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    Richard Brody Named ACFE Educator of the Year
    news item posted August 23, 2012 by Deirdre Harris, last edited September 5, 2012, tagged 2012, achievement, general news 
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    Richard Brody Named ACFE Educator of the Year
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    University of New Mexico Professor Richard Brody Honored at ACFE

    The Association of Certified Fraud Examiners (ACFE) is hosting its annual conference in Orlando, FL this week.  One of the awards it will be handing out will go to University of New Mexico (UNM) professor Richard Brody who is to receive its Educator of the Year award.

    The award is presented to an ACFE Educator member who has made an outstanding contribution in anti-fraud education.  In a press release from UNM, Dr. Craig White, Chair of the Anderson Accounting Department at UNM said, “He [Brody] has created awareness and excitement among our students on the issue of fraud detection and prevention.”  Brody is preparing tomorrow’s accountants with the tools to not only be investigators of fraud, but also professionals that prevent fraud from occurring int he first place.

    UNM, located in Albuquerque, NM, is situated near the FBI’s Regional Computer Forensic Lab (RCFL).  The lab has proved to be a good learning opportunity for students that are part of the university’s Information Assurance program, a study in the area of computer forensics.  The curriculum, which consists of students from both accounting and management information systems, includes using computer programs to uncover fraud related to money laundering, analyzing digital forensics and developing systems to prevent fraud.

    “I’m all about prevention,” said Professor Brody in a recent interview.  ”At UNM we have a program where our students do an assessment of small non-profit organizations to evaluate their processes.  Our students are intimidated at first but they quickly realize that what they are learning here is applicable to these small operations.”  These nonprofit organizations could not otherwise afford such an in-depth assessment, nor could they afford the consequences of a fraud that could result in significant financial losses.  ”Our students analyze the processes, procedures and the information systems of the non-profit,” Brody said.  ”When they are done, the students feel more confident that they actually helped and the organization feels they received a valuable service.  When we first started the program I could hardly find a non-profit to participate, now we have to put them off for a semester or two until we can get to them.”

    Beyond non-profits, Professor Brody and others at UNM have worked to place their students with the FBI, Secret Service and other governmental agencies that battle white-collar crime.  ”For our accounting majors, it gives them a skill set that other accountants may not have with an accounting degree alone,” Brody explained.  ”Not everyone is cut out to be in law enforcement, but these students will be better equipped to perform audits and dig deeper with their questions when they get into the real world.”

    Some students do have a knack for crime fighting and UNM interns have worked with local and state law enforcement looking for and solving white-collar frauds.

    Congratulations to the University of New Mexico and Professor Brody.