Jul 16, 2015
From the Government Institute
Government programs, including healthcare, Medicare, and other ACA programs, are susceptible to fraud, waste, and abuse. Due to limited resources, government investigators often operate in a reactive mode instead of stopping fraud before it takes place.
David Buckley, Managing Director in KPMG's Federal Advisory practice who specializes in investigations, forensics, and risk mitigation strategies, was featured in Risk & Compliance and discussed implementing proper internal controls to prevent improper payments and fraud while still providing efficient government programs.
In the interview, David suggests the need for government program managers to engage the private sector to build risk based controls and develop metrics for monitoring implementation and results, which is complex work. In addition, David believes that a decrease in spending on discretionary programs will likely increase risk to the individual programs and federal government.
Managing Director, Advisory