2009 General Audit Management (GAM) Conference: Session Detail

CS5-5: TUESDAY MARCH 17, 2009, 10:15-11:30 a.m.

Using Automated Techniques in Fraud Risk Assessment, Prevention & Detection

Gerard (Rod) Brennan, Ph.D.
Director, Continuous Audit, Siemens Corp.
Ariel Ramirez, CIA, CFSA, CGAP, CCSA, CFE
Director, Forensic Audit, Siemens and Adjunct Professor, Forensic Accounting, University of Maryland
Alan Siegfried, CIA, CCSA, CFSA, CGAP, CPA
Auditor General, Inter-American Development Bank
  • Explore the past and current state of addressing fraud through technology.
  • Share successful applications of automated risk assessment, prevention, and detection.
  • Explore opportunities and strategies to speed adoption and better leverage technology to address fraud in the future.

 

 
NASBA - COMPUTER SCIENCE

Presenter Biography: Gerard (Rod) Brennan, Ph.D.

Rod Brennan is a frequent speaker and published researcher on the topic of continuous/automated auditing. He successfully defended his Ph.D. thesis on "The Use of Intelligent Software to Enable Continuous Auditing." The research work included the design and development of a proof of concept ERP (SAP) continuous auditing software model that incorporates some of the latest continuous auditing research concepts. The model was co-developed with Rutgers Universitys Continuous Auditing Research Laboratory. In addition to pioneering work in continuous auditing, the Siemens IT Audit Pool has effectively leveraged the use of accepted IT frameworks to audit and promote the use of sound process-focused controls in IT organizations. 


 
Presenter Biography: Ariel Ramirez, CIA, CFSA, CGAP, CCSA, CFE

Ariel Ramirez has provided fraud investigative and other services to Fortune 500 companies, private entities, and foreign governments in North America, Latin America, Eastern Europe, Asia, and the Middle East. Previously, he served as director of Special Investigations for Siemens Corp. (USA). Before that he served in various practice management and execution roles in consulting and Big Four accounting firms. Throughout his entire professional career he concurrently served in the U.S. Marine Corps Reserves and in the U.S. Navy Reserves. Ramirez is an adjunct faculty professor at the University of Maryland Smith School of Business, where he teaches fraud investigation in the Masters of Science program.  


 
Presenter Biography: Alan Siegfried, CIA, CCSA, CFSA, CGAP, CPA

Alan Siegfried is an audit committee chair with more than 30 years of experience in accounting, internal auditing, risk management, internal controls, information technology auditing processes, operations, and business processes and strategy. He is a member of The IIAs Board of Regents, International Board, and North American Board. Previously, Siegfried was an internal audit partner at Ernst & Young and Grant Thornton, LLP; regional director, Enterprise Risk Services at Deloitte & Touche; and vice president and information systems audit director, senior vice president, and general auditor for First Maryland Bancorp. His public sector tenure includes work with the U.S. Government Accountability Office and the U.S. General Services Administration, where he held management-level positions in auditing and information systems auditing.


 
© 2010 The Institute of Internal Auditors / 247 Maitland Avenue Altamonte Springs, FL. 32701-4201 USA / +1-407-937-1100 / FAX +1-407-937-1101 • www.theiia.org