Investigating Conflicts of Interest - Legal Elements

In today's world, conflicts of interest play a crucial role!

Conflicts of interest can present significant fraud risks for corporations, government agencies, fiduciaries, customers, and suppliers. Conflicts of interest are also one of the most difficult areas of fraud to investigate and obtain adequate evidence. Improper investigations can create counterclaims and civil actions against organizations and fraud examiners. If undetected or left unmanaged, conflicts of interest can also lead to corruption and misconduct.

Conflicts of interest can have far-reaching legal and financial consequences

Conflicts of interest can cause significant repercussions for businesses when allowed to continue unchecked. They can lead to significant compliance penalties and possible legal action taken against the business who fails to properly manage a conflict of interest.

This 1-day course will explore how and why conflicts of interest arise and what the warning signs of a conflict of interest are. You will gain a better understanding of these types of engagements and learn how you can protect your organization from conflicts of interest.

Legal and regulatory consequences of conflicts of interest

Organizations that do not appropriately address conflicts of interest, face the risk of legal and regulatory repercussions. Violations of law and regulations related to conflicts of interest can result in significant fines, litigation, and damage to reputation. Regulatory bodies and authorities place great importance on transparency and accountability in managing conflicts of interest. Learn how to avoid (complex) legal matters related to conflicts of interest!

What will you learn in this course?

During this 1-day top course on investigating the legal elements of conflicts of interest, you will learn how to:

• Implement investigative techniques for conflict of interest engagements
• Deal with witnesses and the legal implications of these unique investigations
• Obtain appropriate evidence and preserve it to build a conflict of interest case
• Conduct the flow of conflict of interest investigations
• Prepare witness statements, documents, and electronic evidence

Who should attend?

This top course about the legal elements of conflicts of interest is meant for fraud examiners and other anti-fraud professionals, attorneys, legal professionals and law enforcement personnel, compliance officers, controllers and corporate managers, detectives and private investigators, forensic and management accountants, accounts payable and financial analysts, Governance, Risk and Compliance (GRC) professionals, internal and external auditors, CPA's and CA's, senior management, and representatives from departments such as Human Resources and Finance.

Prerequisites for this training

There are no specific prerequisites for successfully attending this course, although insight into basic fraud investigation techniques would be helpful.

About the ACFE (Association of Certified Fraud Examiners)

The ACFE is the world's largest anti-fraud organization and the premier provider of anti-fraud trainings and education. Together with more than 85.000 members in 160 countries and chapters in 125 countries, ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession.

How to maintain your Certified Fraud Examiner (CFE) certification

To maintain your CFE credential, you are required to earn at least 20 hours of Continuing Professional Education (CPE) every 12-month period. At least 10 of these hours must directly relate to the detection and deterrence of fraud and 2 hours must directly relate to ethics. If you have earned more than 20 hours of CPE in your previous reporting period, you may roll over up to 10 hours to meet your current CPE requirements.

N.B. Individuals holding a Certified Fraud Examiner (CFE) certification may claim 8 CPE credits to maintain their certification!