Spring 2014...Building investigative skills requires the proper training. Courses like Conducting Internal Investiga-tions and Professional Interviewing Skills — among many others

Anti-Fraud Resource GuideSpring 2014

The Many Roles of a Fraud FighterOpportunities abound for anti-fraud professionals, and the ACFE can help you make the most of them.

What’s Inside:

� 25th Annual ACFE Global Fraud Conference, pg. 10

� Using Data Analytics to Detect Fraud, pg. 17

� Finding the Truth: Effective Techniques for Interview and Communication, pg. 29

GLOBAL EDITION

2 | LEARN MORE Visit ACFE.com CALL +1 (512) 478-9000

Table of ContentsMembership (pgs. 3-6)

Sky’s the Limit: The Many Roles of a Fraud Fighter ................................................................................... 3

Membership Benefits and Membership Application ..............................................................6 and Insert

ACFE Learning Events (pgs. 7-18)

Calendar of Events ...................................................................................................................................... 7

Conferences (pgs. 8-10)

2014 ACFE Asia-Pacific Fraud Conference in Hong Kong........................................................................... 8

2014 ACFE Canadian Fraud Conference in Toronto .................................................................................... 9

25th Annual ACFE Global Fraud Conference in San Antonio, Texas ..........................................................10

Seminars (pgs. 12-18)

Live Seminars

Principles of Fraud Examination ................................................................................................................12

CFE Exam Review Course .........................................................................................................................13

Bribery and Corruption ..............................................................................................................................14

Financial Statement Fraud ........................................................................................................................15

Fraud Risk Management ...........................................................................................................................16

Updated! Using Data Analytics to Detect Fraud .........................................................................................17

Online

ACFE Webinars .........................................................................................................................................18

ACFE Bookstore (pgs. 20-30)

CFE Exam Prep Course™ ..........................................................................................................................20

Self-Study CPE ..........................................................................................................................................22

Merchandise .............................................................................................................................................30

The Association of Certified Fraud Examiners is registered with the Na-tional Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individ-ual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

DISCLAIMERS

*Reservations subject to availability. I understand if I reserve a room at the course hotel, the hotel may disclose to ACFE non-financial reservation infor-mation, (name, dates of stay), for the purpose of updating and confirming the event room block. By registering for this event, I grant the ACFE or anyone au-thorised by the ACFE, the right to use or publish in print or electronic format, any photographs or video containing my image or likeness for any promotional purpose, without compensation.

†Payment must be received by Early Registration Deadline to obtain savings.

ACFE self-study courses do not require advanced preparation. For more infor-mation on ACFE self-study courses, in-cluding fields of study and learning ob-jectives, please visit ACFE.com/Shop.

“ACFE,“ “CFE,“ “Certified Fraud Exam-iner,“ “CFE Exam Prep Course,” “Fraud Magazine,” “Association of Certified Fraud Examiners,” “EthicsLine,” the ACFE Seal, the ACFE Logo and related trademarks, names and logos are the property of the Association of Certified Fraud Examiners, Inc., and are regis-tered and/or used in the U.S. and coun-tries around the world.

©2014 Association of Certified Fraud Examiners, Inc.

raud examination is a

profession unto its own.

As the field has grown

over 25 years, however, the

demand for the skill set re-

quired to successfully detect and

prevent fraud has spread to a wide

range of different roles and positions

in the professional realm.

Investigators, security and compliance

officers, law enforcement personnel, cyber

security professionals, accountants, auditors:

these and other roles are greatly enhanced

when filled by Certified Fraud Examiners

(CFEs). As more employers become savvy

to this reality, it provides unique opportuni-

ties for those who chart a career path based

upon anti-fraud training and knowledge. It

also provides flexibility when making career

choices: an individual can really play to his/

her own strengths and interests when chart-

ing their path.

Some people prefer the investigation

aspects of fraud, and are eager to interview

witnesses and suspects and build a case.

Others may prefer the accounting aspects,

and take great interest in identifying red flags

in financial statements. Still others find the

most satisfaction in implementing internal

controls and other preventive measures.

The Many Roles of a Fraud Fighter

F

4 | LEARN MORE Visit ACFE.com CALL +1 (512) 478-9000

All of these aspects and more are critical in the fight

against fraud, so professionals should seek to grow

their skills in different areas regardless of their specific

job duties.

The following are just a few of the roles that are in

high demand for professionals with fraud examination

skills:

Investigator: The very basis of unraveling

the tangled web of fraud lies in investigative

skills. Becoming an investigator can be

a natural career choice for a fraud

examiner who hones the skills

of collecting and analysing

evidence, interviewing wit-

nesses and suspects, tracking

down leads and pursuing a case

from discovery to resolution. This role

may be within a local police department, a

government agency or as a “private eye” (private

investigator).

Building investigative skills requires the proper

training. Courses like Conducting Internal Investiga-

tions and Professional Interviewing Skills — among

many others — provide a focus in this area. Also

check out the ACFE’s self-study course Planning and

Preparing for a Successful Fraud Examination (pg. 28).

Compliance Officer: A host of oft-changing laws

and regulations makes this position one of the most

important among organisations worldwide, and em-

ployers are scrambling to fill the need with qualified

experts. The Wall Street Journal noted in a recent

article that this “booming” field is currently one of the

hottest in the U.S., with opportunities and salaries

rising across the board. Fraud-Related Compliance

provides a good starting point for anti-fraud profes-

sionals in the compliance arena.

Information/Data/Cyber Security Professional:

The demand for experts to help safeguard electronic

data is only going to increase following the recent,

massive security breaches that have affected large re-

tailers (like Target and Neiman Marcus), financial insti-

tutions and other organisations worldwide. Anti-fraud

professionals with the technical skills to implement

and evaluate an entity’s cyber security measures will

fill this critical role. Jobs are found both in-house for

global organisations and with security and consulting

firms that outsource their services. High-tech training

is required, however, and fraud examiners should start

with courses like Protecting Data and Intellectual Prop-

erty and Introduction to Digital Forensics.

Law Enforcement: When fraud examination was

first conceived as a profession, the concept was to

create a “corporate cop” who could track down and

uncover fraud. It’s a fitting description, as many of the

skills involved in law enforcement figure prominently

in the investigation side of fraud examination.

Law enforcement professionals are respon-

sible for collecting evidence, following

leads and, in some cases, testifying

to their findings. Fraud examin-

ers may work for a local police

department or for a state or federal

government as a special agent. Law

enforcement agencies can also increase

their involvement with the ACFE through the

Law Enforcement and Government Partnership

(LEPG), which promotes training more personnel to

become CFEs (pg. 25).

Auditor: This field includes both independent

auditors — who, as the title suggests, are hired

independently by the clients they serve — and internal

auditors, who work for the company they audit. It is

the auditor’s responsibility to analyse, review, and

develop an opinion asserting the reliability and fairness

of financial statements. An auditor may perform other

services, such as offering solutions for internal control

weaknesses and verifying compliance with applicable

regulations and laws.

Whether in-house, employed by an accounting

firm or self-employed, many auditors are CFEs as

well as Certified Public Accountants (CPAs), Certi-

It’s an exciting time to be an

anti-fraud professional.

LEARN MORE Visit ACFE.com CALL +1 (512) 478-9000 | 5

fied Internal Auditors (CIA) or Chartered Accountants

(CAs). Auditors should look into Auditing for Internal

Fraud and Financial Statement Fraud (pg. 15) among

other audit-focused trainings, as well as the self-

study course Fraud-Related Internal Controls.

Forensic Accountant: Fraud sleuths are often

called upon to testify in litigation support and investi-

gative accounting settings. Forensic accounting is a

specialty field that focuses on these legal aspects,

following procedures in tune with court-of-law

requirements. These professionals are in

demand by accounting firms, lawyers,

law enforcement agencies, insur-

ance companies, government

organisations and financial insti-

tutions. There are many courses

that will be of interest to forensic

accountants, including Legal Elements of a

Fraud Examination and How to Testify.

Every year, the ACFE Global Fraud Conference

provides an excellent opportunity to build skills in all of

these areas (and then some). With more than 70 unique

educational sessions, the knowledge that can be gained

in virtually every realm of fraud examination is simply

unparalleled. Last year’s event sold out, so it is import-

ant to register today to join nearly 3,000 attendees in

San Antonio, 15-20 June 2014 (pg. 10).

It’s an exciting time to be an anti-fraud profes-

sional. New opportunities are being created

every day. The key to seizing them is

having the proper training and

credentials to move to the front of

the line. No matter what stage you

find yourself on your journey, now is the

time to take that next step along a fulfilling

and engaging career path. n

Bettina Kuntz, CFE, is an executive in the fraud insolvency division at Grant Thornton UK LLP. Since joining the ACFE in 2009, she has built her network of fraud experts and sought out training on the latest types of fraud schemes. Kuntz said this has helped her keep up-to-date with the fraud investi-gation community worldwide and anticipate new types of fraud encountered by clients.

What does your job involve on a daily basis? I work for the team at Grant Thornton UK LLP that special-ises in forensic work, asset tracing and recovery. My work involves managing forensic investigation and contentious insolvency cases using the powers granted under the Insol-vency Act 1986.

What types of cases do you investigate? My portfolio of cases includes a range of high profile in-structions with a cross-border aspect. These include, for example, the liquidation of Madoff Securities Internation-al Limited; bankruptcies; proceeds-of-crime cases; and court-appointed receiverships involving assets-tracing assignments in France, Luxembourg, Spain, Germany, the Netherlands, Morocco, BVI and the U.S. Most recent-ly, I have assisted with the court appointed receivership of Boris Berezovsky.

When did you decide to pursue the CFE credential? It was recommended to me by a colleague. She sug-gested I undertake the training as a way to gain techni-cal skills and validate my experience in the field of fraud investigation. She described it to me as a groundbreak-ing qualification with a growing network of members worldwide. Grant Thorn-ton is very supportive of individual initiative for staff development, so I or-dered the CFE Exam Prep Course and was the first employee to complete my CFE Exam.

What do you do when you’re not at work? I split my time between hot yoga, golf, Manda-rin Chinese lessons and completing a master of law in dispute resolution. I also visit my hometown of Strasbourg in Alsace on a regular basis. n

Bettina Kuntz, CFE Grant Thorton UK LLP

Investigator Casts Focus on Insolvency Cases

She described it to me as a groundbreaking qualification with a growing net-work of members worldwide.

Now is the time to take that next step.

6 | LEARN MORE Visit ACFE.com/Membership CALL +1 (512) 478-9000

Exclusive Member Resources:• Publications — Stay on top of the latest trends and new

developments, gain access to exclusive articles and videos, and find news, analysis and commentary on the global fight against fraud in a variety of formats including magazines, blogs and e-newsletters.

• Savings on Anti-Fraud Training — Last year ACFE members saved more than USD 3.5 million on the best anti-fraud training available.

• Articles and Reports — Dig into a wealth of relevant anti-fraud articles and reports on a variety of topics that reveal deeper insights into the various aspects of fraud.

• Tools — Risk assessments, sample documents and a database of CFEs to assist you with your most confound-ing fraud issues are just a few of the many tools available to ACFE members.

• Videos — Topics ranging from former Olympus CEO and whistleblower Michael Woodford telling his story to career videos targeted to anti-fraud professionals are available in our extensive and diverse video library.

• Podcasts — The ACFE’s monthly podcast, Fraud Talk, breaks down case studies, interviews the industry’s leading experts and provides the tools you need to spot, fight and prevent fraud.

• Online Career Center — Features a targeted job board; free monthly career webinars from top authors and career experts; career path information; advice from experts in the areas of career development, human resources, self-employment and career transitions; and résumé evaluations by an award-winning author and former hiring manager.

• Free Webinars — Earn free CPE while staying abreast of new topics with free, members-only webinars.

The CFE Credential:• Obtain the Certified Fraud Examiner

(CFE) credential and position yourself as an anti-fraud expert, helping to further your professional growth and advance your career. Only ACFE members may become CFEs.

• Increase your earning potential — According to the 2013/2014 Compensation Guide for Anti-Fraud Professionals, CFEs earn 25 percent more than their non-certified colleagues.

• Improve your marketability and job security — Robert Half International identifies the CFE as “in-demand…one of the most marketable credentials today,” and A.E. Feld-man, a leading executive search firm, states, “…the CFE has emerged as the gold standard in the area of fraud.”

Membership and CertificationToday, more than 70,000 ACFE members are protecting our

global economy and ensuring integrity in the marketplace by

leading the fight against fraud. Position yourself as a leader

in your profession by joining the ACFE. Gain access to com-

prehensive anti-fraud resources, expert training opportuni-

ties and valuable member benefits that will help you reach

your professional goals.

Earning the CFE credential has benefitted my career by making me more marketable. It’s an internationally established and recognised brand and since I work in a multi-national, multi-coun-try organisation, the CFE is a very valuable accreditation to have.

— Hita van Wyk, CFE, CA(SA) Old Mutual Plc

REgistER NOw Visit ACFE.com/training CALL +1 (512) 478-9000 | 7

3 wAys TO sAvE!

Early Registration SavingsFind the events that you want to attend. Register and pay before the Early Registration Deadline listed for the event (gen-erally one month before event start date) and SAVE USD 95 or more off of the regular price for the event.

Combo Event SavingsRegister to attend two events being held con-secutively in select cities and receive USD 100 in savings! Combo events are designated with this icon:

Group SavingsSelect the event that best suits the learning needs of your group. Gather a team of at least three or more individuals to register together. Call the ACFE at +1 (512) 478-9000 to determine your savings.

*Event price includes the cost of the 2014 CFE Exam Prep Course software. Participants who own an older version of the Prep Course may register for a discounted fee. Visit ACFE.com for rates.

Schedule subject to change. Visit ACFE.com/Training for the most up-to-date Calendar of Events.

Events by Location

Event Title Dates Location CPEACFE Members

Non-Members

Principles of Fraud Examination 14-17 April Austin, TX 28 USD 1195 USD 1395

Advanced Fraud Examination Techniques 15-17 September Austin, TX 24 USD 995 USD 1195

CFE Exam Review Course 3-6 November Austin, TX 30 USD 2295* USD 2295*

Principles of Fraud Examination 15-18 December Austin, TX 28 USD 1195 USD 1395

Investigating Conflicts of Interest 18 AugustBaltimore, Md

8 USD 295 USD 395

Contract and Procurement Fraud 19-20 August 16 USD 695 USD 845

Fraud-Related Compliance 21 AprilCharlotte, NC

8 USD 295 USD 395

Financial Institution Fraud 22-23 April 16 USD 695 USD 845

Legal Elements of Fraud Examination 23 AprilChicago, IL

8 USD 295 USD 395

Tracing and Recovering Fraud Losses 24-25 April 16 USD 795 USD 945

CFE Exam Review Course 18-21 August Chicago, IL 30 USD 2295* USD 2295*

Introduction to Digital Forensics 11-12 September Columbia, SC 16 USD 795 USD 945

Mortgage Fraud 7-8 April Columbus, OH 16 USD 695 USD 845

Auditing for Internal Fraud 18-19 August Denver, CO 16 USD 695 USD 845

2014 ACFE Asia-Pacific Fraud Conference 16-18 November Hong Kong 4-20 USD 1250 USD 1375

Investigating on the Internet 28-29 July Houston, TX 16 USD 695 USD 845

Bribery and Corruption 25-26 August Jakarta, Indonesia 16 USD 795 USD 945

Fraud Risk Management 20-21 August Kuala Lumpur, Malaysia 16 USD 795 USD 945

Effective Report Writing for Fraud Examiners September 2014Las Vegas, NV

8 USD 295 USD 395

Money Laundering Schemes September 2014 16 USD 695 USD 845

Financial Statement Fraud 18-19 August London, United Kingdom 16 USD 954 USD 1134

Health Care Fraud 8-9 September Los Angeles, CA 16 USD 695 USD 845

CFE Exam Review Course 27-30 October Nashville, TN 30 USD 2295* USD 2295*

Detecting Fraud Through Vendor Audits 19 MayNew York, NY

8 USD 295 USD 395

How to Testify 20-21 May 16 USD 795 USD 945

CFE Exam Review Course 14-17 July New York, NY 30 USD 2295* USD 2295*

Fraud Risk Management 3-4 April Ottawa, ON 16 USD 795 USD 945

Fraud-Related Compliance 21 Julyphiladelphia, pa

8 USD 295 USD 395

Conducting Internal Investigations 22-23 July 16 USD 695 USD 845

CFE Exam Review Course 28 April-1 May Phoenix, AZ 30 USD 2295* USD 2295*

25th Annual ACFE Global Fraud Conference 15-20 June San Antonio, TX 4-40 USD 1550 USD 1750

Financial Statement Fraud 14-15 July San Francisco, CA 16 USD 695 USD 845

NeW! Protecting Data and Intellectual Property November 2014 San Jose, CA 16 USD 695 USD 845

Updated! Using Data Analytics to Detect Fraud 24-25 April Singapore 16 USD 795 USD 945

2014 ACFE Canadian Fraud Conference September 2014 Toronto, ON 4-20 CAD 1150 CAD 1255

Auditing for Internal Fraud 24-25 July Vancouver, BC 16 USD 835 USD 992

CFE Exam Review Course 22-25 September Washington, D.C. 30 USD 2295* USD 2295*

Investigating on the Internet 2-3 October Washington, D.C. 16 USD 695 USD 845

2014 Calendar of Events

Register by 16 October and save USD 150! Visit ACFE.com/AsiaPac or email [email protected]. To register by phone, please see ACFE.com/Contact for the

local ACFE Asia-Pacific phone number in your country.

8 | REgistER NOw Visit ACFE.com/AsiaPac CALL +1 (512) 478-9000

Register today! Visit ACFE.com/AsiaPac

Hotel InformationInterContinental Hong Kong 18 Salisbury RdKowloon, Hong KongReservations†: +852 2721-1211 Room Rate*: HKD 2600 standardHotel Cut-Off Date: 14 October 2014

CPE Credit4-20

Course LevelBasic-Advanced

Advanced PreparationNone

PrerequisitesNone

†Accessible from landline phones only.

*Reservations subject to availability.

• Learn the latest trends in fraud prevention, detec-

tion and deterrence during interactive sessions,

educational workshops and an informative panel

discussion.

• Meet with high-level and distinguished speakers

from leading companies in the Asia-Pacific region.

• Gain insights to best practices from experienced

practitioners and learn about cutting-edge fraud

detection tools and techniques.

• Network and forge strong alliances with new and

existing contacts who share similar challenges and

goals.

2014 ACFE Asia-Pacific Fraud Conference

What challenges do companies in the Asia-Pacific

region face in the fight against fraud? How is fraud de-

tected and prevented by key executives from these com-

panies? What are some of the tried and tested strategies

used by leading practitioners?

Join fellow anti-fraud professionals from the Asia-Pacific region in Hong Kong, 16-18 November and:

Conference Fees

Registration Packages standard Registration(by 16 October 2014)

standard Registration(after 16 October 2014)

Full Conference (Includes Main Conference and Pre-Conference)

ACFE Members .....USD 1100Non-Members ...... USD 1225

ACFE Members ... USD 1250Non-Members .... USD 1375

Main Conference Only ACFE Members .......USD 925 Non-Members .......USD 1050

ACFE Members ... USD 1075 Non-Members .... USD 1200

Pre-Conference Only N/AACFE Members ..... USD 295 Non-Members ...... USD 395

Group RegistrationBring a team of three or more from your organisation and save an additional USD 25 on Full and Main Conference pack-ages. For details or to register, contact Member Services at [email protected] or call +1 (512) 478-9000.

HonG KonG16-18 november 2014

CPE CrEdit:4-20

2015 ACFE European Fraud Conference

Save the date for next year’s ACFE European Fraud Conference!

This premier event offers you the opportunity to exchange in-

sights and develop cutting-edge skills in the global fight against

fraud. In addition to attending informative sessions offering

practical techniques and tips, you’ll network with leaders of

Europe’s anti-fraud community and earn up to 20 CPE credits.

The 2015 ACFE European Fraud Conference will take place

22-24 March 2015 at the Park Plaza Victoria in London. Visit

ACFE.com/European for details.

REgistER NOw Visit ACFE.com/Conferences CALL +1 (512) 478-9000 | 9

2014 ACFE Canadian Fraud Conference

Discover cutting-edge techniques and proven

best practices for fighting fraud from Canada’s leading an-

ti-fraud experts at the 2014 ACFE Canadian Fraud Confer-

ence. With a stronger focus on elements of fraud, regulations

and laws specific to Canada, you’ll walk away with practical

skills that are relevant and can be immediately implemented

into your anti-fraud strategy.

In 2014, look forward to more anti-fraud learning opportuni-

ties than ever before. This year’s ACFE Canadian Fraud Conference will add two more tracks to the agenda, giving

you additional sessions to choose from. This expanded agenda offers a wide range of anti-fraud topics and sessions

for every career level, so you’ll be able to customise a schedule to match your educational needs.

Register early to guarantee your spot — plus save on your Full or Main Conference registration. Don’t miss this ex-

citing opportunity to connect with and learn from the region’s top anti-fraud professionals. To learn more or register

online, visit ACFE.com/Canadian.

Group RegistrationBring a team of three or more from your organisation and save an additional CAD 25 on Full and Main Conference packages. For details or to register, contact Member Services at [email protected] or call +1 (512) 478-9000.

CPE Credit4-20


PrerequisitesNone

Visit aCFe.com/Canadian for the latest information!

CPE CrEdit:4-20

CPE CrEdit:4-20

ToRonToSeptember 2014

London22-24 March 2015

Most Popular Event Packages International Pricing

Full Conference — Includes Pre-, Main & Post-Conference

(15-20 June 2014)

ACFE Members .......... USD 1100Non-Members ............ USD 1300

Main Conference only(16-18 June 2014)

ACFE Members ............ USD 800Non-Members ............ USD 1000

25th Annual ACFE Global Fraud Conference

Join nearly 3,000 anti-fraud professionals as the 25th

Annual ACFE Global Fraud Conference heads to Texas for

its 25th anniversary. As the world’s largest anti-fraud event,

the 2014 conference is a can’t-miss opportunity to gain the

knowledge, resources and connections you need for the fight against fraud.

CPE CrEdit:4-40

SAn AnTonIo, TX 15-20 June 2014

Reserve your spot now! Visit FraudConference.com/International

Hyatt Regency San Antonio123 Losoya (approx. 3 blocks, 4 minute walk to the Convention Center)San Antonio, TX 78205Reservation Phone: +1 (210) 222-1234

Hilton Palacio del Rio**200 S. Alamo Street (adjacent to the Convention Center)San Antonio, TX 78205

New for 2014!

With the rise of big data has come a big need for technolo-

gy, training and education. To address this demand, the 25th

Annual ACFE Global Fraud Conference has added an addi-

tional education track focused on data analytics. Track F:

“Data Analytics: Working Smarter and Harder with Big Data”

will feature six sessions led by the world’s top subject mat-

ter experts and provide practical advice and tools to help

you incorporate data analytics into your anti-fraud strategy.

Hotel InformationBook your accommodation by 21 May 2014, at one of these hotels to receive the ACFE group rate of USD169/night*.

Grand Hyatt San Antonio600 E Market St. (adjacent to the Convention Center)San Antonio, TX 78205Hotel Phone: +1 (210) 224-1234

Venue InformationHenry B. Gonzalez Convention Center200 E Market St.San Antonio, TX 78205

CPE Credit4-40


PrerequisitesNone


**Use code ACFE when booking to receive the group rate. Hotel Reservation Policy: At-tendee must submit a credit card or deposit equal to the first night’s room rate, plus tax as a guarantee, at the time the reservation is made. Attendee’s credit card will be charged the (1) night’s room rate plus tax at that time. Deposits are only refundable for cancellations re-ceived by Hilton Palacio del Rio at least (72) hours in advance of the confirmed arrival date.

In addition, the ACFE is working with leading data

analytic technology providers on special network-

ing opportunities, exclusive demos and more to

help you build the knowledge you need to be on

the cutting edge of the fight against fraud.

Visit FraudConference.com to learn more about

sessions in the Data Analytics track.

Conference Fees

Attendees traveling from outside of North Ameri-

ca are eligible to receive a special rate. To register

with this rate, please contact a Member Services

Representative at +1 (512) 478-9000 or download

the International Attendee Registration Form at

FraudConference.com/International.

10 | REgistER NOw Visit FraudConference.com CALL +1 (512) 478-9000

Last year, the Houston ACFE Chapter made assist-ing the ACFE Foundation one of its top priorities. In an effort to show their commitment, they collected, matched and donated USD 5,340 to the ACFE Foun-dation and the Ritchie-Jennings Memorial Scholarship Program in January.

“We are excited that our members and board came together to contribute to the scholarship programme. In my opinion, ACFE chapters are in the best position to help drive awareness and generate support for the scholarship programme,” said Houston ACFE Chapter President Ryan Hubbs, CFE. “Scholarships get distrib-uted to local members or individuals interested in the anti-fraud profession. Scholarship candidates must also interface with local CFEs and get recommendations to be considered for the award. In the end, award recipi-ents end up joining, volunteering, and in some instances leading the local chapters.”

The mission of the ACFE Foundation is to increase the body of anti-fraud knowledge by supporting future anti-fraud professionals worldwide through the fund-ing of the programme. The Ritchie-Jennings Memorial

Scholarship Program was named after two members of the ACFE, Larry Jennings, CFE, CPA; and Tracy Ritchie, CFE, CPA; both of Houston, Texas. They were among five people fatally wounded when terrorists in Karachi, Pakistan, fired upon their vehicle on 14 November 1997. Ritchie served as senior audit supervisor and Jennings served as audit manager for Houston-based Union Texas Petroleum Holdings Inc.

James D. Ratley, CFE, President and CEO of the ACFE, commented on the contribution. “The Houston chapter has made all of us proud through their commitment to raising funds for the Ritchie-Jennings Foundation and Scholarship Program. Their fundraising efforts will directly assist future anti-fraud professionals at the university level. The Houston chapter’s dedication to the programme also serves as an inspiration to chapters around the world that they, too, can make a difference and help support the foundation of our profession, both now and in the future.”

To learn more about the ACFE Foundation and the Ritchie-Jennings Scholarship Program, visit ACFE.com/Scholarship. n

Houston ACFE Chapter Donates USD 5,340 to Scholarship Program

Visit FraudConference.com to learn more today!

Keynote SpeakersThe ACFE Global Fraud Conference traditionally hosts the foremost experts in the anti-fraud field. This year’s keynote

speaker lineup features leaders who have made their impact on the fight against fraud on a global scale.

LOUIS FREEHFormer Director, Federal Bureau of Investigation CEO, Freeh Group International“America’s Top Corporate Investigator”

PROF. DR. PETER EIGEN

Founder, Transparency International

A leader in initiatives for better global governance and the

fight against corruption, Eigen founded Transparency Inter-

national (TI), the non-governmental organisation promoting transparency

and accountability in international development. He currently serves as

Chair of TI’s Advisory Council.

MARTIN KENNEy, CFE

Managing Partner, Martin Kenney & Co., Solicitors

International Asset Recovery Expert

As a specialist fraud investigation and asset recovery law-

yer, Kenney is widely regarded as a ground-breaker in the use of pre-emp-

tive remedies, multi-disciplinary teams and professional litigation funding

in response to global economic crime.

MARC GOODMANGlobal Strategist, Cyber Security Expert

Senior Advisor, Interpol Steering Committee on Information

Technology Crime

Over the past 20 years, Goodman has built an expertise in next genera-

tion security threats such as cybercrime, cyber terrorism and information

warfare, working with organisations such as Interpol, the United Nations

and NATO.

DINESH THAKURRanbaxy Whistleblower

Thakur’s eight-year collaboration

with the FDA and the Depart-

ment of Justice to uncover a dangerous fraud led

to a 2013 guilty plea by Ranbaxy and a ground-

breaking USD 500 million settlement, the largest

of its kind against a generic drug manufacturer.

Heralded for transform-

ing the FBI into a global

security institution, Freeh

was dubbed “the singu-

larly best-suited person in

America to run the FBI” by former New York

City Mayor Rudolph Giuliani. He has kept

his investigation skills sharp with high-pro-

file cases involving Penn State and BP.

REgistER NOw Visit FraudConference.com CALL +1 (512) 478-9000 | 11

12 | REgistER NOw Visit ACFE.com/POFE CALL +1 (512) 478-9000

Register early to save USd 200†! Visit ACFE.com/POFE

ScheduleAustin, TX 14-17 April 2014Omni Austin Hotel DowntownHotel Phone: +1 (512) 476-3700

Austin, TX15-18 December 2014AT&T Executive Education & Conference CenterHotel Phone: +1 (512) 404-3600Room Rate*: USD 159 single/doubleHotel Cut-Off Date: 14 Nov. 2014Early Registration Deadline†: 14 Nov. 2014

FeesACFE Members: USD 1195Non-Members: USD 1395

CPE Credit28

Course LevelBasic

PrerequisitesNone

*Reservations subject to availability. †Payment must be received by Early Registration Deadline to obtain savings.

You Will Learn How To:• Interpret the causes of fraud, and how to prevent and

deter future frauds by detecting red flags

• Conduct all steps of a fraud investigation, from planning the investigation and interviewing prospective witnesses to report writing

• Detect fraudulent financial transactions and conduct fraud risk assessments

• Identify occupational fraud schemes and external threats of fraud

• Analyse and manage financial information and recognise financial statement fraud

• Examine the legal issues that affect fraud examinations including rules of evidence, key legal rights and privacy issues, and testifying

Who Should Attend:• Business professionals, educators and students interest-

ed in the anti-fraud field

• Experienced fraud examiners seeking to complement their practical experience with the knowledge of leading anti-fraud experts

• Individuals who are considering starting a practise focused on fraud deterrence and detection

• Anti-fraud professionals interested in becoming Certified Fraud Examiners

Principles of Fraud Examination

Build a solid foundation in fraud prevention, detection

and deterrence with Principles of Fraud Examination, the most

comprehensive course on the subject. Explore the four basic

areas of fraud examination: fraud prevention and deterrence,

law, financial transactions and fraud schemes, and investiga-

tion. This course is taught by leading practitioners who will pro-

vide best-practises guidance and expert insight on dealing with

the professional challenges you encounter daily.

For 3½ days, immerse yourself in anti-fraud training while in-

teracting with colleagues and peers. The course includes lec-

tures, group discussions and video presentations.

While in Austin, attend the Open House reception at ACFE Global Headquar-ters. This will provide you the unique op-portunity to experience the Fraud Museum exhibit, tour the building and meet ACFE staff members as you visit the home of the world’s premier anti-fraud association.

CPE CrEdit:28

Upcoming CoursesAuSTIn, TX14-17 April 201415-18 december 2014

This course fulfils the annual ethics CPE requirement for CFEs.

REgistER NOw Visit ACFE.com/ExamReview CALL +1 (512) 478-9000 | 13

Register early to save USd 100†! Visit ACFE.com/ExamReview

Fees*USD 2295

CPE Credit30

Course LevelBasic

Benefits of Attending:• Structured Learning Environment — Learn how to

prepare for the CFE Exam

• Fast Track — Participate in an intense, 4-day preparation period

• Instructor-Led — Guidance from experienced instructors

• Interactive Sessions — Participate in open discussions on a variety of topics in fraud prevention

• Team Environment — Meet others preparing for the CFE Exam and CFE instructors who will help you organise study sessions to review materials, and provide you with tips and processes designed for the working professional’s busy schedule

Who Should Attend:• Anyone who prefers learning in an instructor-led,

classroom setting

• Individuals who favour table discussions with peers and experienced instructors

• Those who need extra encouragement to take the CFE Exam

CFE Exam Review CourseIf you are pursuing the Certified Fraud Examiner (CFE) credential, the CFE Exam Review Course will help you master the concepts tested on the CFE Exam: financial transactions and fraud schemes; law; investigation; and fraud prevention and deterrence. The 4-day, instructor-led course provides the essentials needed to prepare for the CFE Exam and become a Certified Fraud Examiner. This course, in conjunction with the CFE Exam Prep Course software (pg. 20), will provide you with an unbeatable combination for passing the exam.

Heightened fraud awareness combined with new laws and regulations have increased the already growing demand in the workforce for professionals who are highly skilled at fighting fraud. The CFE credential is the premier certifica-tion for anti-fraud professionals around the world. CFEs are specialists in the deterrence, detection and investigation of fraud, and possess a broad range of skills that uniquely qual-ifies them to effectively combat fraud.

What’s Included:• The CFE Exam Prep Course — a USD 945 value!

• Course materials that outline the exam and aid in preparation

• Essential knowledge from experienced instructors

PrerequisitesThis course is designed to review material required to pass the CFE Exam and assumes a basic knowledge of fraud examination princi-ples. If you are unfamiliar with the basic tenets of fraud examination, we recommend taking the Principles of Fraud Examination (pg.12) course in advance.

*Event price includes 2014 CFE Exam Prep Course. Participants who currently own an older version of the CFE Exam Prep Course can register for a discounted rate and get an upgrade to the 2014 CFE Exam Prep Course. Extra fee applies for taking the exam off-site.

Take the Exam at the EventTake the exam on-site while the material is still fresh in your mind. Go home knowing you’ve passed your CFE Exam and earn your CFE credential within days.


CPE CrEdit:30

Upcoming 2014 Courses

PHoEnIX, AZ 28 April-1 May nEW YoRK, nY 14-17 July

CHICAGo, IL 18-21 August

WASHInGTon, d.C. 22-25 September nASHVILLE, Tn 27-30 october AuSTIn, TX3-6 november

CERTIFIED FRAUDEXAMINER

Learn more by visiting ACFE.com/ExamReview

Register early to save USd 95†! Visit ACFE.com/BC

ScheduleJakarta, Indonesia25-26 August 2014Grand Hyatt JakartaJalan M.H. Thamrin Kav 28-30Jakarta, Indonesia 10350Hotel Phone: +62 21 2992 1234Room Rate*: USD 270 singleHotel Cut-Off Date: 18 August 2014Early Registration Deadline†: 25 July 2014


CPE Credit16

Field of StudySpecialised Knowledgeand Applications

Course LevelOverview

PrerequisitesNone



Fees vary by location.

You Will Learn How To:• Navigate the legal elements of bribery and corruption

• Implement policies and procedures to comply with major anti-corruption legislation and initiatives

• Identify common corruption schemes

• Evaluate the effectiveness of your anti-corruption compliance programme

• Conduct third-party due diligence

• Respond to red flags of corruption

• Manage investigations across international borders

Who Should Attend:• Attorneys, legal professionals and law enforcement

personnel

• Controllers and corporate managers

• Detectives and private investigators

• Forensic and management accountants, accounts payable and financial analysts

• Governance, risk management and compliance officers

• Internal and external auditors, CPAs and CAs

• Business professionals, educators and students interested in the anti-fraud field

• Certified Fraud Examiners and other anti-fraud professionals

Bribery and Corruption

A dramatic increase in the number of enforcements

and in the penalties paid during settlements have made bribery

and corruption key issues for many global organisations. The

extension of anti-corruption laws to vendors presents an add-

ed vulnerability. How do you ensure that both your employees

and the third parties that play a critical role for your organisa-

tion are following the rules?

Learn how to effectively incorporate anti-bribery and corrup-

tion compliance policies into your anti-fraud strategy at this

two-day ACFE seminar. You will gain an understanding of how to comply with anti-corruption legislation, guidance

and best practises, as well as how to protect against the twin threats of bribery and corruption, from identifying

possible violations to managing a global investigation.

14 | REgistER NOw Visit ACFE.com/BC CALL +1 (512) 478-9000

To register, visit ACFE.com/BC or email [email protected]. To register by phone, please see ACFE.com/Contact for the local ACFE Asia-Pacific phone number in your country.

CPE CrEdit:16

Upcoming Courses:JAKARTA, IndonESIA25-26 August 2014

REgistER NOw Visit ACFE.com/FsF CALL +1 (512) 478-9000 | 15

ScheduleLondon, UK18-19 August 2014Millennium Gloucester, KensingtonHotel Phone: +(44) (0) 207 331-3195Room Rate*: GBP 120 (exclusive of VAT)Group Code: ACF180814AHotel Cut-Off Date: 16 July 2014Early Registration Deadline†: 18 July 2014


CPE Credit16

Field of StudyAccounting

Course LevelOverview

PrerequisitesNone




You Will Learn How To:• Recognise the eight basic financial statement schemes

• Identify red flags of financial statement fraud

• Detect fraud using audit procedures

• Address issues that may affect discussion and analysis of the financial statements

• Understand the fraud implications of emerging issues in financial reporting

Who Should Attend:• Attorneys, legal professionals and law enforcement

personnel


• Forensic and management accountants, accounts pay-able and financial analysts



• Loss prevention and security professionals

• Business professionals, educators and students interest-ed in the anti-fraud field


Financial Statement Fraud

The complexity of financial statement fraud has re-

ceived considerable attention over the past few years and

will continue to cause concern. This course is designed for

those who regularly review and evaluate financial state-

ments. Auditors, both internal and independent, will ben-

efit from an enhanced understanding of what the numbers

mean and the increased ability to detect indicators of fraud.

This two-day, instructor-led course also discusses the

fraud-related responsibilities of financial professionals and

provides attendees with practical techniques to detect financial statement manipulation.

Register early to save USd 95†! Visit ACFE.com/FSF

Learn to review and evaluate financial statements efficiently and effectively.

CPE CrEdit:16

Upcoming Courses:London, uK 18-19 August 2014

16 | REgistER NOw Visit ACFE.com/FRM CALL +1 (512) 478-9000

Register early to save USd 95†! Visit ACFE.com/FRM

ScheduleKuala Lumpur20-21 August 2014InterContinental Kuala LumpurHotel Phone: +60 3 21611 1111Room Rate*: MYR 420 singleEarly Registration Deadline†: 21 July 2014


CPE Credit16

Field of StudyManagement Advisory Services

Course LevelIntermediate

PrerequisitesFamiliarity with common fraud schemes and risks




You Will Learn How To:• Identify fraud risks and the factors that influence them

• Analyse existing risk management frameworks and how they pertain to managing fraud risk

• Develop and implement the necessary components of a successful fraud risk management programme

• Identify the elements of a strong, ethical corporate culture

• Promote fraud awareness to employees at all levels of the organisation

Who Should Attend:• Bank and financial institution auditors






Fraud Risk Management

The field of risk management has attracted in-

creased mainstream attention in the wake of the economic

meltdown as the public has begun to comprehend the neg-

ative effects of uncontained risk. Unfortunately, many risk

management professionals tend to underestimate the role

of fraud in the scope of their professional duties.

With organisations losing an estimated 5 percent of their an-

nual revenues to fraud, the need for a strong anti-fraud stance

and proactive, comprehensive approach to combating fraud

is clear. As organisations increase their focus on risk, they

should take the opportunity to consider, enact and improve measures to detect, deter and prevent fraud. This course

will explain how organisations can integrate anti-fraud initiatives into their risk management programmes to:

• Identify, assess and manage fraud risks from all sources

• Support fraud risk management initiatives by establishing an anti-fraud culture and promoting fraud awareness throughout the organisation

• Develop a system of internal controls to address the entity’s fraud risks

• Address and respond to any identified instances of fraud

To register, visit ACFE.com/FRM or email [email protected]. To register by phone, please see ACFE.com/Contact for the local ACFE Asia-Pacific phone number in your country.

CPE CrEdit:16

Upcoming Courses:KuALA LuMPuR, MALAYSIA20-21 August 2014


REgistER NOw Visit ACFE.com/DA CALL +1 (512) 478-9000 | 17

ScheduleSingapore24-25 April 2014Marina Bay SandsHotel Phone: +65 6688 8889Room Rate*: SGD 310 single/doubleEmail for Reservations: [email protected]


CPE Credit16

Field of StudyAuditing

Course LevelBasic

PrerequisitesNone



You Will Learn How To:• Use data analytics to detect fraud

• Implement the full data analytics process, from determining which data to acquire to spotting the warning signs of fraud

• Use different tools available to perform data analytics

• Recognise common red flags of fraud that appear in the data

• Implement data analytics tests that can be used to detect numerous fraud schemes

• Analyse non-numeric data, such as text and timelines, for signs of fraud

Who Should Attend:• Controllers and corporate managers



• IT professionals


using data Analytics to detect Fraud

Using Data Analytics to Detect Fraud will intro-

duce you to the basic techniques of uncovering fraud through

data analysis. Taking a software-independent approach, this

two-day course provides numerous data analytics tests that can be used to detect various fraud schemes. You will

also discover how to examine and interpret the results of those tests to identify the red flags of fraud.

Updated!

The course was so good and highly recom-mended for auditors, accountants, investigators, criminal investigators and many more fields. The course was practical and very relevant to my field of work.

Loise Appollo Deputy Commissioner Operations

Tanzania Revenue Authority

To register, visit ACFE.com/DA or email [email protected]. To register by phone, please see ACFE.com/Contact for the local ACFE Asia-Pacific phone number in your country.

CPE CrEdit:16

Upcoming Courses:SInGAPoRE24-25 April 2014

18 | REgistER NOw Visit webinars.ACFE.com CALL +1 (512) 478-9000

Can’t be online when a webinar is scheduled? No problem —

simply register for the archived version, and attend at your

own convenience. You can also select from a wide variety of

past webinars, including topics such as:

ACFE Webinars

ACFE Webinars help you stay on the leading edge of

the fight against fraud by providing training and education on

the latest developments and current hot topics. You can also

earn CPE wherever you have Internet access, without worry-

ing about travel or shipping hassles. And ACFE Webinars are

focused on providing you with actionable insights you can

begin using in your work immediately — they are not thinly

veiled vendor commercials.

The ACFE Bookstore offers hundreds of resources including books and manuals, self-study CPE courses, the CFE Exam Prep Course, Merchandise and more. In this inter-view, Misty Carter, CFE, CIA, ACFE Research Specialist, offers her suggestion on one must-have ACFE resource to help you in your fight against fraud.

What is your professional background and current role at the ACFE? My professional background is in compliance and audit. Prior to joining the ACFE, I worked for a large pharmaceutical company and assisted with the implementation of a global continuous monitoring fraud solution for travel and enter-tainment; this role exposed me to various types of expense reimbursement fraud schemes. Currently, I am a Research Specialist in the Research Department at the ACFE. In this position, I assist with the development and production of ACFE’s training materials and publications.

What ACFE bookstore product would you recommend as a beneficial resource to CFEs? The self-study course, Finding the Truth: Effective Tech-niques for Interview and Communication, is a beneficial resource because it outlines the skills needed to become a better communicator, interviewer and report writer.

Why would CFEs be interested in this product?

This self-study course is designed to help CFEs become more effective in their roles, regardless of the field they are in. The section on communication provides guidance on how CFEs can improve their communication style, both verbally and non-verbally. Nonverbal cues of communication are outlined in detail which can assist any CFE in becoming better aware of signs of deception. Another topic included in this course is related to interviewing. This section contains specific details on how to prepare for an interview, the mechanics of the interview process and impediments to an interview. This course also provides tips and guidance on how to structure a report, elements to include, and “do’s” and “don’ts” of preparing a report. Overall this course would be valuable for any CFE.

How is the information in this product useful for CFEs in their professional roles? Whether they are seasoned professionals or just starting their careers, one thing all CFEs have in common is that at some point in their career they will have to communicate with someone. This self-study course is useful to CFEs be-cause it contains timely information that can be used to im-prove their communication skills. The sections on interview-ing and report writing are useful because they are structured in a way that allows CFEs to understand each process from beginning to end. After completing the course, CFEs should have the knowledge and ability to effectively conduct an in-terview, better communicate both verbally and non-verbally, and successfully write a report from beginning to end. n

ACFE Bookstore Staff Pick: Finding the Truth: Effective Techniques for Interview and Communication

• Fraud-Related Interviewing

• Ethics in an Unethical World

• Business Corruption and FCPA Issues in China

• Integrating Advanced Data Analytics to Identify Rogue Employee Behaviour

Misty Carter, CFE, CIA Research Specialist ACFE

See pg. 29

Upcoming Courses:PuTTInG MoRE EMPHASIS on unCoVERInG FRAud duRInG AudITS29 May 2014

*Topics and schedule subject to change.

CPE CrEdit:2

For the most current information on up-coming webinars, plus access to the wide selection of archived webinars, please visit webinars.ACFE.com.

ACFE faculty members are leading experts in various aspects of detecting, preventing and deterring fraud. They combine years of practical, professional experience with exceptional speaking and presentation skills. Although they come from diverse backgrounds, they all share a common commitment to giving you knowledge, strategies and techniques you can begin applying immediately to become more effective at fighting fraud.

Course leaders subject to change. Visit ACFE.com/Faculty for updated information.

For detailed bios of aCFe faculty, visit aCFe.com/Faculty

Andrew H. Kautz, CFENational Claims Manager, Central Risk and Insurance, Management Services Ltd.

Jean-François Legault, CFE, CISSP, CISA, CISMVice President,Assistant Director of High Tech Investigation,JPMorgan Chase

Walter W. Manning, CFEDirector,Techno-Crime Institute

Tamara May, CFE, CPC-P, PMPPresident,T.R. Turner & Associates Inc.

Janet McHard, CFE, CPA, CFFAPresident, McHard Accounting Consulting, LLC

Sheila Moran, CFE, CPAPrincipal, BDR Advisors, LLC

Don Rabon, CFEPresident, Successful Interviewing Techniques

James D. Ratley, CFEPresident and CEO, Association of Certified Fraud Examiners

Phillip Rodokanakis, CFE, EDM, EnCE, ACE, DFCPManaging Director,U.S. Data Forensics, LLC

Christopher Rosetti, CFE, CPAFraud Investigator

Alton Sizemore Jr., CFE, CPADirector of Investigations, Forensic Strategic Solutions Inc.

Ralph Q. Summerford, CFE, CPA/ABV, CIRAPresident, Forensic Strategic Solutions, Inc.

E. Michael Thomas, CFE, CBA, CIA, CPA, CRPPartner, Crowe Horwath, LLP

Jonathan E. Turner, CFE, CIIPartner, Wilson and Turner, Inc.

Randal A. Wolverton, CFE, CPARandal A. Wolverton CPA LLC

Gerard M. Zack, CFE, CPA, CIA, ACFE FellowPresident,Zack, P.C.

ACFE FacultyJenny Brawley, CFEMortgage Fraud Investigations Associate Director,Freddie Mac

Allen F. Brown, CFE, CPAFormer Assistant Legislative Auditor

Rebecca S. Busch, RN, CFECEO and President, Medical Business Associates, Inc.

Jim Butterworth, CFEExecutive Director of Services,ManTech

J. Steven Clark, J.D., CFEAttorney at Law,President and CEO,Fayetteville Chamber of Commerce

Tiffany Couch, CFE, CPA Principal, Acuity Forensics

J. Aaron Christopher, CFE, CPAVice President and CFO,John F. Kennedy University

Bruce Dorris, J.D., CFE, CPA, CVAVice President and Program Director, Association of Certified Fraud Examiners

Eric Feldman, CFE, CIGPresident,Core Integrity Group, LLC

John Gill, J.D., CFEVice President – Education, Association of Certified Fraud Examiners

Cynthia Hetherington, CFEPresident,Hetherington Group

Hugo A. Holland, Jr., J.D., CFEProsecutor,State of Louisiana

Ryan Hubbs, CFE, CCSA, CIAForensic Audit Manager,Halliburton

REgistER NOw Visit ACFE.com/Faculty CALL +1 (512) 478-9000 | 19

20 | ORDER NOw Visit ACFE.com/Prep CALL +1 (512) 478-9000

Learn more by visiting aCFe.com/prep

Effective CFE Exam Preparation

The 2014 CFE Exam Prep Course provides the most effective training available to prepare you for the CFE Exam, allowing you to study on your own time, at your own pace.

Featuring study questions and practise exams that simulate the CFE Exam experience, the CFE Exam Prep Course has been designed to prepare you to pass the rigorous CFE Exam.

• More than 1,400 study questions review important con-cepts with an explanation of the correct answer.

• Simulate the CFE Exam environment with timed practise exams.

• Prepare for the CFE Exam with confidence knowing that the CFE Exam Prep Course is backed by our Money-Back Pass Guarantee.

user-friendly Software• This easy-to-use software puts the most relevant informa-

tion at your fingertips. Quickly review your Prep Course progress by subsection and topic, access on-screen help menus and study tips, and stay on track to meet your target certification date.

• Get answers to your questions fast with Guides to Success, on-screen FAQs and an improved help section.

• Stay on track to earn your CFE credential by measuring your progress towards your target dates for certification and using helpful checklists within the Prep Course software.

Efficient Use of Your Study Time• The CFE Exam Prep Course streamlines CFE Exam prepa-

ration. Use your time more efficiently by focusing on the areas you need to study the most.

• Create a personalised study plan tailored to your individu-al strengths and weaknesses with an optional 100- question Pre-Assessment.

• Pick the sections and topics most relevant to your exam preparation by creating custom review sessions.

• Learn more from your Practise Exam sessions by review-ing the questions you missed, analysing your results by subsection and tracking your progress over time.

• Focus on the areas where you need the most work with enhanced review of results and progress by exam sec-tion, subsection and topic.

2014 CFE Exam Prep Course™, International EditionThe CFE Exam Prep Course is designed to help you prepare

for the rigorous CFE Exam at your convenience with a flexi-

ble self-study format. The software focuses on the four sec-

tions of the CFE Exam providing study questions and prac-

tise exams that cover topics that often appear on the exam.

Establish yourself as an anti-fraud expert and advance your career by obtaining the CFE credential. The CFE Exam Prep Course is the most effective tool available to prepare you to pass the rigorous CFE Exam.

Members-Only Installment Plan — ACFE members have the option to participate in the Members-Only Installment Plan with only six monthly payments of USD 130 each for the CFE Exam Prep Course or USD 160 each for the CFE Exam Prep Toolkit (Credit card only. Includes administration fee. There is an additional charge for shipping outside the U.S.). For more information, call an ACFE Member Services Representative at +1 (512) 478-9000. A member is not eligible to be certified after passing the CFE Exam until all installment plan payments have been received.

USd 745 Members / USD 945 Non-Members

Just finished the Prep Course and CFE Exam online via my iPad, it worked flawlessly… great job ACFE!

Jeffrey Kraft, CFE

ORDER NOw Visit ACFE.com/Prep | 21

You can now stay connected to the ACFE and its

services via the new ACFE app available for iPhone®.

You can access almost anything that you’d normally

need from ACFE.com, including:

• Videos and podcasts

• The latest fraud news

• Templates and sample documents

• Anti-fraud training and other resources

• Your ACFE membership card

Go to ACFE.com/App to see screen shots and obtain the download link, or search for ACFE in the App StoreSM.

“Our members deserve to take advantage of their ben-efits in the fastest possible ways,” says James D. Ratley, CFE, President and CEO of the ACFE. “We believe the ACFE app will make it even easier for them to find the information they need.” n

2014 CFE Exam Prep Toolkit, International Edition

Acquire the tools you need to prepare for the rigorous CFE Exam with the 2014 CFE Exam Prep Toolkit, International Edition.

This toolkit consists of three invaluable study tools, including:

• 2014 CFE Exam Prep Course, International Edition — The latest edition of this comprehensive tool to help you become a Certi-fied Fraud Examiner. The updated 2014 CFE Exam Prep Course is a computer self-study course that prepares you for the exam while letting you study at your own pace.

• 2014 Printed Fraud Examiners Manual, International Edition — The premier reference guide for CFEs and other anti-fraud pro-fessionals. This 2,000-page guide is divided into four sections including: Financial Transactions & Fraud Schemes, Investiga-tion, Law, and Fraud Prevention and Deterrence.

• 2014 CFE Exam Prep Flashcards — Designed to be used in tandem with the CFE Exam Prep Course, this set of more than 800 cards will help you become familiar with the terminology and concepts that will be covered on the CFE Exam.


ACFE Now Always at your Fingertips

The CFE Prep software format helps you easily absorb the content and gain a true understanding of the subject matter.

Brigham Young, CFE, CIA, CCSA Southern Company Services

Download workbook CD-ROM DvD Online

The Apple logo and iPhone are trademarks of Ap-ple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

22 | ORDER NOw Visit ACFE.com/shop CALL +1 (512) 478-9000

Self-

Stud

y CP

E

CPE Credit: 8Course Level: BasicPrerequisite: none

pdF Workbook:USd 109 Members / USD 129 Non-Members

dVd/Workbook Set:USd 129 Members /USD 179 Non-Members

Inside the Fraudster’s MindUnderstanding the thoughts and feelings of a fraudster

can provide valuable insight to enhance an organisation’s

anti-fraud efforts. Knowing why fraudsters commit their

crimes can help you learn how to prevent fraud by ad-

dressing the circumstances that lead to it. Gaining insight

into the way perpetrators rationalise their actions can also

help you deter others from forming similar rationalisations

in the future. And possessing an understanding of the hu-

man element of fraud might give you an edge in gaining

an admission during an interview.

you Will Learn How To:

• Analyse the psychology of human behavior

• Compare the categories of perpetrators and how they are correlated to the reasons perpetrators commit crimes

• Identify common motivations for committing fraud

• Categorise 10 common critical thinking errors associated with ethical behavior

• Recognise popular rationalisations for committing fraud

• Use this information as an important piece of the fraud- prevention-and-detection puzzle

The course was interesting and even after over 30 years as an in-vestigator I gained some new insights.”

Nina Blemmer

Your self-study courses offer a very cost-effective way to learn new topics and expand one’s skill as a CFE. I love the flexibility to study on my own time. With kids, work, home responsibilities, etc. that option is perfect.”

Anthony R. Coghlan, CFE Director, Finance Division, Freddie Mac

Helped me keep my mind sharp about the thinking process of a fraud committer.”

Matthew Smith, CFE, CPA Manager, Barr, Anderson & Roberts, PSC


ORDER NOw Visit ACFE.com/shop | 23 Download Workbook CD-ROM DVD Online

= This course fulfils the annual ethics CPE requirement for CFEs.

How to Build an Effective Ethics ProgramCourse Level: Basic | Prerequisite: none

How to Build an Effective Ethics Program discusses how to as-sess the ethical climate of your organisation to determine what changes need to be made. The course also teaches you how to write and implement an effective ethics and whistleblower policy. Finally, it examines some challenges faced after an ethics programme has been implemented and provides tips to ensure the programme remains successful.


• Understand why good people do bad things

• Recognise the need for and components of effective ethics risk assessments and ethics audits

• Identify the essential components of a formal ethics policy and a whistleblower policy

• Assess the need for an executive-specific ethics policy

• Formulate an effective ethics training programme

• Evaluate the ethics of potential employees

• Incorporate ethics into the culture of an organisation


Practical Ethics for Fraud Examiners Course Level: Basic | Prerequisite: none

In today’s business climate, ethics is more than simply taking the moral high road — it is a matter of self-preservation. Fraud examiners face many situations that require ethical reflection as part of their daily lives, and often there is no obvious line between right and wrong.

Consequently, you might find yourself on a slippery slope when it comes to determining the best course of action. This course will discuss how codes of ethics, conduct and practice in general — and the CFE Code of Professional Ethics and CFE Code of Professional Standards, in specific — provide guidance when you are confronted with ethical uncertainty in professional situations.


Common Ethical Lapses by CFEsCourse Level: overview | Prerequisite: none

Proper ethical conduct is critical for professionals such as fraud examiners. The complexity and difficulty of the anti-fraud profession requires and demands that fraud examiners operate and conduct themselves with the highest level of ethical conduct. This course is designed to educate you about common circum-stances that lead to ethical lapses in judgment and help you gain insights regarding the potential consequences of your actions.


Ethical Issues for Fraud Examiners Course Level: Basic | Prerequisite: none

Ethical Issues for Fraud Examiners will help you understand what constitutes an ethical dilemma and develop an aware-ness of ethical issues faced by fraud examiners. The course also presents six fictional scenarios that illustrate potential ethi-cal situations that pertain to fraud examinations. The purpose of these scenarios is not to provide you with solutions, but rather to familiarise you with some types of ethical dilemmas that might arise in a fraud examination.


CPE Credit: 3 CPE Credit: 2

NEw!

CPE Credit: 2

BEst sELLER!

CPE Credit: 2


Self-

Stud

y CP

ECPE Credit: 6 BEst sELLER!

CPE Credit: 4

uK Bribery Act: Compliance and InvestigationCourse Level: Intermediate

Prerequisite: Experience with international organisations

The UK Bribery Act is a demanding statute that requires companies to employ due diligence in preventing vio-lations when conducting business in foreign countries. Companies are best positioned to minimise violations by implementing anti-bribery programmes into their operations.

This course provides you with relevant information on the current legal and regulatory framework of the move-ment to combat bribery in international trade.


FCPA Investigations: Combating Corruption in International Business Course Level: Intermediate

Prerequisite: Experience with international organisations and understanding of basic fraud examination techniques

FCPA Investigations: Combating Corruption in Inter-national Business provides an overview of the FCPA, discusses how you should respond to evidence of cor-ruption, presents a roadmap that will help you conduct investigations of suspected corruption and discusses how to conclude an investigation.


Investigating Money Laundering Course Level: Intermediate

Prerequisite: understanding of money laundering and basic fraud examination techniques

Money laundering operations are designed to take the proceeds of illegal activity, such as profits from fraud, and disguise the existence, source or application of those funds so the proceeds appear to come from a legitimate source. This course explores the money laundering process by reviewing the methods used to launder funds, discussing the laws and the regulations used to combat money laundering and explaining tech-niques used to investigate it.


FCPA Compliance: Creating an Effective Anti-Corruption Compliance Program Course Level: Intermediate

Prerequisite: Experience with international organisations

FCPA Compliance provides relevant information on the current legal and regulatory framework of the U.S. government’s efforts to combat bribery in international trade. More specifically, this course provides an over-view of the FCPA and other international anti-corruption initiatives, advises how companies can establish compli-ance programmes to detect and minimise violations of law and examines bribery risk assessments. The course also includes recent FCPA guidance from the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission (SEC).


CPE Credit: 4

CPE Credit: 4


The ACFE Law Enforcement and Government Partnership

We are pleased to welcome three new members to the Law Enforcement and Government Partnership (LEGP): The Saginaw Township Police, Saginaw, MI, the Risk Management and Information Security Department of the City of Toronto, and the Texas Al-coholic Beverage Commission. While these agencies vary in size and origin, one thing is the same — their commitment to fighting fraud.

Fraud is an ever-growing problem in today’s world and it is important to bring uniformity to investiga-tions, audits and other forms of detection to combat it. The LEGP provides a variety of benefits to domes-tic and international agencies at the federal, state and local levels upon recognition of the Certified Fraud Examiner (CFE) credential. Joining the LEGP gives your team the opportunity to build a shared understanding of anti-fraud measures, strengthens your agency’s image and builds name recognition within the global anti-fraud community.

Benefits of the programme include discounts on CFE certification, ACFE conferences, seminars and other learning methods. There are no application materials for the LEGP programme and joining is free. Simply send a letter stating the intent of your agency to join the programme and your recognition of the merit of the CFE credential. n

For more information on how to participate, please contact Sarah Ellis, CFE, at [email protected] or visit ACFE.com/LEGP. To receive updates on the latest agencies to enroll in the LEGP and connect with more than 700 LinkedIn members in the public sector who are dedicated to fraud prevention and detection, join the ACFE Law Enforcement and Government Partnership group on LinkedIn.

Internal Investigations in Canada: Gathering and Protecting EvidenceCourse Level: Intermediate

Prerequisite: understanding of basic fraud examination techniques

Conducting an internal investigation can be a difficult task. Internal investigations, by their very nature, tend to involve accusations of wrongdoing against employees within the or-ganisation and can be disruptive, as well as costly, distract-ing, and time consuming; however, internal investigations are often necessary for the well-being of the company. This online self-study course will explore gathering and protect-ing evidence to ensure your investigation is successful.


Internal Investigations in Canada: Interviewing and ReportingCourse Level: Intermediate


Interviewing and report writing are both critical skills neces-sary when conducting an internal investigation. This online CPE course explores the strategies necessary to conduct a successful interview, from the initial planning stages to ob-taining a signed statement, and discusses how to success-fully report the results for your investigation.


NEw!

CPE Credit: 4

NEw!

CPE Credit: 4


Self-

Stud

y CP

ECPE Credit: 4

NEw!

CPE Credit: 2

NEw!

CPE Credit: 4

Corporate Governance for Fraud Prevention Course Level: Intermediate

Prerequisite: Knowledge of basic internal controls and risk assessment

Corporate Governance for Fraud Prevention describes the principles, functions and essential components of a corporate governance system. It addresses the contro-versy of CEO duality, the recommended committees any organisation should have on its board of directors and how to set the appropriate tone at the top. The course also discusses corporate governance best practises that you can tailor to your organisation’s structure and needs since there is no one-size-fits-all approach.


• List the reasons why effective corporate gover-nance is necessary for a company and for the economy

• Define “CEO duality” and describe its inherent problems

• List the three board committees recommended by best practises

• Identify the necessary components of a whistleblower policy

• Differentiate between incentivising ethical be-haviour and sanctioning unethical behaviour


Internal Controls for data SecurityCourse Level: overview | Prerequisite: none

This course examines the multifarious threats to data security, and provides context for the environments in which they flourish, as well as strategies for their mit-igation. This course will provide you with an overview of basic internal controls, current threats facing data security, and the potential consequences of emerging technological trends such as cloud computing and Bring Your Own Device (BYOD).


data Analysis Techniques for Fraud Examiners Course Level: overview | Prerequisite: none

This course will introduce you to the basics of using data analysis to uncover fraud. You will work through several interactive examples to illustrate simple anal-ysis techniques. With these examples, you will learn how to perform a variety of tests and interpret the results to identify common red flags of fraud.


• Describe the four phases of the data analysis process and why it is important to have a formal process

• Identify common red flags that appear in fraud-ulent data

• Select the appropriate data analysis tools for a particular investigation

• List fundamental data analysis techniques that can be applied to almost any investigation

• Determine data analysis techniques to use depending on the type of fraud scheme under investigation

• Evaluate unstructured data, such as text, for signs of fraud


Bribery in International Business Transactions Course Level: Intermediate


Bribery, corruption and money laundering are often regarded as acceptable costs of doing business, particularly in international exchanges. The ACFE’s comprehensive course, Bribery in International Business Transactions, illustrates the importance of combating these frauds on a global basis and the need to design and implement international standards. This course also provides an in-depth examination of international bribery and its impact on businesses worldwide.


CPE Credit: 8

= This course fulfils the annual ethics CPE requirement for CFEs.

CPE Credit: 2

Introduction to Fraud SchemesCourse Level: Basic | Prerequisite: none

Fraud can be devastating to a business, especially in today’s turbulent economy. Even more alarming, as financial pressures bear down on individuals, their need for money and rationalisation to commit fraud grow. With this online self-study course from the ACFE, learn to recognise some of the most common and threaten-ing internal and external fraud schemes including asset misappro-priations schemes, fraud by vendors and corruption.


other People’s Money: The Basics of Asset MisappropriationCourse Level: Basic | Prerequisite: none

This course examines common asset misappropriation schemes, informing you of the red flags of each scheme and outlining steps for preventing and detecting them. Learn how to take control and prevent employees and others from committing occupational fraud with this course.


CPE Credit: 16


BEst sELLER!

CPE Credit: 3

Fraud Risk AssessmentCourse Level: Intermediate Prerequisite: Familiarity with common fraud schemes and risks

Fraud Risk Assessment provides an overview of fraud risk, explores the risk assessment process and provides you with a helpful framework for conducting and reporting on your own fraud risk assessment.


• Identify what makes a good fraud risk assessment

• Assess important considerations for developing an effec-tive fraud risk assessment

• Outline the components of a fraud risk management programme

• Analyse COSO and other risk management frameworks


CPE Credit: 4

Internal Controls for Fraud PreventionCourse Level: Basic | Prerequisite: none

This online self-study course explores the key roles in preventive controls, essential components of internal controls, inherent limitations of internal controls and much more.

It gave a very hands-on approach on how to design your internal control system to make it more fraud resistant.”

Michael Andersson, CIA Group Finance, Audit Director



Self-

Stud

y CP

E

CPE Credit: 2

CPE Credit: 2

CPE Credit: 3CPE Credit: 3

Interviewing Prospective WitnessesCourse Level: Basic | Prerequisite: none

An interview is a well-structured question-and-answer session designed to gather information. It differs from an ordinary conversation in that the interview is structured, not free-form, and is designed for a purpose. Interview-ing Prospective Witnesses offers an introduction to interviewing by examining the interview process, from interview preparation to the conclusion, and presenting helpful tips to make your next interview successful.


• Compare the different types of interview questions

• Analyse the mechanics of an interview

• Develop effective interview questions

• Identify interviewing obstacles


Managing and organising a Successful Fraud ExaminationCourse Level: Basic | Prerequisite: none

Often, the success of a fraud examination depends on the way it is managed and organised. This course addresses the various managerial and organisational challenges and issues that you might face when con-ducting fraud examinations.


• Organise and manage the different tasks and records needed to complete a fraud investigation

• Manage and motivate the members of an investigation team

• Comprehend appropriate procedures for collect-ing and handling evidence so that it will later be accepted by a court

• Apply appropriate processes to assess, maintain and organise information obtained in an investi-gation

• Coordinate and execute the interviewing process.


Planning and Preparing for a Successful Fraud ExaminationCourse Level: Basic | Prerequisite: none

When an allegation of fraud is made, the first steps you take are critical to the investigation. Are you ready to respond? Planning and Preparing for a Successful Fraud Examination explores the steps that you should take when an allegation is brought forward. From developing a response plan to building your fraud examination team and conducting interviews, this course will help you to respond quickly, efficiently and effectively when an allegation of fraud is received.


• Respond to evidence of fraud in an appropriate and timely manner

• Build and manage a fraud examination team

• Plan and organise a fraud investigation

• Explain the initial steps necessary to begin a fraud examination

• Identify potential sources of information

• Assess the factors to consider when planning for interviews

• Choose an appropriate type and format of report


Written Statement AnalysisCourse Level: overview | Prerequisite: none

Written statement analysis is the process of detecting deception by evaluating the contents of a documented statement. This course will teach you to understand how every word plays a part in a statement and identify signs of fabrication from the written page.


• Analyse word choice and sentence structure to discern deception

• Recognise the potential implications of changes in voice and tense

• Interpret the possible motivations behind a subject’s use of semantics



CPE Credit: 2

CPE Credit: 2 CPE Credit: 10

CPE Credit: 20

Report Writing and Signed StatementsCourse Level: Basic | Prerequisite: none

Although often overlooked, report writing is a critical part of the fraud examination process. A strong fraud examination report conveys all of the evidence and gives credibility to the fraud examination and to your work. With this online self-study course, ensure that the results of your next fraud examination are not lost in the report. Report Writing and Signed Statements provides a thorough review of the report writing process including expert tips and a downloadable sample report you can use on your next examination.


Conducting Admission-Seeking InterviewsCourse Level: Basic | Prerequisite: none

Conducting Admission-Seeking Interviews explores the tech-niques necessary to conduct a successful interview. Including tips and techniques from experienced anti-fraud experts, this course will examine the steps of an admission-seeking interview, signs to identify deception, legal considerations and much more.


Beyond the numbersCourse Level: Basic | Prerequisite: none

Explore the psychology of the interview process and learn the right way to conduct interviews with this intriguing self-study learning tool. Scott Barefoot, CFE, conducts three interviews in the online videos in which he deftly handles difficult and sensitive situations. The workbook reinforces interview concepts and gives practical insights on how you can improve your interviewing skills.


• Analyse the psychology of the interview process

• Organise interviews effectively

• Use interview techniques tailored for specific situations

• Employ various interview questions and know when to do so

• Recognise legal pitfalls encountered during interviews


Finding the Truth: Effective Techniques for Interview and CommunicationCourse Level: Basic | Prerequisite: none

Every day, auditors, investigators, lawyers and other profession-als are required to interview and elicit information from people as part of their jobs. This self-study course discusses the skills necessary to become a better communicator and a more effec-tive interviewer.


• Evaluate written and oral communications

• Recognise non-verbal and verbal contaminants and detect linguistic clues

• Prepare for the interview and recognise the legal implications of interviewing

• Create a written report of the interview


StaFF pICk!


Mer

chan

dise

ACFE WatchAvailable in Men’s and Women’s styles

Be on time and impress with this stylish reminder of your commitment to fighting fraud. The ACFE Watch features an adjustable stainless steel band, scratch-resistant mineral glass,

quartz movement and a navy face stamped with the ACFE Seal. It is also water resistant to 30 meters.

UsD 39 Members / USD 59 Non-Members

Checkpoint-Friendly Compu-BackpackTraveling with your laptop has never been easier. This Checkpoint-Friendly Compu-Backpack has plenty of room to haul all your gear to your next fraud examina-tion. The backpack also features a laptop-only section that unfolds to lay flat on the X-ray belt for additional convenience when moving through security.

Features:

• Side entry laptop compartment holds up to 43 cm computer

• Spacious main zippered compartment includes a dedicated padded iPad pocket and removable techtrap iPad case and stand

• Embroidered ACFE Seal


Business Card HolderDisplay your business card at home or the office with this basswood business card holder fea-turing a 2 cm die struck nickel silver ACFE Seal.


ACFE Executive PenAvailable in Gunmetal, White, Silver or Black

The ACFE Executive Pen features the ACFE logo laser-etched into a Parker IM Rollerball. Featuring intricate

grooved details and a standard black roller-ball ink cartridge, the ACFE Executive Pen has style that delights both the eye and the hand.

USD 19 Members / USD 25 Non-Members

ACFE Challenge CoinSince their origin in World War I, challenge coins have been used to unite members of organisations sharing a common goal. Featuring the ACFE Seal and tagline, the ACFE Challenge Coin symbolis-es your commitment to reduce fraud worldwide.


A New Era in Fraud Management: You Need more thaN a hotliNe

research has proven that a hotline will reduce the median lifespan of a fraud scheme by 12 months, and lower median loss by 44%.* But what if you could identify systemic weaknesses and prevent fraudulent activity from taking hold in the first place?

Building the Better mousetrap

ethicsline®, the official hotline of the aCFe, delivers state-of-the-art tip line telephony to thousands of Fraud

management teams around the world. We’re also helping to mitigate risk throughout the organisation, building a

stronger ethical culture where fraud is less likely to occur.

EthicsLine products and services include:

• Hotline: phone-based, web and mobile report intake

• Case Management: web-based investigation and case handling system

• Analytics & Benchmarking: tracking, trending, and year-over-year effectiveness metrics

• Policy Management: document management and policy attestation

• Online Training: timely, engaging and flexible training programs

• Communication Programs: customisable posters, wallet cards and email outreach reminding staff

and stakeholders about the importance of reporting misconduct

• Advisory Services: improve the effectiveness of your fraud prevention and compliance programs

For more information, visit us online at:

ethicsline.comPoWered BY NaVeX GloBal

[email protected]

*2012 aCFe report to the Nations.*2012 ACFE Report to the Nations.

Don’t miss your chance to attenD the worlD’s largest anti-frauD event

register today at FraudConference.com

LOUIS J. FREEH Former FBI Director, “Corporate America’s Top Investigator”

PETER EIGENFounder,Transparency International

MARTIN KENNEy International Asset Recovery Expert

FeatURed keYNote SpeakeRS INCLUde:

Reserve your spot today!

CHANGE SERVICE REQUESTED

GLOBAL HEAdquARTERS • THE GREGOR BuiLdiNG716 West Ave • Austin, TX 78701-2727 • uSA

Documents

Spring 2014...Building investigative skills requires the proper training. Courses like Conducting Internal Investiga-tions and Professional Interviewing Skills — among many others