Press Release

CID Investigators attend PEIC Conference in Guam

Investigative Auditors Kelly Samuel and William Billimon of the Office of the National Public Auditor, Criminal Investigation Division (CID) attended the Pacific Emerging Issues Conference (PEIC) held at the Guam Marriott Resort & Spa in Tumon Bay from July 7 to 11 2008. The investigators were among participants from various agencies of the FSM and Guam governments.

The Conference focused mainly on management, accountability and strategic planning issues underlining the financial hardships and challenges in the Pacific Island region. These issues as addressed and emphasized by lecture topics and case studies were shared and facilitated by professionals in the field of accounting, auditing and fraud.

The courses presented included the following: “ Resolving Audit Findings and Questioned Costs” , “Plenary-Performance Audit Case Study: Could There Possibly Be Fraud in Construction?, “The CGFM Designation”, “Strategic Planning”, “Mistakes Were Made – Heads Rolled: The Responsibilities of the Government Board” , “The War Against Fraud & Abuse: Are We Winning?”, “Anatomy of a Fraud”, “When You Absolutely Need to Know the Costs”, “Ethics”, “Military Build-up on Guam”, “Single Audit Issues and PEIC Report”, “FASB Updates”, “Cyber-Espionage and Cyber-Terrorism: Fact or Fiction”, “Fraud in the Digital World”, “Was it Fraud or Just Poor Audit Quality?”, “CNMI's Economic Situation” and “Something Doesn't Smell Right Down at the Sewer District”. Upon completion, participants earned 32 CPE hours. In addition, the participating investigators expressed satisfying experiences and knowledge gained after the conference.

The Conference was coordinated by the Association of Government Accountants (AGA) and Guam Society of Certified Public Accountants.