IIA/AGA Audio Conference

Topic:                       Data Mining to Prioritize Investigations of Contract Fraud

Presenters:                 Audio Conference

Date:                           Wednesday, March 7, 2012

Time:                          2:00 p.m. – 3:50 p.m. Eastern Standard Time

Location:                    NEW LOCATION 
                                      US EPA - Office of the Inspector General
                                      4411 Montgomery Road, Suite 203
                                      Norwood, OH 45212

                                      FREE PARKING: Park in parking lot on Courtland Avenue just off Montgomery Road and take elevator to 2nd floor

Cost:                           $10

CPE:                            2 CPE Hours

Registration:             NEW CONTACT
                                      Contact Leah Nikaidoh
                                      At (513) 487-2365 or nikaidoh.leah@epa.gov
                                      Reservations should be made by March 6, 2012
                                      Light refreshments provided

Presentation:

AGA, in conjunction with the National Association of State Auditors, Comptrollers and Treasurers and the Association of Local Government Auditors, is pleased to announce a new audio conference on using data mining to combat fraud, waste and abuse.  The U.S. Postal Service (USPS) Office of Inspector General (OIG) established a Data Mining Group within its Office of Investigations to identify and prioritize probable fraudulent activity in four distinct areas of the Postal Service: contracts, health care, mail theft and finance. The USPS managed more than $33 billion in contracts in FY2009 and the OIG has previously relied primarily on hotline tips for investigative leads.

Partnering with Elder Research Inc., the USPS OIG has developed a contract fraud data mining tool by combining advanced data mining techniques, data visualization and subject matter expertise to score all USPS contracts for potential fraud, waste and abuse. Though developed primarily for investigations, the USPS OIG believes that this promising antifraud tool will also aid auditing, postal business operations and other governmental agencies looking to reduce and minimize fraud, waste and abuse.

To share their knowledge and expertise about data mining are Bryan Jones, director, Data Mining Group, Office of Investigations, Office of the Inspector General, U.S. Postal Service; and Antonia de Medinaceli, director, Business Analytics and Fraud Detection, Elder Research, Inc.

Please join us for two hours of lively discussion about this important and timely topic. In addition to the speakers’ commentary, about 20 minutes is set aside for Q & A.

Learning Objectives: To understand how the USPS uses data mining to reduce and minimize fraud, waste and abuse.

Prerequisite: None

Advance Prep: Some familiarity with data mining techniques.

Field of Study: Auditing