NAA2617. Fraud: Fraud Schemes, Methods of Prevention and Detection, and the Influence of AI

This session will include a discussion of current fraud schemes; methods for preventing, detecting and deterring fraud; the influence of artificial intelligence on fraud-related risks; and enabling tools for combatting fraud. The session will also discuss the continued importance of professional skepticism in light of the expanding use of emerging technologies.

Learning Objectives:

• Identify current common fraud schemes and prevention and detection strategies.
• Distinguish fraud-related challenges and risks associated with a client’s use of artificial intelligence (AI), along with the opportunities for leveraging AI to prevent, deter, and detect fraud.
• Identify strategies for testing clients’ use of artificial intelligence.
• Analyze the continued importance of professional skepticism as the use of emerging technologies expands.