Loyd Educates Schools on Fraud & Financial Statements

May 29, 2014

SJHL's Scot Loyd presenting at the KMAAG School Seminar

SJHL's Scot Loyd speaks to a group of school district officials attending a seminar on understanding their school district's financial statements as well as learning about reducing the potential for fraud in their school districts.

The KMAAG Seminar was hosted at the beautiful McPherson Opera House Ballroom. Many school representatives attended the seminar as well as a few of our SJHL employees. The agenda included topics on fraud and financial statement preparation.

SJHL employees at the seminar: Darren A., Justin K., Keith J., Christina H., Andrew B.

One of the fraud stories in the seminar was "Where Does The Highest Risk of Fraud Exist in your School District?" The highest risk of fraud that exists in our school districts is unethical behavior such as motive, pressure, rationalization, and opportunity. Scot talked about fraud brainstorming and the segregation of duties to help minimize the risk of fraud in our schools.

If you are interested in attending our KMAAG City or County seminars, please click here. You will find more information on the seminars as well as a link to sign up!

The KMAAG City seminar takes place on June 5th and the County seminar takes place on June 18th.

SJHL's Scot Loyd presenting at the KMAAG School Seminar

If you have any questions on the City or County seminars, please call our office at 620-241-1826 and ask for Caitlin Hitchcock.