SEMINAR: Introduction to Forensic Accounting and the Role of Association of Certified Fraud Examiners

SEMINAR: Introduction to Forensic Accounting and the Role of Association of Certified Fraud Examiners – 2022

On the afternoon of March 31, 2023, at Room B1-302, Campus B Nguyen Tri Phuong, the School of Accounting and the Association of Certified Fraud Examiners Vietnam Chapter (ACFE Vietnam Chapter) organized a seminar with the topic “ Why do people commit to fraud?”. The seminar aims to build up a connection between students and members of ACFE Vietnam, as well as an opportunity to learn more about fraud and preventing fraud.

ACFE is an American fraud research organization established in 1988 as the Association of Certified Fraud Examiners. This is the world's largest anti-fraud organization and a leading provider of anti-fraud training and education. With more than 90,000 members in over 180 countries, ACFE helps reduce business fraud globally and gives communities confidence in the integrity and objectivity of professional organizations.

The seminar took place in English with the representatives of Dr. Bui Quang Hung – UEH Vice President, Vice President of ACFE Vietnam Chapter, the pedagogical team of the School of Accounting, the members of ACFE Vietnam Chapter, and lecturers from Industrial University of Ho Chi Minh City, Ho Chi Minh University of Banking, and more than 200 students from different universities.

To open the seminar, Mr. Saman Bandara, current President of ACFE Vietnam Chapter, Senior Partner at EY Vietnam, again emphasized the importance of fraud investigation, the causes leading to fraud and the necessity to prevent fraud, that is also the meaning of today's conference topic.

At the seminar, the speakers including Mr Saman, Ms Mai Dang and Mr Jay presented more specifically about the elements of Donald Cressey's (1950) Fraud Triangle model, which is a classic study of the world. Three components in this model including: Pressure, opportunity and rationalization were concretized by these speakers along with real cases to help answer the question: "Why do people commit to fraud?"

The seminar was a great success when it provided an excellent opportunity for students in accounting and auditing to listen to the sharing from practicing professionals and experts in the field of anti-fraud activities, improving their professional knowledge, updating their skills on emerging topics, and enhancing their understandings on empirical practices.