More than 100 auditors from Liberia’s public and private sectors have graduated with Continuing Professional Education (CPE) certificates from the Liberia Chapter of the Association of Certified Fraud Examiners (ACFE Chapter #198).
The graduates completed an intensive three-day anti-fraud symposium held at the Liberia Maritime Authority (LiMA) in Monrovia from November 13-15, 2024.
The training focused on equipping participants with advanced tools and strategies to detect, investigate, and combat corruption and financial waste across the country.
Attendees engaged in sessions covering topics such as Detecting and Investigating Maritime Frauds, International Financial Reporting Standards for Financial Statement Frauds, Data Analysis Techniques for Fraud Examiners, Understanding Whistleblower Protection and Challenges, and Ethical Theory for Fraud Examiners.
The symposium, themed “Together, Reducing Fraud Nationwide,” aimed to strengthen Liberia’s fight against corruption by enhancing the capacity of fraud examiners, auditors, and other professionals.
Participants earned their Anti-Fraud certificates after completing 20 hours of focused training designed to improve their skills in fraud detection, investigation, and prevention.
Atty. Augustine Chenoway, a key facilitator, commended participants during the certificate presentation ceremony, expressing optimism about their role in combating fraud.
“With the knowledge and skills, you’ve acquired, you are now equipped to help arrest corruption and fraud across Liberia. Fighting corruption requires collective efforts, rightful education, and proper information,” Atty. Chenoway remarked.
The symposium featured collaborative discussions and networking opportunities for professionals, including auditors, accountants, legal practitioners, law enforcement officers, and compliance officials.
The Vice Chairperson of the Liberia Anti-Corruption Commission (LACC), Ernest Hughes, praised ACFE-Liberia Chapter for the initiative and pledged the LACC’s continued support.
“As a presenter at this conference, I saw firsthand your commitment to addressing fraud. The Liberia Anti-Corruption Commission is ready to collaborate with you in advancing this fight,” Hughes stated.
Graduates of the program expressed gratitude for the training, describing it as transformative. They pledged to apply their newfound skills to mitigate corruption and financial fraud within their respective organizations.
“This training has strengthened our knowledge on fraud prevention. We assure you that we will use this knowledge to fight corruption and financial fraud, ensuring accountability and reducing waste in both public and private sectors,” a participant representative stated.
The ACFE-Liberia Chapter plans to continue its efforts to foster transparency and accountability through professional development and public awareness campaigns.
Starting November 18, 2024, the chapter will launch a nationwide fraud awareness initiative to further educate stakeholders on identifying and addressing corruption.
By enhancing the capabilities of fraud examiners and fostering collaboration among key stakeholders, the Liberia Chapter of ACFE has taken a significant step toward reducing fraud nationwide, reinforcing the country’s commitment to transparency and ethical governance.
