IMPACT: A School of Business Newsletter Fall/Winter 2023

Page 6

2023 Fraud Conference Sept. 20, 2023

MAcc student, Reine Albite, reported: “This conference emphasized artificial intelligence (AI) and cybersecurity. The AI movement and its integration by the profession is advancing the use of technology. Cybersecurity risk is a growing field. Before the conference, I had no idea how prominent cybersecurity was in the internal audit profession. For example, in 2022, $10 billion in total losses were reported to the Internet Crime Complaint Center. Ransomware, phishing emails, and social engineering are growing threats that target companies' financial health. As these risks grow, so does the need for advanced skills. Other interesting presentations included real stories of fraud investigations in business and government. Saint Martin’s offers a graduate certificate in Internal Audit & Risk Management. Undergraduate students can use the 4 + 1 program to start classes during their senior year. Overall, this conference offered many lessons and I encourage students to attend local conferences to network with professionals, learn about potential careers, and spark ideas on future career paths.”

Students in Professor John Craighill’s ACC667 Internal Audit class attended the 2023 Fraud Conference, hosted by the Nisqually Chapter of the Institute of Internal Auditors.


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IMPACT: A School of Business Newsletter Fall/Winter 2023 by Saint Martin's University School of Business - Issuu