Certified Fraud Examiners Host Luncheon Feb. 19

  • Tuesday, February 12, 2008

The Chattanooga Area Chapter of the Association of Certified Fraud Examiners will be hosting a joint luncheon meeting with the Chattanooga chapters of the Institute of Internal Auditors and Association of Government Accountants on Feb. 19 at the Walden Club in Chattanooga to discuss the common reasons that auditors fail to detect fraud.

Dennis F. Dycus, CFE, CPA, CGFM will be the keynote speaker. Mr. Dycus serves as director of the Division of Municipal Audit for the Office of the Comptroller, State of Tennessee. Mr. Dycus will be speaking on the timely subject, “Why Auditors Fail to Detect Fraud.”

According to the Association of Certified Fraud Examiners, each year every organization loses, on average, each year, an amount equal to five percent of their revenues due to misconduct from within their organizations.

For reservations, please contact Bill Acuff, billacuff@decosimo.com, or call 423 756-7100.

The cost will be $20.00. Deadline for reservations is Feb 15. Lunch will begin at 11:45 a.m. and conclude at 1 p.m. The presentation will qualify for one hour of CPE.

Mr. Dycus is a frequent guest speaker/lecturer for various college business/accounting classes, professional associations, local, state and national conferences and not-for-profit organizations. From the beginning of his career with a national accounting firm, through the last 34 years of involvement with the audits of all forms of governmental entities, he brings a wealth of practical experience to his presentations.

The Division of Municipal Audit is responsible for the annual audit of all municipalities, utility districts, school activity and cafeteria funds, housing authorities, certain not-for-profit organizations and other quasi-governmental entities in the State of Tennessee. In addition, the Division’s staff conducts numerous audits for fraud, waste and abuse each year.

The Association of Certified Fraud Examiners is the world's premier provider of anti-fraud training and education. The Chattanooga Chapter, together with nearly 40,000 other members of the ACFE, is reducing fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession.

Dennis Dycus presently serves as a member of the Accounting Advisory Council for the Gordon Ford College of Business at Western Kentucky University. He previously served as a member of the Accounting Advisory Board at Middle Tennessee State University.

For the last several years, Mr. Dycus has developed and/or conducted training programs in all 50 states, Puerto Rico, Guam, Canada and Europe, for organizations such as the Association of Certified Fraud Examiners; the American Institute of Certified Public Accountants, numerous state CPA societies and various state government associations.

He is the past recipient of the AGA's, National Education and Training Award and has been presented with several Outstanding Discussion Leader Awards by both the Tennessee and Florida Societies of CPAs. In 1998 he was honored with the Association of Certified Fraud Examiner’s Distinguished Achievement Award for his meritorious service in the detection and deterrence of fraud. He was one of only three individuals in 2001 to receive the designation as a Fellow of the Association of Certified Fraud Examiners in recognition for his contribution to expanding the Association’s body of knowledge toward the detection of fraud.

In 2003, he was the recipient of the Tennessee Society of CPA’s first ever Outstanding CPA in Government Award. Mr. Dycus received the Association of Certified Fraud Examiners’ Outstanding CFE in Government Award in 2004. In addition, he has authored articles on auditing for fraud for national publications.

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