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Track 1- Audit Track
Presented by Scott Langlinais, CPA, http://scottlanglinais.com
Building a Strong Control Environment, Wednesday, 11/15/17
Ethical business improves the bottom line. At least one percent of any organization’s top line is lost to waste and unethical behavior. However, leaders can create a strong control environment that does not subvert trust or disrupt regular operations. In such environments, unnecessary losses are reduced, and symptoms of problems are identified early& handled professionally. Upon completion of this workshop, you will understand how to overcome approaches that prevent people from addressing problems; Establish responsibility for detecting problems early; Create an environment where ethical behavior is rewarded; Identify what can go wrong in your primary process areas and industry; Recognize symptoms of unethical behavior and negligence; Avoid common pitfalls in dealing with unethical behavior; and Recognize abuse of authority and the power of effective stewardship over assets. Topics include:
■ Elements of a Healthy Environment: Understanding how leaders’ behaviors can derail control mechanisms; The manager’s role in problem detection; Evaluating your environment; Assessing policies; A method for working problem detection into daily activities.
■ Detecting Unethical Behaviors and Negligence: Problems within common business processes and your industry; Recognizing symptoms of unethical/fraudulent behaviors; How people detect and respond to problems; Where to expect to find problems; Changing the culture.
■ Creating a Healthy Environment: The power of authority, influence, gifts,entertainment; Systemic behaviors that corrupt entire entities;
■ Case studies on responses to problems
■ Building organizational wisdom and effective entity-level controls,
Detecting Corruption, Thursday, 11/16/17
Auditors and investigators are fully aware of the high costs of corrupt practices and the difficulty in detecting side deals, kickbacks, and pay-to-play schemes. They are being called upon to detect problems before they cause widespread damage. Upon completion of this workshop, you will understand how to: Overcome mindsets that prevent people from detecting corruption; Apply a consistent methodology for problem detection; Identify what can go wrong: side deals, kickbacks, conflicts of interest, and pay-to-play; Recognize common symptoms of corruption; Look for problems in books and records; Avoid common pitfalls; Recognize abuse of authority and the power of gifts & entertainment; Apply techniques successfully used by other organizations to defend against corruption; Apply lessons from case studies to your own environment. Topics Include:
■ Detecting Corrupt Behaviors: Common schemes; Recognizing symptoms of corruption; Understanding how people detect and respond to corrupt activities; Working detection into routine processes; Influencing your culture
■ Responding to Corruption: Tips for auditing contracts and vendor performance;
■ Case studies in effective (and ineffective) response
■ Creating a plan for your environment.
About the Speaker
Scott Langlinais, CPA, Langlinais Fraud & Audit Advisory Services, LLC: Mr. Langlinais has dedicated over 20 years of his career as a CPA to fraud detection and investigation. Audit and finance professionals around the world have hired him to assist with investigations and educate personnel about proper fraud detection, prevention, and response. Business leaders from emerging companies to Fortune 500’s, have asked him to assess their environment, perform diagnostic tests to detect symptoms of wrongdoing, and design strategies to help defend the organization’s people, reputation, and assets. He has conducted investigations related to executive corruption, bribes & kickbacks, vendor overbilling& underperformance, and employee theft. He regularly reports his findings to Boards of Directors, has submitted his findings to law enforcement organizations such as the U.S. Secret Service, and has testified in court. Mr. Langlinais employs sophisticated data analysis techniques to sift through system transactions and seek indicators of fraud and has helped companies recover millions of dollars. He speaks regularly at conferences hosted by the IIA, AICPA, ACFE, State Auditors, and ISACA. The International Risk Management Institute has published several of his articles about fraud prevention. Prior to starting his own practice in 2003, Mr. Langlinais held public accounting and internal audit leadership positions, and served as CAE for a NASDAQ 100 software company. He received a BBA degree from the University of Notre Dame in 1991.