The challenge of the chase

The ACFE Board of Regents ponder the exciting, frustrating and exquisite challenges of the fraud examination profession during the 28th Annual ACFE Global Fraud Conference.

You already know this: Fraud examinations can be both basic and complex. They’re basic because you can devise them by consulting a seminal body of knowledge such as the ACFE’s Fraud Examiners Manual. But they can also be excruciatingly complex because fraudsters can create such messy situations that you must depend on the wisdom of other fraud examiners to guide you through frustrating labyrinths.

On Sunday, June 18, at the beginning of the 28th Annual ACFE Global Fraud Conference, in Nashville, Tennessee, Fraud Magazine invited the members of the ACFE Board of Regents to provide advice to members. As Regent Chair Leah D. Lane, CFE, said at the end of the interview, the great motivation for many fraud examiners is “the challenge of the chase.”

The participants

FM: Are there some areas in which you believe fraud examiners are not keeping current regardless of what field they’re in?