Fraud Talk: Diversity, Equity and Inclusion in the Anti-Fraud Field

Fraud Talk: Diversity, Equity and Inclusion in the Anti-Fraud Field

Earlier this year, the ACFE hosted a webinar titled, “A Conversation About Diversity, Equity and Inclusion in the Anti-Fraud Field,” which is free and available to view for all ACFE members. In this month’s episode of Fraud Talk, you’ll hear an excerpt where the four panelists share who should be involved in this discussion and why. They also share how anti-fraud professionals can make belonging an integral part of workplace culture.

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Deconstructing a Hypothetical Conflict of Interest

Deconstructing a Hypothetical Conflict of Interest

Early in my career, I was exposed to various potential conflict-of-interest situations and was tasked with raising awareness and providing training to employees. I realized hypothetical conflict-of-interest scenarios, when presented to employees, assist in the thinking process and elicit new ideas. Each time we discussed the hypothetical scenario, it brought about a new dimension. Here’s a hypothetical conflict of interest, deconstructed to different levels of thinking.

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Employees Want Integrity and Trust When They Report Conflicts of Interest

Employees Want Integrity and Trust When They Report Conflicts of Interest

Employees may frequently wish to engage in activities within their normal scope of work due to passion, interest, social responsibility or financial gain. It’s your organization’s responsibility to educate and train employees so that they are aware of any potential conflicts of interest in relation to external activities. This will allow both the employee and the organization to avoid compromising situations.

This general approach can provide a guiding pathway to employees who otherwise might be nervous to raise a potential conflict-of-interest situation.

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The ACFE's Code of Professional Ethics

The ACFE's Code of Professional Ethics

On the CFE Exam there are a few questions about the ACFE Code of Professional Ethics. The good news is that most of these questions are very straightforward and shouldn’t give you any trouble. Things like “don’t violate the law” or “don’t engage in conflicts of interest” are pretty self-explanatory. But there are two areas that I have found sometimes cause people a little confusion.

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7 Compliance Program Needs for the Coming Year

7 Compliance Program Needs for the Coming Year

Compliance seems to be everyone's business, since, for many firms, it involves managing financial crime, money laundering and cyber risks. This means compliance has to be offensive as well as defensive. Given this increased area of responsibility and scope, here are seven ways to have an effective compliance program.

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