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| NC - Raleigh - Central Carolina Chapter #25: Newsletter | |
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| Central Carolina Chapter
Association of Certified Fraud Examiners
Super Sleuth News
Volume 15, Issue 3 Central Carolina Chapter, PO Box 99666, Raleigh, NC 27624 July, 2007
Chapter News
May, 2007 Seminar and Board Meeting
Speakers at the May 21 seminar were Ron Klein, Attorney and CFE, from CAMICO Insurance in California who spoke on Professional Liability, Fraud and Embezzlement, and Risk Management Strategies; and David Evers from the NC Attorney General’s Office who spoke on Fraud Perpetrated on the Elderly and Telemarketing and Identity Theft Schemes. There were 46 seminar attendees.
The May 21 Board meeting was held following the seminar. There was a quorum.
Board members present were
Outgoing President Barry Tuck,
Outgoing Vice President Ray Clinebell,
Director David Bradley,
Outgoing Director Robert Warshany,
Incoming President Dale Place,
Director Annette Perkinson,
Incoming Treasurer Regina Hill.
Incoming Board members attending
Shirley Lindsay,
David King,
Ray Jackson
Board members not present
Secretary Richard Reedman,
Treasurer Wanda Oakley.
• The Minutes of the Board Meeting held on February 12, 2007 were approved.
• The financial report was presented by the new Treasurer, Regina Hill
• The Board selected Craig Greene, McGovern & Greene, Chicago, who is on the ACFE faculty, as the instructor for November 12, 2007 seminar
• The Board had previously determined that the delegate to be sent to the Annual Chapters Meeting held the Sunday prior to the Annual ACFE Seminar (this year in Orlando) would be selected in a “pecking” order as follows: President, Vice President, Secretary, Treasurer, Directors in order of seniority on the Board. Since the President and Vice President were not able to attend the July 15, 2007 Chapters Meeting, the Secretary, Richard Reedman, is the designated delegate. The Chapter Board authorizes up to $800 in direct expenses (hotel for one night, transportation, and appropriate meals) for one delegate to represent the Chapter each year.
• The Chapter Board meeting for November will be held on the Sunday night prior to the seminar on Monday.
• A new committee was established to provide speakers to colleges and universities from the Chapter to promote fraud examination.
• All Committee Chair slots were appointed by incoming President Dale Place.
• Costs for student attendees at the four hour seminars will continue to be $15. Note that the cost to students is less than the cost of their meal. We are not charging them for the seminar in May, August, and February; however, students are charged full price for the November seminar since we have to pay a professional speaker a flat fee plus travel and other expenses.
Certified Fraud Examiners:
The designation of Certified Fraud Examiner does not signify that the holder of the title is an “expert” in the field of fraud examination. It does mean that the fraud examiner has passed an examination and is receiving the continuing education on deterrence, detection, investigation, and prosecution in fraud and abuse situations. Fraud examiners have various areas of expertise and come from various backgrounds such as auditing, investigation, and law enforcement. Many have experience with regulatory agencies of Federal and State governments. The Association of Certified Fraud Examiners requires that the CFE receives at least 20 continuing education credits per year with at least ten of the credits being specific to fraud and the other ten being fraud-related. The previous education and experience of a CFE usually is an indicator of the qualifications for a specific job in fraud examination.
National Association Requirements for CFE Credits
1. Earn 20 total CPE—10 of which must be fraud related.
2. Certify by Notification deadline January 31, 2007 for prior year.—You must update on ACFE’s website.
3. Maintain documentation (certificates) for three years in case you are selected for ACFE audit of CPE’s.
Other Chapter Information
Dues Notices. Dues notices were mailed the middle of June. If you did not receive a notice, contact Treasurer Regina_Hill@ncauditor.net.
Directories. The directories for the 2006-2007 year were available at the May meeting. If you were not at the meeting, you will receive your copy through the mail if you were a Chapter member in 2006-2007. There is only one directory available for each Chapter member.
Changes received after the directory was printed:
Paul C. Traveis – email address should be changed to pctravis@gmail..com
Douglas P. Kinney—status should be changed from Associate to CFE. Doug passed the CFE exam in May.
Congratulations Doug.
Please continue to notify us at Supersleuth25@aol.com when your email, address, and telephone number changes.
Post Office Box mailings. The Chapter maintains one post office box for all officers and directors, and the necessary transactions. If you are mailing something to the Chapter, please state to whom you wish the recipient to be. All mail not addressed to a specific person is opened by the Treasurer who picks up the mail. For instance, mail to be sent to the Chair of the Scholarship Committee should be addressed to Shirley Lindsay at the Chapter Post Office Box, etc.
Privacy Policies. Please notice on the first page of your membership directory the box which contains the following information: “No part of this directory may be reproduced, used for mailing lists preparations, used for promotional mailings, stored in a retrieval system, or transmitted in any form or by any means—electronic, mechanical, photocopying, recording or otherwise, without prior written consent of the Association of Certified Fraud Examiners, 716 West Avenue, Austin, Texas 78701.” Those rules were promulgated by the Association of Certified Fraud Examiners in the early 1990’s. From time to time, we have had requests from speakers, outside firms, and some educators to release the information to them. There are no exceptions.
Our Chapter also has a policy to disallow any Chapter member from providing that information to anyone outside the Chapter. We assume that our members are aware that we are trying to protect the privacy of the membership particularly those in sensitive positions, and to keep the addresses from being used for solicitations. If you do provide that information, it will become a Board matter. Because of the nature of the work and the profession, we want to assure that this policy is followed. Thank you for your cooperation in assuring the privacy of our membership.
Chapter Seminar—August 20, 2007
4 NASBA/CFE Credits
Presentation Information
Two speakers who will make presentation for two hours each are on the agenda for the August meeting. In addition, David King, Chapter Vice President will show a short video from ACFE/AICPA entitled “Tone at the Top” to lead in to the Ethics Presentation by Frank L. Perry.
Gregory B. Rodgers
Gregory B. Rodgers, a partner in the law firm Smith, Rodgers, and Strickland, PLLC, in Greensboro, NC. Rodgers will speak on the interrogation law issues of concern to public and private sector fraud examiners, including: the effect of an unlawful seizure of the person on a subsequent statement, voluntariness, Miranda issues, and the Sixth Amendment Right to Counsel.
Mr. Rodgers’ law firm provides legal consultation to North Carolina law enforcement agencies which are designed for police agencies that do not employ in-house counsel. They represent municipal departments and Sheriff’s offices throughout the State. They provide expert legal advice during the “live” decision making stage of high liability or high consequence police actions (e.g. arrest search and seizure, personnel law, enforcement of child custody, 50B, writs of execution and other civil and criminal orders, police canine, use of force law, public records law, public employee speech, etc. ) with the goal of maximizing police effectiveness while minimizing civil liability exposure. They also provide policy consultation to agencies, and deliver a broad range of legal training seminars designed for law enforcement officers and administrators. They produce the “North Carolina Police Command” legal newsletter for client agencies.
Prior to his employment with Smith, Rodgers, and Strickland, he was the Agency Legal Specialist with the North Carolina Justice Academy in Edneyville, NC from 1996 to 2004, a general civil trial practice attorney at the law firm of Hutchens and Senter in Fayetteville from 1993 to 1996, and worked for Garris N. Yarborough, Attorney at Law, a general and civil practice, in Fayetteville.
Mr. Rodgers is a graduate of the Campbell University School of Law and was on the Board of Educators for “Campbell Law Review.” He is a member of the State Bar and the North Carolina Sheriff’s Association.
Frank L. Perry
Frank L. Perry is the Education Director for the North Carolina State Ethics Commission.
His presentation will be on Ethics.
Frank graduated from Wake Forest University in psychology, and received a Masters and Ph.D. in Ethics and political philosophy from the University of Miami. He spent 22 years working as a Special Agent and Senior Manager for the FBI, and has received commendations for his work related to terrorism, counterintelligence, and internal affairs investigations. He was selected by the Director to head the FBI’s internal investigation and adjudication of Ruby Ridge.
He founded and headed the FBI’s Office of Law Enforcement Ethics at the FBI Academy, which is accredited by the University of Virginia, thereby creating and implementing the first Department of Justice Professional Ethics Program for the FBI. In so doing, he implemented compliance, policy and training guidelines and curricula for all FBI field divisions and developed and taught professional ethics programs in countries on five continents. Mr. Perry’s research in applied ethics has been published in social science and law enforcement journals, and he has educated numerous agencies as diverse as the Central Intelligence Agency (CIA) and the NC Highway Patrol.
After retiring from the FBI, Mr. Perry taught courses on political science and professional ethics at NC State University. He has participated in numerous ethics seminars and panels.
Date: Monday, August 20, 2007
Speakers: Gregory B. Rodgers, Partner with Smith, Rodgers, and Strickland, PLLC, Greensboro
Frank L. Perry, Education Director for the NC State Ethics Commission
Location: North Raleigh Hilton, 3415 Wake Forest Road, Raleigh, NC
Program Agenda
9:00 A.M. to 9:45 AM Registration
9:45 A.M. to 10:00 A.M. Welcome and Announcements—President Dale Place
10:00 A.M. to 10:50 A.M. Gregory B. Rodgers, Smith, Rogers & Strickland, Greensboro
11:00 A.M. to 11:50 A.M Gregory B. Rodgers (continued)
12:00 Noon to 1:00 P.M. Lunch at the Hilton (included in Registration Cost)
1:00 P.M. to 1:20 P.M. David A. King, Vice President of Central Carolina Chapter
Will show a 20 minute video entitled “Tone at the Top” as a lead-in
To the second speaker
1:20 P.M. to 2:00 P.M. Frank L. Perry, Education Director, NC State Ethics Commission
2:00 P.M. to 3:00 P.M. Frank L. Perry (continued)
Breaks are approximately every 50 minutes
BOARD MEETING TO BE HELD AT 3:00 P.M.
Registration (Please return this form along with your check)
I will attend the Chapter Meeting/Seminar on Monday, August 20, 2007________
Name (Print)________________________________________________________________________________________
Company/Organization________________________________E-Mail Address______________________________________
Mailing Address_____________________________________________________________________________________
Registration Fee Enclosed: CFE/Associate Chapter Member ($35)________ Guest ($60)________
(If you have not paid your dues for 2007-2008, please remit payment prior to the seminar for the discounted price)
Mail check to: Registration
Central Carolina Chapter-ACFE
PO Box 99666
Raleigh, NC 27624
• Registration Deadline: Thursday, August 17, 2007
• Refund Deadline: Refund requests must be emailed to Dale Place by Wednesday, August 16
Central Carolina Chapter Financial Statements—
for the 4th Quarter 2007 and for the Fiscal Year 2006-2007
Compiled by Regina Hill, Treasurer
For the Period of April 1, 2007 through June 30, 2007
Beginning Balance, Bank 4/1/2007 $ 21,741.88
Income:
Seminars:
Fees Collected in May 2007 2,335.00
Fees Collected as of June 200 190.00 $2,525.00
Dues: (collected for 2007-08)
June 2007 $ 70.00
Total Income $ 24,336.88
Expenses:
CFE Member Address Labels 35.00
Chapter Directories 640.00.
Postage 246.87
Speaker Gifts (May seminar) 91.00
Seminar Expense (N. Raleigh Hilton-2007) 2,105.44
Plant-Crotts Family 45.85
Donation-Kidney Foundation 200.00
Total Expenses $ 3,364.16
Bank Balance as of June 30, 2007 $ 20,972.72
Associate Pre-Examination Scholarship Program
From the Scholarship Committee
Shirley Lindsay, Chair
Do you want to be a CFE? Here’s a few helpful tips:
Please note the rules for applying for the Exam Prep Course, especially the deadlines for submitting applications and the need to have been an associate member in the 2006-2007 year in order to apply. The rules are detailed with the application form on the following pages.
If you have previously submitted an application and did not receive the award, please resubmit. Since only one scholarship is given each quarter, you may have been a runner-up, so give it another try and resubmit. The scholarship committee welcomes your application.
What is the exam prep course?
It is a self study course on a CD. You load it on your computer and study on your schedule. Past winners have told us while the preparation is a bit rigorous, it pays when you take the exam. If you are a member of the Association, the cost out of your pocket would $715 if you bought; that is a good reason to turn in an application. If you are not a member of the Association, the cost out of your pocket would be $895; that is a good reason to join the chapter and be able to apply in the future. The Scholarship is an award to you from the Chapter Board of Directors. The Chapter does not pay for the actual exam which is a minimal amount compared to the prep course. If you do not take the exam within one year, you repay the Chapter for the cost of the exam.
Applications must be mailed to the Chapter Post Office box.
If I have any questions, whom do I ask?
Contact Shirley Lindsay, Chair of the Scholarship Committee-----Telephone: 919-662-9539------Email: Lindsay_investigations@yahoo.com
Instructions for Application
The Chapter Board of Directors is awarding competitive scholarships to Associates who wish to become Certified Fraud Examiners. The ACFE provided a discount to the chapters making the awards. This is a competitive scholarship based on points. The Central Carolina Chapter is making the awards in order to help provide certification assistance to those Associate Chapter Members wishing to become CFE’s.
Judging will be based on maximum points in the competition. Make sure you include the narrative as stated on the instruction form. If you do not include the narrative, you will lose 25 points. The Scholarship Committee will not notify you when something is missing from the application. You need to re-check the steps to be sure that the package is complete.
The Associate Scholarship Program has replaced the old College Scholarship program. The first Associate awards were made at the August 18, 2003 seminar.
Should the applicant not receive an award the first time he/she applies, the application must be re-submitted by the appropriate application dates. An application form is included in the newsletter. Candidates should send the completed Application form to: Shirley K. Lindsay, Scholarship Committee, Central Carolina Chapter, P.O. Box 99666, Raleigh, NC 27624.
Eligibility requirements include the following:
• Candidate must be an Associate Member of the ACFE in Austin and Associate Member number must be included
• Candidate must have been an Associate member of the Central Carolina Chapter in the prior year—2006-2007.
• Support documents for experience and education must be available if the Committee requests them
• Candidate must sign a statement (on last page of application) agreeing to repay the Central Carolina Chapter $536.25 for the cost of the scholarship should he/she fail to take the examination for CFE within one year of the date of registration. The refund will be used to provide another Associate Scholarship.
• Candidates must include a narrative with the application. The narrative is “Why the Chapter Should Award the CFE Pre Exam Scholarship to me”. The Scholarship Committee will award up to 25 points for the narrative.
• North Carolina licensed CPA’s and those who are licensed under the Private Protective Services Board receive additional points. Certifications are not included as licenses.
• Candidates must not have a criminal record.
Note: Be sure to follow the instructions on the following application.
Association of Certified Fraud Examiners
Central Carolina Chapter, Inc.
Pre-Examination Award for Associates
2007-2008 Application
(Applicants must be Associates with ACFE and must have been Central Carolina Chapter members during the Chapter fiscal year prior to the Scholarship application -- 2006-2007 FY)
Name (print first, middle, and last names) _____________________________________________________________________
ACFE Associate Number and date you became an Associate:______________________________________________________
Address:________________________________________________________________________________________________
Telephone (Work):___________________________ Telephone (Home):___________________________________________
Employer:____________________________________________________________For how long?______________________
Your job title:___________________________________Your occupation:__________________________________________
Points Claimed
1. Education: Please list name of college and year degree received
• Batchelor’s Degree or equivalent (20 Points) ___________
College:_______________________________________________Year:________________
• Graduate study: (5 points) ___________
College:_______________________________________________Year:________________
2. Licenses: (If more than one license, list each in Explanation Section):
• Award 5 points for each license in a recognized fraud related profession:
(Please state name of the NC license) (CPA, PI) Do not provide certifications; the points are for licenses only. Number___________________________________________________________________________ ___________
3. Experience: (List Company names in Explanation Section)
• Award 5 points for each full year of full time fraud-related work experience in the following areas.
(Credit cannot be claimed for more than one category during a specific time period):
Auditing ____ years x 5 ___________
Criminology ____years x 5 ___________
Investigation ____years x 5 ___________
Accounting ____years x 5 ___________
Law Enforcement ____years x 5 ___________
Legal ____years x 5 ___________
Loss Prevention ____years x 5 ___________
4. Participation:
• Award 5 points for each year you have been an ACFE Associate: ___________
• Award 5 points for each attendance at a Chapter seminar in the past 3 years. ___________
• Award 5 points for each committee assignment (Audit, Elections etc) in 3 years. ___________
o Award 5 points if you chaired the committee ___________
• Award 2.5 points points for each hour you have provided training to the Chapter: ___________
Total Points Claimed by Candidate:
5. Narrative: (Points will be assigned by the Scholarship Committee for Candidate’s narrative.)
You are required to submit a narrative entitled “Why the Chapter should Award the CFE Pre-Certification Exam ___________
Scholarship to Me” (not to exceed one page with 12 point type). Please attach to your application.
Total Points Received (up to 25 points)
Send the application by the appropriate date (postmark is the determining factor) shown in the instructions to:
Shirley Lindsay, Scholarship Chair, Central Carolina Chapter, PO Box 99666, Raleigh, NC 27624
I certify that the above information is correct:_______________________________________ _____________________
Your signature Date
I certify that I do not have a criminal record (disallowed for CFE participation):
___________________________________________________________________________ _____________________
Your signature Date
I agree to the repay the Central Carolina Chapter $536.25 within 90 days if I fail to take the CFE within one year of registration.
(We will be requesting repayment from you if you do not take the exam as scheduled)
___________________________________________________________________________ _____________________
Your signature Date
6. Explanation or Additional Information (back of form if necessary)
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