The Impact of the New Improper Payments Elimination and Recovery Act to Eliminating Fraud
Overview:
The Improper Payments Elimination and Recovery Act (IPERA) was signed into Law by President Obama on July 22, 2010. It aims to reduce wasteful payments to individuals and contractors by $50 billion until 2012. Under the IPERA rules, companies must adhere to a whole host of new standards including monitoring and measuring the performance of annual risk assessments.
It’s clear that companies and agencies must have a thorough understanding of the new IPERA provisions as well as its potential impact to their business relations.
The Knowledge Group is assembling a panel speaker experts and regulators who will share their thoughts in a two-hour webcast. A live interaction with the audience in a question and answer format is also included in this event. Whether you agree with the law or not, one thing is certain, missteps could result in large penalties and fines (not to mention unflattering PR) if you don’t get this right.
Don’t take any chances when it comes to this law! Sign up for this course and be in the know. Click the “Register” button below as space is limited and significant discounts apply to early registrants.
Agenda:
Jeffrey C. Steinhoff, CGFM, CPA, Executive Director, Government Institute, Managing Director, Federal Advisory Practice,
KPMG LLP
- The Evolution of the Focus on Improper Payments
- GAO and IG Audits
- Legislative Framework
- Presidential Call for Action
- A Practical Look at What Government Agencies Can to Address the Presidential Call for Action
- There is No Silver Bullet
- The Responsibility of Program Managers and Role of the CFO
- At the Heart of Reducing Improper Payments: The Role of Risk Management
- Continuous Monitoring: A Key Management Ally in the Fight Against Improper Payments
- Data Sharing Can Help Reduce Improper Payments by Enhancing Business Intelligence
Joseph D. West, Partner, and Co-Chair of the Government and Commercial Contracts Practice
Gibson, Dunn & Crutcher LLP
- Recovery Audit programs undertaken by the federal government
- Late 1990’s DOD Pilot Program
- Medicare Recovery Audit Contractor Program
- Department of Education current RFI to industry in response to IPERA
- DOD Pilot Program
- Role of recovery auditors
- Statistics regarding recoveries
- Medicare Recovery Audit Program
- Lessons learned
- GAO assessment
- Current DOE RFI
- Requests to industry
- Input from DOE
- Personal experience with DOD Pilot Program
- Aggressive position taken by auditor
- Difficulties in negotiating resolution with contracting officer
- End result via mediation
Who Should Attend:
- General Counsel
- Compliance Officers
- Internal Control
- Executive Management
- Federal Advisory Consultants/Attorneys
- Fraud Examiners
- CPAs
- Government Financial Managers
- Financial Consultants and Advisors
Joseph D. West is the Co-Chair of the Government and Commercial Contracts Practice Group of Gibson, Dunn & Crutcher LLP, …
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
On-demand Webcast
Prerequisite:
NONE
Course Code:
104079
Total Credits:
2.0 CLE
Login Instructions:
No Access
You are not logged in. Please Login or register to the event to gain access to the materials and login instructions.
Unlock All The Knowledge and Credit You Need
Leading Provider of Online Continuing Education
It's As Easy as 1, 2, 3
Get Your 1-Year All Access Pass For Only $199
SPEAKERS' FIRMS:
About KPMG LLP
Website: https://kpmg.com/
About Gibson, Dunn & Crutcher LLP
Gibson, Dunn & Crutcher LLP is a leading international law firm. Consistently ranking among the world’s top law firms in industry surveys and major publications, Gibson Dunn is distinctively positioned in today’s global marketplace with more than 1,000 lawyers and 17 offices, including Brussels, Century City, Dallas, Denver, Dubai, Hong Kong, London, Los Angeles, Munich, New York, Orange County, Palo Alto, Paris, San Francisco, São Paulo, Singapore, and Washington, D.C.
Website: https://gibsondunn.com/
Related Webcasts:
Litigation Funding: Maximizing Potentials While Mitigating Risks
1:00pm to 2:00pm
AML/CFT: Trends, Developments and Enforcement Actions to Guide Companies in 2021
4:00pm to 5:00pm
How to Deal with Mental Health and Substance Use Issues: Practical Tips and Strategies Lawyers Need to Consider
12:00pm to 2:00pm