Lehigh Valley ACFE & IIA Student Award Night & Fraud Presentation (1.5 CPEs)

    March 18, 2019
    5:00 PM - 8:00 PM
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    DeSales University
    2755 Station Avenue
    Center Valley, PA 18034
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    ACFE and IIA Student Awards are presented to area university students that are nominated by their professors based upon academic achievements.  The Student Award presentations will be followed by a presentation Dr. Douglas M. Boyle, DBA, CPA, CMA and Associate Professor at the University of Scranton on The Behavioral Pathway to Fraud: Common Pitfalls and Dark Triad Personality Types.

    Presentation Summary:
    Following the high-profile fraud cases such as Enron, Tyco, and WorldCom around the early 2000s, lawmakers, regulators, and the accounting profession took unprecedented actions toward preventing and detecting future fraudulent conduct. This included passage of the Sarbanes-Oxley Act of 2002 (SOX), formation of the Public Company Accounting Oversight Board (PCAOB), and the issuance in 2002 of Statement on Auditing Standards 99 (SAS 99), “Consideration of Fraud in a Financial Statement Audit” (now AU Sec. 316 (AU 316)). Yet despite these significant and costly undertakings, fraud continues unabated.

    Research studies and reports reveal a common theme in which organizational fraud continues at a rate that should be of societal concern and that the fraud typically involves key insiders, often those at the C-suite level. The regulatory approaches to fraud prevention offer ways of mitigating the opportunity to commit fraud, but this seems to be insufficient - especially since the usual perpetrators of financial statement fraud (i.e., C-suite-level insiders) have the position and authority to circumvent and override fraud prevention controls. Key questions that those looking to deter fraud should consider are: (1) What innovative approaches can be taken within the organization to deter fraud, particularly fraudulent accounting manipulation that involves senior financial managers? (2) What specific actions can be taken by financial managers to avoid becoming complicit in potentially fraudulent conduct?

    To gain insights into these questions, we identified eight practical learning objectives that could help professionals identify and avoid the common pitfalls of fraud. Based on circumstances that are commonly found in fraud cases, these learning objectives were developed by examining the “pressure” and “rationalization” elements of Donald Cressey’s Fraud Triangle. If individuals recognize and understand the types of thinking and mind-sets that might lead someone to commit fraud, they will become less susceptible to the kinds of pressures and rationalizations that often result in fraud. Additionally, we expand the Fraud Triangle to include a new element of capability and explore the Dark Triad personality types that may lead to clinical rationalization.

    Agenda:

    5:00 pm - 6:00 pm - Registration / Networking / Hors d'oeuvres

    6:00 pm - 6:30 pm - Student Award Presentations

    6:30 pm - 8:00 pm - Fraud Presentation 

     

    Event Pricing and Registration:
    $20.00 - IIA & ACFE Members and Non-members

    Click here to register http://www.etouches.com/student2019. Registration closes March 11, 2019.

     

    Lehigh Valley IIA Event Cancellation Policy:

    Reservations for Chapter events are first registered, first served.  Payment for this event is preferred at the time of registration through PayPal.  No refunds will be permitted, however substitutions will be permitted.