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Tuesday, February 13, 2018
1:00 PM - 2:00 PM
1:00 PM - 2:00 PM See all dates and Times
http://bit.ly/2mDFiHK
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 details click on this link :
http://bit.ly/2mDFiHK
Email: [email protected]
Toll Free:+1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
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 details click on this link :
http://bit.ly/2mDFiHK
Email: [email protected]
Toll Free:+1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
