Houston IIA Dec 2021 Luncheon and Fraud Seminar
Event Details

Houston IIA December 2021 Luncheon/Seminar
December 6, 2021

December 6, 2021

Registration: 11:15 am - 11:30 am
Lunch: 11:30 am - 12:00 pm
Lunch Presentation: 12:00 pm - 1:00 pm

Registration: 7:30 am - 8:00 am
Seminar: 8:00 am -  11:30 am
Lunch: 11:30 am - 12:00 pm
Lunch Presentation: 12:00 pm - 1:00 pm
Break: 1:00 pm – 1:10 pm
Seminar: 1:10 pm – 2:30 pm

Petroleum Club of Houston
1201 Louisiana 35th Floor
Houston, TX 77002

Event Description

  Title: Conducting a Fraud Risk Assessment in a Pandemic: Leading Practices and Lessons Learned

Keynote Lunch Session


Since the introduction of the Fraud Risk Assessment in the COSO 2013 Integrated Framework, organizations have relied upon a variety of approaches to perform and document their Fraud Risk Assessment review each year. New risks and challenges placed on organizations by the COVID-19 Pandemic have made this process even more important, but also more difficult. In this presentation we will discuss some of the challenges, obstacles and solutions to performing a high-value Fraud Risk Assessment for your organization during these challenging times.

Experience level: Basic
Prerequisites: None
CPE Credit(s):  1 hour


SEMINAR (5.5 CPE hours)

Topic: The Seduction of Fraud


How do people get seduced into fraud? How do fraudsters use seduction to deceive people? Seduction is an indirect form of power; when it is raised to the level of an art, it has toppled governments, won elections, and enslaved great minds. Understanding how fraudsters use seduction in everyday settings will unlock the mysteries behind their ability to circumvent even the strongest internal control systems.

This workshop will use recent examples of major frauds and scandals to understand the driving motivators that move persons beyond acceptable behavior to commit unethical and sometimes illegal actions such as fraud. It will use historical examples from throughout history to explain behavioral traits that are consistent with such behavior. This will include taking a deep dive into the personalities of persons such as Cleopatra, Casanova, and others. Also, we will be examining not only how people are seduced into committing fraud, but also how seduction can be used by them to commit fraud. We will use a combination of various disciplines including: ethics, psychology, human behavior analysis, and fraud examination.

Learning Objectives: In this session, participants will:

• Discover the power behind the “Seduction of Fraud” and how to use this knowledge to bridge the gap between fraud prevention, ethics, and human nature.

• Understand the attributes of the “Seduction of Fraud Diamond” and how they can be used to prevent fraud.

• Develop an understanding of the personality similarities between historical seducers and modern-day fraudsters.

• Working in groups, apply the SoF Methodology to a recent case – Wirecard

Experience level: Basic/Intermediate
Prerequisites: None
CPE Credit(s): 5.5 hours