GAE2506. Measuring and Estimating Fraud to Manage Fraud Risk

Fraud risk management leading practices and other guidance
describe the importance of understanding the extent of fraud in order to manage
it. Various approaches exist for measuring and estimating fraud, both
domestically and internationally. This presentation will help you understand
different approaches and how they can be implemented in your office to guide
oversight and resource allocation. Examples will include program specific and government-wide estimates.

Learning Objectives:

• Learn how fraud measurement and estimation are important to fraud risk management.
• Understand several approaches for fraud measurement and estimation of varying levels of complexity.
• Consider how fraud measurement and estimation can be useful for oversight and program officials