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, and 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
• Recognize fraud-related challenges and risks associated with a client’s use of artificial intelligence along with the opportunities for leveraging artificial Intelligence to prevent, deter, and detect fraud
• Identity strategies for testing clients’ use of artificial intelligence
• Recognize the continued importance of professional skepticism as the use of emerging technologies expands