Government Benefits Fraud (Completed)

The Washington Post reported the US Government loses between $233 Billion and $521 Billion to fraud on an annual basis. With California’s unemployment fund insolvency due to $55 Billion in fraud and Consumer Affairs reporting an 82% increase in government benefits fraud this issue is once again requiring the attention of accountants, auditors, and fraud investigators. We have all heard of government benefits fraud, but did you ever wonder how it works? How do these fraud schemes work and how much do they cost taxpayers? This course is designed to review government benefits frauds. Examples of actual fraud cases will be provided so participants can understand how these frauds are being committed and how they were uncovered. We will discuss how new technologies such as artificial intelligence make government benefits fraud easier to commit. We will review various methodologies for detecting government benefits frauds. We will review some of the legal issues involved in government benefits frauds and how this could affect your business. This course would be appropriate for CFOs, CEOs, business owners, business managers, internal auditors, external auditors, corporate accountants,

Who Should Attend
This course would be appropriate for CFOs, CEOs, business owners, business managers, internal auditors, external auditors, corporate accountants, government accountants, CPAs, CMA, CIAs and risk management personnel.

Topics Covered

• Fraud
• Reporting Fraud
• Forensic Accounting

Learning Objectives

• Review methodologies for committing government benefits fraud
• Review procedures for reporting government beneits fraud

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (Governmental) (2 hours)

Program Prerequisites
None

Advance Preparation
None