PASSA Meeting Wednesday, May 21st

Antitrust Statement

2025-2026 Budget

2025-2026 Dues – National, PASSA, and guest fees

Scholarship

Speaker: Matt Milligan – 12:00 – 12:50

Topic: Fraud and Forensic Accounting

This presentation will provide a general overview of fraud and forensic accounting. This course will be a general overview of fraud and the associated terminology. In addition to outlining the general basics of fraud, the presentation will cover examples I’ve encountered in the upstream oil and gas industry. Lastly, the presentation will cover tips and techniques I’ve discovered that assists a forensic accountant in their careers.

Learning Objectives:

By the end of this session, you will be able to:

• Recall the basics regarding fraud and forensic accounting.
• Give examples of how fraud can arise in the oil and gas industry.
• Describe tools and techniques to assist in fraud detection and forensic accounting.

Program Level: Basic

Pre-requisite: None

Advance Preparation: None

Delivery Method: Group Live

Field of Study: Accounting

CPE Credits: 1.0

Speaker Bio – Matt obtained both his bachelor’s and master’s degrees in accounting from Trinity University. His career started at KPMG, where he was a public auditor focused primarily on the Financial Service and Governmental sectors. After five years with KPMG, Matt transitioned to the Controller position of an investment firm providing investments in tangible assets ranging from oil and gas, pipelines, water rights, and real estate. Matt worked for six years with the investment firm eventually assuming the title of CFO.

After working at the investment firm, Matt wanted to gain a more substantial understanding of the oil and gas industry and went to work for a traditional oil and gas operator and driller. Matt was the CFO of the operator and driller for over nine years and handled all the financial aspects of the operation. Matt is a licensed CPA and a fully Accredited Petroleum Accountant. As he is both a CPA and APA, Matt has also worked as an expert or fact witness in numerous litigation matters.

Currently, Matt is an independent consultant providing fractional CFO/Controller services, litigation support, and forensic accounting with a focus on the upstream energy industry. When not working, Matt spends most of his time with his wife chasing his three boys aged 11, 8, and 6.

Council of Petroleum Accountants Societies (COPAS), Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have 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.nasbaregistry.org.