.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: Two (2) Hours
Fields of Study: Accounting—Governmental; Behavioral Ethics
Shipping Weight: 0lbs. 0oz.
As Part-2 of this series, we will will present an actual government case of fraud and abuse through the eyes of someone involved in corruption scandal. The case will be broken down to allow the audience to understand the characters involved, their motivations, their tactics to further the fraud and those who enabled the fraud to occur.
A multi-million dollar infrastructure contract was awarded to a county government in southern Ohio. After numerous attempts to complete the project, millions were lost. As a result, the County Auditor, Kay Rogers, worked to find a solution for the taxpayers but unknowingly found herself as a co-conspirator in a federal criminal case. Facing pressure from Commissioners and concerned for her own political future, Kay put herself in a position that would ultimately lead to her involvement in a multi-million bank fraud.
The moderators will allow Kay to present her case and question her as to how the fraud evolved to include her and others. Through this interview attendees will be able to evaluate:.
Pressures faced by those in government
Rationalization of those involved in the case
Opportunities that presented themselves to allow fraud to occur because of failed policies and procedures
We will also present how fraudsters use the control of information to commit their fraud and manipulate enablers who allow the fraud to continue.
After completing this webinar, attendees will be able to:
- Recognize attributes of the risks associated within the public entity, using an actual case
- Judge the importance of maintaining professional skepticism and know the right questions to ask
- Explain the role of an enablers in fraud and how they further the fraudulent actions of others
- Demonstrate how to document important factors and characteristics of potentially fraudulent actions
- Identify how fraudsters convert "value" within the government organization into monetary gain
- Identify the types of distractions created during a fraudulent scheme to occur and how they remain undetected to the people closest to the situation
- Identify where weak internal controls and oversight issues enable fraudulent activity
- Explain how fraudsters use deception and separation of people to advance their fraudulent schemes
- Identify the characteristics of those who are the potential enablers and detractors of a fraud by examining their behavior and motivations
- Utilize adequate follow-up on important issues that can effect you valuation and you professional opinions
Who Should Attend
Valuators, CPA's, vendors and subcontractors working for the public entity and those who work in administrative positions in state and local governments, elected officals, and anyone looking to understand the risks within the public entity
Joseph Petrucelli, CPA, CFF, CGMA/ABV, FCPA, CVA, MAFF, PSA, CFE
Mr. Joseph Petrucelli is a founding partner of PP&D Accounting in Woodbridge, NJ. Petrucelli is often cited in the media and accounting journals for his work as a forensic accountant. He is an FCPA Forensic Certified Public Accountant through and holds various other certifications with the American Institute of Certified Public Accountants, National Association of Certified Valuation Analyst, National Association of Certified Valuation Analyst Forensic Academy, the NJ State Board of Accountancy.
Mr. Petrucelli is the author of "Preventing Fraud and Mismanagement in Government" (Wiley, 2016), and "Detecting Fraud in Organizations" (Wiley, 2013). He is also a contributor to media as an expert on tax issues and forensic accounting. He is an adjunct professor at CUNY College of Staten Island where he teaches forensic accounting. He is the author of “Detecting Fraud in Organizations” which was published by Wiley Publishing in 2013. He is a graduate of Kean University where he has a BS in Economics with a Concentration in Accounting.
Mr. Petrucelli has recently released his new book "Preventing Fraud and Mismanagement in Government: Systems and Structures" available through Wiley & Sons. He was also recently quoted by Forbes Magazine in an article titled "Nick's Roast Beef, A Greek Tragedy On Boston's North Shore."
Walter A. Pavlo, Jr., Author, Contributor to Forbes.com and NYU Law's Program on Compliance and Enforcement
Mr. Walt Pavlo is a contributor to Forbes.com where he writes about white-collar crime. He is the co-author of Stolen Without A Gun, which he co-wrote with Neil Weinberg (Editor-in-Chief at American Banker). Mr. Pavlo’s story has been a part of training programs at the Federal Bureau of Investigation, major corporations, and top-ranked MBA programs across the country. He is also an on-air contributor on the topic of white-collar crime for CNBC and FOX Business.
Walt Pavlo is the founder of www.500PearlStreet.com, which is a website dedicated to providing information on current white-collar crime cases with the purpose of educating people on the major cases in our court system. His program is integrated into a number of leading universities as a supplement to teaching forensic accounting, auditing, law, and ethics. Mr. Pavlo is a nationally recognized speaker on white-collar crime, and he gave a keynote address at the annual conference of Certified Fraud Examiners. He has also given presentations to key focus groups such as the Center for Audit Quality. He has also been a contributing panel member on numerous programs for the American Institute of CPAs and the Institute of Internal Auditors. Mr. Pavlo specializes in helping corporate leaders and their people understand how fraud starts within an organization by providing insight into the motivations of perpetrators and the opportunities they see when they commit crimes within a company.
Mr. Pavlo was recruited by the Federal Bureau of Investigation to lead training and discussions on financial fraud in the corporate environment in order to create awareness that fraud can exist in any workplace. His case has been cited in numerous textbooks and periodicals as a classic story of how a lack of proper mentoring and support within an organization can lead to poor decisions. His story has been featured on ABC Nightline, The Katie Couric Show, and the NBC Today Show.