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Description

Federal spending during the pandemic created an unprecedented opportunity for fraudsters. Find out what are federal agencies doing now to manage fraud risk and how their efforts compare to leading practices.

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  FOS: BMO (Business Management & Organization)

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Key Take-aways

Key Takeaways:
• Practitioners need to understand the status of federal efforts in combatting fraud.
• GAO completed work with CFO Act agencies that offer valuable perspectives on fraud mitigation.
• The cost of fraud in federal programs is astronomical.

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Learning Objectives

Gain an overview of requirements for fraud risk management in the federal government, including new developments in the Green Book. Review details of federal fraud risk management efforts, based on prior GAO work. Explore results of a GAO survey on fraud risk management, and GAO’s first-ever estimates of the cost of fraud in federal programs.

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Handouts

• T103- All Speakers