S108: Oversight & Compliance When Money Falls from Trees
- Room: Platinum 1-2
- Session Number:S108
Sunday, July 17, 2022: 4:00 PM - 4:50 PM
Description
As federal dollars continue to roll in, accountability professionals must manage the associated risk and make sure the money is put to good use. Learn about strategic updates from state leaders concerning the use of stimulus funds and hear their recommendations for avoiding fraud, waste and abuse.
Key Take-aways
• Agencies have many insights into what has worked well, what hasn't worked, and how to avoid pitfalls.
• Learn to compare and contrast leading practices against Treasury guidance and understand the practical implications.
• Discover oversight and monitoring practices to mitigate fraud, waste and abuse in large federal programs,
• Gather best practices in the administration of federal stimulus programs and the use of contractors to support state and federal programs.
Learning Objectives
Understand the priorities of state and local governments in getting the money out. Examine recent spikes in fraud, waste and abuse as bad actors commandeer BOTS to redirect funding. Understand ways some states address the problem with advanced analytics, and explore best approaches to bring our economy roaring back.