Government Benefits Fraud
Author: Robert K Minniti
| CPE Credit: |
2 hours for CPAs |
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.
Publication Date: April 2025
Designed For
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
- Ethics
- Professional Skepticism
- Definition of Fraud
- Fraud Research
- Fraud Statistics
- Government Computer Issues
- Reporting Fraud
- Fraud in the News - 2025
- Medicare Frauds
- Social Security Frauds
- DOGE Benefit Fraud Claims
- SBA Fraud
- Unemployment Fraud
- Government Fraud
- Worker's Compensation Fraud
- Criminals Using AI
Learning Objectives
- Identify methodologies for committing government benefits fraud
- Identify procedures for reporting government benefits fraud
- Identify Red Flags for Fraud
- Identify Common Government Benefits Frauds
- Identify under which type of corruption bid rigging normally falls under
- Identify how many audits the Department of Defense has failed in a row
- Identify how frauds are most frequently detected according to the ACFE
- Identify the statute of limitations for PPP and EIDL frauds
- Identify who causes the most losses from fraud in government organizations
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Accounting (Governmental) (2 hours)
Program Prerequisites
None
Advance Preparation
None
