GAE2421. Perspectives on Managing Fraud Risks in Federal Grants

Hear from both program and oversight experts in the federal grants arena on the ways fraud can occur in different types of grant programs and how to mitigate those risks. Experts will share insights on federal requirements for managing grant fraud risks, such as 2 CFR 200; strategies and tools they have developed for their agencies' programs; ways to collect and analyze data to support fraud detection; and how to manage risks as funds flow through subsequent types of recipients. 

Learning Objectives:

• Identify the different types of grant structures and (1) associated fraud risks, (2) impacts on oversight capability and responsibility, and (3) implications for data analytics for fraud detection.
• Identify (1) tools and strategies agencies have used to manage grant fraud risks and (2) lessons for enhancing fraud prevention based on OIG investigations.