Tuesday, June 25 | 3:35–4:50 PM
CPE: 1.5
Level: Intermediate
Recommended Prerequisites: A basic understanding of the federal grants process
Field of Study: Specialized Knowledge
U.S. government grants annually provide more than $700 billion that impacts every aspect of society. However, these dollars carry with them traditional fraud risks, including conflicts of interest, material false statements and theft, as well
as unique issues such as commingling and research misconduct. To compound these challenges, the outcome of many grant awards is hard to measure and the oversight mechanisms common in contracts are often not present, or at times less effective,
in a typical grant-funded program.
This session will explore traditional grant fraud schemes, risk factors that affect grant-funded programs, recent regulatory changes and emerging trends and risks related to the oversight of grant dollars.
You Will Learn How To:
- Identify the three traditional fraud schemes, as well as other unique issues, that can impact grant-funded programs
- Distinguish the fraud risk factors that affect grant-funded programs
- Compare recent regulatory changes that will both assist and potentially hamper the prevention, detection and remediation of grant fraud
- Recognize emerging trends and new areas of emphasis related to the oversight of grant dollars