Welcome!

Our Mission (more)

Welcome to the Institute for Fraud Prevention (IFP). Our mission is to globally reduce fraud and corruption.

The Institute for Fraud Prevention (IFP) is an industry/university cooperative research center dedicated to multi-disciplinary research, education and prevention of fraud and corruption. The IFP’s primary mission is to improve the ability of business and government to combat these crimes and to educate the general public on effective methods of recognizing and deterring them.


Upcoming Events

IFP Fall 2014 Meeting

Register Online: For best results, use Internet Explorer to register.

The IFP’s Fall 2014 Meeting will be held November 6-7, 2014 at the John Jay College of Criminal Justice, CUNY in NY, NY. For more information, please email inquiries@theifp.org.

The Institute for Fraud Prevention is on the National Registry of Accountancy (NASBA) as a sponsor of continuing professional education. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org

Research proposals and related funding requests will be considered for presentation and future anti-fraud research priorities will be discussed at this meeting. Please check back to see new projects underway and updated information on future activities.


Leadership:

  • President — William "Bill" Olsen, CFE, CAMS, CIA
  • Executive Director — LaRue Williams, PMP, MPA
  • Director of Research — Richard Riley, CFE, Ph.D., CPA/CFF

IFP Call for Research Proposals:

General Proposal Guidelines:

  • The Project Proposal Form must be received by October 1, 2014.
  • Questions should be directed to the IFP Director of Research Dick Riley, rriley@theifp.org.
  • It is expected that any grant recipients will make substantial progress on their project by our Fall 2014 Meeting.
  • Generally, grant recipients are expected to present a progress report at each semi-annual IFP meeting until the project is completed and the results of their study upon completion.

Guidelines for Monetary Research Support Requests:

  • The Project Proposal Form is limited to one page. The proposal must include a budget with sufficient supporting calculations and reflect the total amount requested. The initial funding limit per project is currently $10,000.
  • Generally, those projects soliciting monetary support are not requesting access to IFP databases.
  • IFP membership will determine which proposals will be funded and makes no commitment to fund any projects.

IFP Databases

The IFP offers researchers limited access to two databases:

    • SEC litigation release database including 326 individual financial statement frauds from 1985 to 2009. Each observation is a public company and the dataset includes extensive financial statement data. Click here for a more detailed description of the database.
    • Data observations behind the ACFE's 2004, 2006, 2008, 2010 Reports to the Nation(s). The database will be received in Microsoft Access format. The variable descriptions are closely tied to the ACFE respondent survey questions. Click here for a more detailed description of the data descriptions.

Guidelines for Use of the IFP Databases:

  • The Project Proposal Form must be completed and is limited to one page.
  • The Project Proposal Form much be accompanied by a Research Proposal Overview (RPO) that is limited to no more than 5 pages in length (11-point font). The RPO must address five items (one page for each item): (1)the research question, (2)a brief research literature review for the topic under consideration, (3)the research methodology, (4) an outline explaining how the database will be utilized (and what data will be collected and added to the database), (5) why the research question is important to practicing professionals and aligns with the goals of the IFP and its members.
  • Generally, those projects soliciting monetary support are not requesting access to IFP databases. Likewise, those research proposals requesting access to IFP databases will not be funded monetarily.
  • Each research proposal will undergo a "desk review." Some of those proposals will be selected for further consideration by the IFP Membership. Researchers, whose research proposal is selected for additional consideration, must attend an IFP meeting and present their research proposal to the IFP Membership and meeting attendees.
  • It is expected that any grant recipients will make substantial progress on their project by the next semi-annual IFP meeting and present a progress report at each semi-annual IFP meeting until the project is completed and the results of their study upon completion.
  • If a researcher in any way adds to an IFP database, at the 1 year anniversary from the inception of the research effort, that researcher / research team agrees to provide the IFP with any additional observations and/or data items as well as the supporting documentation (properly organized and documented) so that the IFP can verify the accuracy of the additional data. It is also then understood that after the 1 year anniversary from the inception of the project, that the additional data shall, at the IFP's discretion, be included in the IFP database and IFP may provide the expanded dataset to other researchers / research teams.
  • Researchers awarded access to the IFP database are limited in using that database solely for the project included in the research proposal. Researchers agree to limit their research of the database to the proposed idea. Additional examinations, extensions or any investigation not specifically included in the research proposal must be included in a subsequent IFP proposal.
  • Researchers awarded access to the IFP databases agree that they will not share the IFP databases with anyone not explicitly included on the research proposal.
  • Researchers awarded access to the IFP database containing data from ACFE Reports to the Nation will be required to execute a nondisclosure agreement prior to receipt of data.
  • Research reports will be included on the IFP website.
  • Researchers whose findings are published or publicly presented will acknowledge IFP support.
  • The IFP will determine which proposals will be supported and will formally notify the researcher. The IFP makes no commitment to support any projects.