20WX-0849: Procure-to-Pay Fraud: Detection and Prevention Best Practice (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Tuesday, July 21, 2020
8:30am - 10:30am Central Time
2 CPE (2 technical)
For most organizations, the procure-to-pay cycle (P2P) offers extensive opportunity for increased operational efficiency. However, it also provides numerous opportunities for fraudsters to exploit control deficiencies in all three stages--purchasing, receiving and disbursements.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Major subjects
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Who commits fraud in each segment of the P2P Cycle and why they do it
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Inside secrets from actual fraudsters
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Vendor billing schemes
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Vendor Master File frauds
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Shipment diversion/theft schemes
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Shipping document falsification
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Latest payments schemes (ACH hijacking, social engineering and more
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Check fraud and tampering
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How easy it can be for Procurement to collude with vendors in costly kickback schemes
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Abusing the competitive bidding process for personal gain
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Conflicts of interest
Learning objective(s)
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Conduct a quick and cost-effective Fraud Risk Assessment of Procurement, Receiving and AP
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Implement effective P2P fraud detection techniques and build audit practices to detect the red flags of the many frauds threatening your P2P operations
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Implement best-practice anti-fraud control strategies for P2P
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Advise management on fraud risk mitigation
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Recommend a better anti-fraud control structure
Who should take this program?
CPAs, bankers, senior financial executives, internal auditors, purchasing managers, AP managers, operations managers, controllers, CFOs, compliance officers, security and risk managers
Fees
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$79.00
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Standard Member Fee |
$79.00
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Standard Nonmember Fee |
$79.00
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