Meeting/Event Information

Morning Session Starts at 8:00 AM – 4 CPE’s
Check-in starts at 7:30 AM

AM-1 – Benford's Law: Why and How to Use It
AM-2 – Benford's Law: Why and How to Use It, continued
AM-3 – FCPA / Anti-Corruption Compliance Programs

Lunch Program 11:45 AM to 1:15 PM – 1.5 CPEs
Check-in starts at 11:30 AM

LUNCH – Fraudulent Financial Reporting & Ethics

Afternoon Session Starts at 1:30 PM – 4 CPE’s
Check-in starts at 1:15 PM

 PM-1 – “OK, You Think You’ve Found a Fraud.  Now What?”
PM-2 – “OK, You Think You’ve Found a Fraud.., continued
PM-3 – Fraud Risk Awareness: Examining the COSO Proposed Changes of 2012

The costs for IIA members to attend this all-day, 9.5 CPE event is only $120.

 Wednesday, April 11th, 2012

Breakfast Buffet Starting at 7:30 AM
Lunch Starting at 11:45 AM

Los Anageles Athletic Club
431 West Seventh Street
Los Angeles, CA 90014
(213) 625-2211
Parking will be validated

Learning Objective(s):

The Institute of Internal Auditors, Los Angeles Chapter's goal is to provide a forum to share practical approaches and best practices, generate thought leadership and strategies for risk management, collaborate with leading organizations and professional associations to share and examine the best techniques and solutions for risk management, and increase our knowledge to assist our respective organizations and clients.

 The full program qualifies for 9.5 hours of Accounting and Auditing or Technical CPE hours.

Summary of the Program Topics:

Benford's Law: Why and How to Use It
Benford's Law is used to find abnormalities in large data sets. In this session, learn why Benford's Law is useful and how to interpret the results it provides. Benford's Law is easily used and, best of all, not well known by fraudsters.

FCPA / Anti-Corruption Compliance Programs
The presentation will provide an overview of the regulatory environment and examples of recent enforcement cases.  This will be followed by discussions on each of the elements of an effective FCPA / Anti-Corruption program, including risk assessments and red flags to consider. The presentation should cover areas that internal auditors would consider as they develop their internal audit program and procedures.

Fraudulent Financial Reporting & Ethics
* The Top 20 methods of overstating earnings
* The 3 major philosophical frameworks for the study of Ethics

This presentation alerts internal auditors to the signals that can be found in financial statements indicating that earnings may have been overstated.  It also discusses helpful decision-making models for approaching ethical dilemmas.

“OK, You Think You’ve Found a Fraud.  Now What?”
Uncovering evidence of fraud can be a highly emotional experience for victims. Reacting impulsively, they often commit critical errors that make learning the truth difficult or even impossible. Learn how internal auditors can minimize the impact of victim emotions, deal with victim mistakes and improve the outcome of fraud examinations.

Fraud Risk Awareness: Examining the COSO Proposed Changes of 2012
This topic will provide an overview of the COSO Framework Proposed Changes of 2012.  Since there is an added emphasis on Anti-Fraud Efforts in the Framework, this session will highlight the Fraud Risks that management will have to address.  This will be done through a discussion regarding Occupational Fraud and Abuse, Tools in Understanding Fraud, as well as an enumeration of what Auditors and Fraud Examiners can do to assist Management. 

**NOTE**: At the end of our all-day event at the LA Athletic Club please join us at the LA Athletic Club Happy Hour that runs from 5 to 7 PM.  You can unwind and continue to network with your colleagues while enjoying the sports bar with billiard tables and 10- inch HD television, reduced drink prices, and free chips with dip or salsa and free veggies.  

Presenter Biographies:

Gogi Overhoff, MBA, CPA, CFE
Fraud Investigator

Gogi Overhoff is currently with the California Board of Accountancy where she investigates accountants whose activities have been called into question through public complaints, referrals or government review. Prior to her current position, Gogi was a forensic accountant and auditor in Los Angeles. Before moving to Los Angeles, she worked in industry providing accounting and fraud prevention services to businesses in the manufacturing, banking, retail and health care sectors. Gogi regularly gives presentations to classes at the university level as well as professional organizations.

Amy M. Hawkes
Partner
Ernst & Young

Amy Hawkes has more than 20 years' experience helping clients with complex accounting and auditing, financial reporting and Securities and Exchange Commission (SEC) matters. Her experience includes leading corporate internal and financial fraud investigations and litigation support on securities litigation matters. 

Amy is a partner in Ernst & Young's Fraud Investigation & Dispute Services practice. She focuses her practice in the areas of forensic accounting, financial fraud investigations, FCPA matters, accounting malpractice and litigation support matters. Amy's experience includes leading a significant number of investigations for special committees, advising clients on generally accepted accounting principles and SEC matters and assisting management with technical accounting and restatements. These matters include revenue recognition, accounting for reserves, business combinations, impairments and stock-based compensation. She has worked for SEC registrants and other private and non-profit enterprises across a number of industries including financial services, oil and gas, manufacturing, telecommunications, high tech and colleges and universities. She also has extensive experience conducting interviews and testimonies of accounting professionals, corporate directors and company executives. 

Amy spent several years with the US SEC's division of enforcement where she was responsible for the performance of investigations for securities violations primarily related to financial fraud and insider trading. These matters involved investigating potential securities actions involving accounting, financial reporting and disclosure.

Amy has a juris doctorate, cum laude, from Syracuse University and a bachelor's of science degree, magna cum laude, in accounting and economics from the State University of New York-Oswego. She is a certified public accountant, a member of the California Bar, a member of the American Institute of Certified Public Accountants and a member of the Association of SEC Alumni. Amy serves on the Board of Directors of the Alliance for Children's Rights, a non-profit organization dedicated to helping abused and impoverished children in Los Angeles County, and the Constitutional Rights Foundation.

Hana Shaver
Senior Manager
Ernst & Young

Hana is a Senior Manager in Fraud Investigation & Dispute Services practice in the Los Angeles office.  Prior to joining the Los Angeles office, Hana spent ten years in Transaction Advisory Services in the Tokyo Office, where she was a director in the Transaction Support team, and has considerable experience in M&A transactions, leading pre-acquisition and sell-side due diligence, and providing deal advisory to both foreign and domestic investors transacting deals in Japan.

In the US, Hana has worked on various fraud investigations, as well as FCPA pre-acquisition due diligences by assisting clients acquiring companies with potential FCPA or other corruption risks.  She also has experiences in anti-fraud, bribery and corruption program assessments, performing shadow investigations, and assisting client in preparing insurance claims related to three natural disasters.  Hana's experiences are in a variety of industries, such as pharmaceuticals, universities, services, media and entertainment, and manufacturing.

Dr. Cecil W. Jackson, CPA (inactive, California)
Professor of Clinical Accounting, Leventhal School of Accounting
University of Southern California

Author of Business Fairy Tales: Grim Realities of Fictitious Financial Reporting 

Cecil Jackson, Professor of Clinical Accounting in the Leventhal School of Accounting at the University of Southern California, teaches courses on fraudulent financial reporting and managerial accounting for the MBA program as well as the graduate and undergraduate accounting programs. Dr. Jackson designed and teaches USC’s first course on detecting fraudulent financial accounting.

Jackson’s book, Business Fairy Tales, has received extremely favorable reviews from publications such asBarron’s, The CPA Journal, Investor’s Business Daily, the Motley Fool and The Accounting Review. In August 2009, the book was awarded an Honorable Mention by the American Accounting Association, for Innovation in Accounting Education. In his book, Business Fairy Tales, Jackson uses real-world scandals to illustrate the top-twenty methods used by companies to falsely overstate earnings and hide debt. He also examines the signals in financial statements that alert readers to these manipulations.

 Cecil Jackson has appeared on a number of business news shows, including Bloomberg Television, The Street.Com, and CNN. He has worked for two leading public accounting firms.  He recently served on a Mock Arbitration Panel to prepare attorneys for a major arbitration case. Dr. Jackson has won several awards for his teaching and is a respected speaker and consultant on aggressive financial reporting issues.  In May 2010, he was awarded the prestigious Evan C. Thompson Teaching and Learning Innovation Award by the Marshall School of Business. Dr. Jackson is currently working on a textbook on the topic of detecting accounting fraud.

John Tonsick
Founder and Principal
Fraud Solutions

John Tonsick is a forensic accountant and one of America’s leading experts on fraud. He has published numerous articles on the subjects of fraud and corporate governance and is a contributing author to “Fraud Casebook: Lessons from the Bad Side of Business”. He has been interviewed by MSNBC, the Wall Street Journal, CFO Magazine and the Los Angeles Business Journal.

John is the founder of Fraud Solutions, a consulting firm that helps businesses prevent, detect and investigate fraud. His unique perspective is shaped by more than 30 years of experience as a “Big 4” auditor, consultant and Fortune 50 executive. Author, speaker and magician, John’s informative and entertaining presentations have made him popular around the globe.

Georgina Mooslin
Senior Associate
Aviva Spectrum

Georgina Mooslin is a Senior Associate at Aviva Spectrum and a Certified Fraud Examiner. Prior to Aviva Spectrum, she was an Internal Auditor for the County of Ventura-Auditor Controller’s office, responsible for auditing compliance and legal requirements, adequacy of internal controls, and effectiveness and efficiency of program operations for the Information Technology Services Department, Treasurer-Tax Collector, Office of the Public Defender and the Department of Airports. She was also a Professional Fiduciary Auditor for HCC Surety Group, a subsidiary of HCC Insurance Holdings, Inc (HCC), where she established the Professional Fiduciary Review Program (PFRP) reviewing Estate Management Procedures of Trustees and Conservators under probate proceedings. Georgina was formerly an Advisory Board member of California State University Fullerton in the Advanced Practice in Professional Fiduciary Management.