Building a framework based on five fundamental elements can help an organization conduct effective fraud and misconduct risk assessments.

Tim Hedley, KPMG's National Service Line Leader for Fraud Risk, discusses these five fundamental elements in greater detail and shares his insights on building and implementing an effective fraud risk assessment.

This Webcast discusses practical approaches to:

• Meeting the challenge of getting timely and accurate enterprise-wide reporting
• Providing predictive analytics to business units, stakeholders, and leadership
• Capturing and presenting regulatory and compliance data that can provide informed, transparent decision-making

Among the topics our featured speakers discuss is how Recovery.gov developed and implemented an integrated information management approach that provided their ultimate stakeholder, the U.S. taxpayer, with insight into the performance of taxpayer-funded initiatives.

The panel discusses the impact, transition, timing, and key issues of the new standards, as well as the potential benefits to be derived.

• What is the best way to manage fraud risk in today's market environment?
• What extra steps should companies take in implementing fraud detection techniques and analyzing behavior?
• What role can technology play in helping to enhance fraud prevention?

The Webcast featured Timothy Hedley, Ph.D., Partner, KPMG Forensic, who discussed how professional skepticism and the use of sophisticated analytics are on the rise within organizations as a way to help detect and combat potential fraud and misconduct.

Dr. Hedley also discussed the highlights from KPMG's 2008/2009 Integrity Survey, which polled more than 5,000 professionals at U.S.-based organizations. The survey's results are more relevant than ever as they provide insight and a greater understanding of what factors drive the level of integrity in institutions at a time when they need it most.

The Webcast will provide you with practical application guidance and comprehensive viewpoints from a technical, service auditor, and service organization perspective. You'll also hear from global real estate services firm, Jones Lang LaSalle, about how they adapted to the new regulations and their experiences to date.

This webcast discusses key objectives and considerations for effectively implementing auditing and monitoring techniques to help prevent and detect fraud.

Topics covered include:

• Compliance imperatives
• Distinction between auditing and monitoring
• Auditing and monitoring program objectives
• Key oversight considerations

Webcast topics of discussion include:

• Hot areas of government regulation and enforcement that created risks increased risks and vulnerabilities for organizations
• A framework for building an effective compliance program
• Proactive and reactive measures organizations can take to help manage fraud and misconduct risks
• How technology and publicly accessible information can be leveraged to mitigate risk

The 404 Institute's Webcast Staying Focused on Fraud examines the dimensions and impact of fraud and misconduct, and the ways that organizations can work to mitigate risk.

During the Webcast, Timothy Hedley (Ph.D.), Forensic Partner, KPMG LLP, discusses how fraud and misconduct continue to present serious challenges across virtually every industry. Inadequate controls and compliance programs, lack of a comprehensive approach to investigate and address wrongdoing, and the global economic downturn have made conditions ripe for fraud and misconduct.

This Webcast will provide insights into the expected scope of the U.S. resolution planning rules, and considerations for how covered companies can approach the exercise. 

The Webcast discusses the leading practices and trends that organizations have designed, implemented, and documented to mitigate foreign exchange risk and to increase opportunities.

Experience indicates that success can be achieved when organizations are able to streamline their systems and processes, synchronize the flow of information among critical areas, and effectively integrate the power of technology into processes.

This webcast is designed to help you understand the potential gaps within your organization and identify ways to become more efficient and effective by improving the integration of three common initiatives into core business processes:

• Business Intelligence
• Technology-enabled Governance, Risk, and Compliance (GRC) processes
• Continuous Auditing & Continuous Monitoring (CA/CM)

They will be joined by information security leaders from Aviva, a global life and insurance company. Aviva professionals will provide an overview of their organization's approach to implementing an effective and efficient logical access management system.

Topics to be covered include:

• Current entity and access management (IAM) concerns
• Aviva IAM case study: discussion of historical logical access issues, implementation of new logical access program, and results
• Leading approaches to help implement a framework and controls that help mitigate risk, manage costs, and support revenue drivers
• Special concerns related to IAM governance systems operating in the cloud

Featured guest speaker, Tony Spinelli, SVP, Chief Compliance & Security Officer, Equifax, Inc., explained how his company took a proactive approach to these challenges by optimizing their information technology (IT) efforts to achieve a unified view of their total compliance picture.

Greg Bell, Principal, KPMG LLP's Global Information Protection Services Leader, and Mr. Spinelli discussed how companies can integrate multiple initiatives to increase business performance and overall value to process owners.

This Webcast, Measuring the Value of Enterprise Risk Management - A Corporate Perspective, provides insight on how to measure and optimize the value of ERM.

The Webcast features Ralph Storti, Director of Enterprise Risk Management, Horizon Blue Cross Blue Shield of New Jersey. He discusses the objectives and quantifiable targets that his organization developed to enhance the value of their ERM program and how Horizon Blue Cross Blue Shield uses ERM to affect decision-making in areas such as business planning, capital allocation, and project management.

Join us as KPMG's automotive leadership team discusses the results of the 2011 Global Auto Executive Survey.

For 12 consecutive years, KPMG has surveyed automotive industry leaders about the current and future state of their business. Highlights from this year's survey that will be discussed during the Webcast include:

• Consumer trends and behavior
• Market share
• Short- and long-term investments
• Alternative fuel technology
• Mergers & Acquisitions

During the Webcast, speakers Brad Hillier and John Matson of KPMG discuss the priorities and practices of managing cash and working capital in organizations, and what can be done to improve current programs.

They also discuss the need to:

• Create or enhance visibility and controls into cash positions and working capital performance to manage expectations, mitigate risk
• Identify the most urgent initiatives to improve performance across inventory, accounts receivable, and accounts payable
• Launch a program to systematically release cash from across the enterprise in such areas as property, tax, and treasury programs

In the past, the SAS 70 report was intended to assist service providers' customers and their auditors specifically in the context of internal control over financial reporting. Now, three types of SOC reports have been defined to help service providers meet a broader set of user needs – such as addressing the security and availability concerns related to the cloud.

To help jumpstart your organization's transition efforts, this webcast focuses on the contents and benefits of the SOC reports; how to use these reports; and what types of reports to request going forward.

Findings presented will provide a holistic and comprehensive view of market trends including quantitative and qualitative gauges on the current and projected state of the shared services and third party business process and information technology services markets. The result is real-world insights into:

• Drivers for service delivery improvement efforts
• Challenges to successful service delivery improvement efforts 
• Trends in global sourcing
• Trends in cloud computing services
• Outsourcing deal pricing, service provider profitability and scope

Topics of discussion include:

• Untapped savings opportunities available through better management of indirect spend
• Common procurement challenges under current market conditions
• Elements that are critical to supply chain transformation
• Securing and sustaining savings from supply chain transformation

According to the speakers, this can be crucial to helping companies survive, plan for the future, and increase market share.

As an example, Ms. Zoellner explains the steps Hallmark Cards is taking to customize the design, detail, and structure of the forecasting process in the context of the company's overall finance improvement initiatives.

In summarizing some key implementation steps, Mr. Jacobs advised that companies become familiar with XBRL thru seminars, Webinars, and the XBRL website; identify an implementation team that includes external reporting professionals as well as appropriate technical support staff, corporate counsel, and external auditors; and explore alternatives for support, including third-party service providers and software alternatives.