Online Safety Community

Accounts Payable Fraud – Ways to Detect and Prevent AP Fraud

Event Details

Accounts Payable Fraud – Ways to Detect and Prevent AP Fraud

Time: April 17, 2018 from 1pm to 2pm
Location: 26468 E Walker Dr, Aurora, Colorado 80016
Street: 26468 E Walker Dr, Aurora, Colorado 80016
City/Town: Aurora
Website or Map: https://goo.gl/cj6WVU
Phone: 18883008494
Event Type: online
Organized By: Training Doyens
Latest Activity: Mar 16

Export to Outlook or iCal (.ics)

Event Description

OVERVIEW

The passage of Sarbanes-Oxley back in 2002 forced many companies to look deeper into internal Accounts Payable controls. They realized that is was not an easy task. Implementing internal controls takes time, money, and effort. However, if fraud or missteps are uncovered, it will be worth the investment. If not, you have the knowledge that your ship is tight.

There are several approaches you can try to tighten up your A/P operations and thereby perform an internal audit; which in itself will be fruitful for future audits and investigations. These approaches require some data gathering, procedural changes, and employee education. However, the implementation of these changes should not be a burden to you, your staff, or the company.

WHY SHOULD YOU ATTEND

Internal fraud has been around long before Sarbanes-Oxley and will be with us when we retire. According to the Association of Certified Fraud Examiners (ACFE), it is estimated that 5% of all revenueis lost to occupational fraud every year. Fraud is not completely preventable but there are steps you can take to systemically prevent and detect fraud on an ongoing basis.

AREAS COVERED

  • Data gathering
  • Establishing the scope and objectives
  • Assessing your risk and resources
  • Quality of policies, procedures, and limits
  • Risk assessment for specific payment types
  • Specific incidences to research
  • Management approach
  • Summary

LEARNING OBJECTIVES

This webinar will discuss several key areas to investigate, how to uncover fraud, and put a plan in place to prevent it going forward. We will cover duplicate payments where a simple quarterly scan can uncover potential issues. 

Other items discussed will be abnormal payment volumes, check /wire amounts, addresses, and the like. These steps can be taken to monitor, detect, and mitigate fraud in accounts payable.

WHO WILL BENEFIT

  • Accounts Payable Managers
  • Payments professionals
  • Operations managers
  • Cash management product and sales staff
  • Treasury managers
  • Commercial bankers
  • Corporate treasury professionals
  • Payments network providers
  • Payments processors

 

For more detail please click on this below link:

http://bit.ly/2mDFiHK

 

Email: support@trainingdoyens.com

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882

Comment Wall

Comment

RSVP for Accounts Payable Fraud – Ways to Detect and Prevent AP Fraud to add comments!

Join Online Safety Community

Attending (1)

Take our poll!

Take our poll!

Latest Activity

nicolewells posted a discussion

Talend Application Integration

APPLICATION INTEGRATION:Talend ESB and Application Integration delivers agile real-time integration of applications and data.Heterogeneous Application and Data IntegrationTalend’s open source ESB products combine an innovative, Eclipse-based tooling environment with messaging, Web services, data services, intelligent routing and data transformation. Talend ESB enables developers to easily build reliable, scalable and secure REST, Web and data services to quickly integrate heterogeneous IT…See More
Friday
HrishikeshRam posted blog posts
Friday
Russel Stuart posted blog posts
Friday
Nakul Pratap posted blog posts
Friday

Forum

Talend Application Integration

APPLICATION INTEGRATION:Talend ESB and Application Integration delivers agile real-time integration of applications and data.Heterogeneous Application and Data IntegrationTalend’s open source ESB…Continue

Tags: york, new, certification, training, talend

Started by nicolewells on Friday.

Workplace health and safety Signs 4 Replies

You cannot ignore the importance of safety signs at your workplace. There is no scope to underestimate the important to health and…Continue

Tags: Prohibition, Workplace, Warning, Signs, Safety

Started by healthandsafetysigns. Last reply by Jen McDade Sep 17.

Jewellery policy - breakaway pins

Hello,Hopefully someone has come up against this, my employers have implemented a jewellery policy; its a bit over the top but they are keen on enforcing it.As is the tendency with anything…Continue

Tags: watches, heavy machinery, industry, Jewellery

Started by Brent Sep 10.

Secure Yourself From The Impending Danger 3 Replies

The most important thing in life is one’s protection against the impending dangers of life. While working or even at home we all feel the need to be safe because if we have good and safe life, only…Continue

Tags: coverings, Protective

Started by Enna Henry. Last reply by Jen McDade Sep 7.

How To Get The Safest Personal Protective Equipment? 2 Replies

Worried about the safety issues? Feeling a little concerned about the safety factors? Running a company and the safety problems are bothering you? Feel relaxed and look for the best safety solutions…Continue

Tags: equipment, protection, personal

Started by Enna Henry. Last reply by Jen McDade Aug 31.

Badge

Loading…

© 2018   Created by Safety Community.   Powered by

Badges  |  Report an Issue  |  Terms of Service