Fraud Risk Fundamentals: Awareness, Prevention, and Mitigation Strategies

This session will provide a refresher on the fundamentals of fraud and the common risk factors facing higher education institutions. Participants will gain clarity on fraud risk roles and responsibilities across the institution, emphasizing shared accountability, stewardship of resources, and alignment with institutional mission and values. The session will also examine real world examples of higher education fraud, waste, and abuse and emerging trends, highlighting key lessons learned, common control breakdowns, and practical indicators of elevated risk. Attendees will strengthen their understanding of how to proactively identify, assess, and mitigate fraud risks in support of ethical operations, regulatory compliance, and long-term institutional sustainability.