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Wednesday, May 09, 2018
1:00 PM - 2:30 PM
1:00 PM - 2:30 PM See all dates and Times
https://bit.ly/2H3fwp5
OVERVIEW Expense reimbursement fraud—encompassing the myriad forms of employee travel and entertainment (T&E) schemes as well as Purchasing Card (P-Card) fraud—costs organizations hundreds of thousands, if not millions of dollars per year
According to the Association of Certified Fraud Examiners (ACFE), expense reimbursement frauds result in a median loss of $26,000 per incident and represent 14.5% of all employee fraud.
WHY SHOULD YOU ATTEND
In one case alone, a senior executive of a major multinational company stole $500,000 by abusing his expense account privileges. While this may not be typical of expense reimbursement fraud, it does illustrate how employees who have the opportunity to exploit weaknesses in your organization’s expense reimbursement processes and procedures can do so.
Moreover, anti-fraud experts agree that expense reimbursement fraud can be among the most difficult types of employee crime to detect and prevent.
AREAS COVERED
INTRODUCTION:
• Statistical overview of the fraud problem generally, and T&E fraud specifically
• Who commits fraud
• Why employees commit fraud (The Fraud Triangle)
• Lessons from T&E fraudsters
FRAUD DETECTION:
• How T&E Frauds Are Most Often Detected
• Additional General Detection Methods
• Data Mining/Analytics for fraud detection
• Examples of Fraud Audit Techniques at Work
LEARNING OBJECTIVES
This webinar will summarize the main types of reimbursement fraud to be alert of, including several “real life” case studies. It will then explain how to identify the red flags of possible reimbursement fraud, offer specific fraud-audit techniques and test for these crimes and conclude with a rundown of proven anti-fraud controls.
WHO WILL BENEFIT
• Internal and external audit professionals
• Accounting and audit practitioners
• HR managers
• Senior financial management seeking to reduce their vulnerability to costly frauds
• Payables specialists
• Procurement managers
• Compliance and ethics managers
• CFO’s/senior financial managers
• Security personnel
For more detail please click on this below link:
https://bit.ly/2Hty4lO
Email: [email protected]
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
According to the Association of Certified Fraud Examiners (ACFE), expense reimbursement frauds result in a median loss of $26,000 per incident and represent 14.5% of all employee fraud.
WHY SHOULD YOU ATTEND
In one case alone, a senior executive of a major multinational company stole $500,000 by abusing his expense account privileges. While this may not be typical of expense reimbursement fraud, it does illustrate how employees who have the opportunity to exploit weaknesses in your organization’s expense reimbursement processes and procedures can do so.
Moreover, anti-fraud experts agree that expense reimbursement fraud can be among the most difficult types of employee crime to detect and prevent.
AREAS COVERED
INTRODUCTION:
• Statistical overview of the fraud problem generally, and T&E fraud specifically
• Who commits fraud
• Why employees commit fraud (The Fraud Triangle)
• Lessons from T&E fraudsters
FRAUD DETECTION:
• How T&E Frauds Are Most Often Detected
• Additional General Detection Methods
• Data Mining/Analytics for fraud detection
• Examples of Fraud Audit Techniques at Work
LEARNING OBJECTIVES
This webinar will summarize the main types of reimbursement fraud to be alert of, including several “real life” case studies. It will then explain how to identify the red flags of possible reimbursement fraud, offer specific fraud-audit techniques and test for these crimes and conclude with a rundown of proven anti-fraud controls.
WHO WILL BENEFIT
• Internal and external audit professionals
• Accounting and audit practitioners
• HR managers
• Senior financial management seeking to reduce their vulnerability to costly frauds
• Payables specialists
• Procurement managers
• Compliance and ethics managers
• CFO’s/senior financial managers
• Security personnel
For more detail please click on this below link:
https://bit.ly/2Hty4lO
Email: [email protected]
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
