Tuesday, June 19 | 3:35-4:50 PM
Recommended Prerequisite: None
Field of Study: Specialized Knowledge
Asset misappropriation is by far the most common form of occupational fraud, occurring in more than 89% of cases surveyed in the ACFE’s 2018 Report to the Nations. Expense reports are perhaps the easiest way for employees to access company funds. Most asset misappropriation cases result in small-dollar losses, but they can expand into the millions. This session will provide an overview of how employees have been able to defraud companies of millions of dollars through expense reports. The session will explore some schemes used to commit expense report fraud, how to uncover the fraud, and some controls to put in place to prevent future expense report frauds from occurring.
You Will Learn How To:
Director, Ethics and Compliance, Cox Communications, Inc.
Elizabeth Simon, CFE, CPA, is the director of ethics & compliance for Cox Communications Inc. She’s responsible for managing the ethics hotline and overseeing ethics-related investigations, conducting compliance risk assessments and ensuring that Cox is complying with the laws and regulations relevant to the company. She also oversees the company’s Records & Information Management Program and leads other compliance-related projects.
Simon previously served as the senior internal auditor for Kimberly-Clark in Roswell, Georgia, with responsibility for developing data analytics around the Foreign Corrupt Practices Act and for other internal audits. Prior to that, she was in Kimberly-Clark’s Global Security department at which she managed the anti-fraud program and investigated both internal and external fraud.
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