Presentation: Navigating the Risks of Procurement Fraud

Speakers: Seth Fisher, Partner, PwC Forensics Services & Amy Keiter, Manager, PwC Forensics Services

Seth Fisher is a Partner in PwC's Houston Forensic Services practice.  Mr. Fisher has over 15 years of experience in providing business and financial consulting to clients operating in a wide range of industries, including energy, real estate, financial services, software and technology.  Mr. Fisher has been involved in corporate investigations, due diligence, litigation support and other consulting assignments regarding matters involving anticorruption, complex accounting, commercial contracts, construction projects, revenue recognition, securities litigation and other forensic accounting matters. 

Amy Keiter is a Manager in PwC’s Houston Forensic Services practice. Ms. Keiter has more than 11 years of business experience, including providing forensic accounting services to companies and their counsel with investigations, commercial disputes, financial accounting analysis, and contractual and regulatory compliance. She has provided services to companies in numerous industries including energy and mining, technology, manufacturing, distribution, retail, airline, entertainment, and telecommunications.

Presentation Description:

“Procurement fraud is a double threat. It victimizes businesses in their own acquisition of goods and services. And it prevents companies from competing fairly and successfully for business opportunities subject to a commercial or public tender process.”  - PwC Global Economic Crime Survey 

This seminar will discuss the following: common frauds and risks related to the procurement cycle, common third party vendor fraud risks, vendor selection, risks associated with contract management, and management override of controls. In addition, we will discuss recent legislation related to vendor risks, such as the UK Modern Slavery Act.

CPE Credits: 1.0 CPE Hours

Agenda:

Learning Objectives:

• Understand fraud schemes related to procurement, vendor selection, contracts, and management override
  
• Understand the UK Modern Slavery Act
  

Event Policies:

If you have registered and/or paid for an event and you need to cancel, you MUST email events@houstonacfe.org no later than 5 days prior to the event to request a refund and/or cancel your registration.      

For more information regarding refund, complaint and/or program cancellation policies, please visit the Terms & Conditions section of the website, or email us at events@houstonacfe.org.    

Additional Information:

Delivery Method: Group-Live
Prerequisites: Working Knowledge of Fraud and Fraud Schemes
Field of Study: Specialized Knowledge and Applications [Fraud]
Who Should Attend?:  Anti-fraud professionals, Auditors, Accountants, Attorneys, Investigators, Law Enforcement, Educators, Students
Advanced Preparation: None
Program Level: Intermediate

NASBA Sponsor No. 125230

The Houston Area Chapter of the Association of Certified Fraud Examiners is registered with the National 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 the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.