Procure-to-Pay Fraud: Detecting and Preventing Purchasing, Receiving and Disbursement Frauds - online live webinar on April 2018 by Training Doyens.

Procure-to-Pay Fraud: Detecting and Preventing Purchasing, Receiving and Disbursement Frauds - online live webinar on April 2018 by Training Doyens.

Webinar Information


Procure-to-Pay Fraud: Detecting and Preventing Purchasing, Receiving and Disbursement Frauds


Procure-to-Pay Fraud: Detecting and Preventing Purchasing, Receiving and Disbursement Frauds, Denver, Colorado, United States
Webinar Title
Procure-to-Pay Fraud: Detecting and Preventing Purchasing, Receiving and Disbursement Frauds
Event Type
Webinar
Webinar Date
10-04-2018
Last Date for Applying
10-04-2018
Location
Denver, Colorado, United States

Organization Name / Organize By
Training Doyens
Organizing/Related Departments
Training Doyens
Organization Type
Organization/Company
Webinar Category
Both (Technical & Non Technical)
Webinar Level
All (State/Province/Region, National & International)
Related Industries

Education/Teaching/Training/Development

Business Development

Finance

Accounting/Financial/Banking/Insurance

Location
Denver, Colorado, United States

OVERVIEW

For many organizations, the procure-to-pay cycle offers extensive opportunity for increased operational efficiency. However, it also provides potentially numerous opportunities for fraudsters to exploit control deficiencies in all three stages—purchasing, receiving and disbursements.

One common management mistake in the P2P cycle is adhering to a reactive anti-fraud posture. A criminal act committed in, for example, the purchasing department through a kickback scheme, may be detected and dealt with on an “emergency” basis. Meanwhile, equally, if not more costly frauds may be going unnoticed in the receiving and account payable areas.

Anti-fraud experts urge a proactive, comprehensive P2P anti-fraud approach. It should include assessing fraud risks in all three phases ... conducting regular audits that comprise testing for these risks and ... following up with effective internal control design and monitoring.

WHY SHOULD YOU ATTEND

Fraud is growing every year, according to the respected international fraud investigation firm, Kroll. The majority of all fraud, according to the Association of Certified Fraud Examiners is committed by employees.

Because most of the funds flowing out of the organization do so through the procure-to-pay cycle, it stands to reason that much of the growing fraud threat is centered on these critical closely-linked business functions.

This underscores the urgent need for management to understand the vast variety of frauds in P2P and to apply the necessary detection, audit, reporting and prevention measures.

AREAS COVERED

INTRODUCTION

  • Statistical overview of the fraud problem generally, and T&E fraud specifically
  • Who commits fraud
  • Overview of most common P2P fraud schemes
  • Case studies of purchasing, receiving and disbursement fraud

P2P FRAUD DETECTION AND PREVENTION

  • Red flags of key P2P frauds
  • Conducting a Fraud Risk Assessment of the P2P Cycle
  • Audit techniques to identify P2P fraud red flags
  • Digging deeper for indicators of actual fraud
  • Reporting to Management
  • Remediating internal control deficiencies in the P2P process
  • Case studies of procurement, receiving and disbursement fraud

LEARNING OBJECTIVES

  • Understand how the most common procurement, receiving and disbursement fraud are perpetrated, including the latest technology-driven crimes that are costing organizations millions of dollars
  • Understand why purchasing, receiving and accounts payable employees commit fraud
  • Recognize the all-important red flags of common P2P frauds
  • Develop a knowledge base of P2P fraud detection tools and techniques
  • Begin creating a framework of effective anti-fraud controls

WHO WILL BENEFIT

  • Purchasing managers and senior staff
  • Accounts payable managers
  • Shipping and receiving/supply chain managers
  • Accounting and audit practitioners
  • CFO’s and senior finance staff
  • Internal and external audit professionals
  • Senior financial management seeking to reduce their vulnerability to costly frauds
  • Compliance and ethics managers
  • CFO’s/senior financial managers
  • Security personnel

For more detail please click on this below link:

Email: support@trainingdoyens.com

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882

Others Details

Understand how and why Purchasing, Receiving and Disbursement Frauds are committed and learn strategies to prevent them.

Registration Fees
Available
Registration Fees Details
Live Session for one participant $159 Corporate Live Session Group – Max 10 Participants from one location. $449 Recorded Session Get unlimited access to audio recording of the webinar for 6 months. $199 Training DVD or USB Flash Drive MP3 files, PDF presentation and reference manual will be delivered on a CD $379 Super Combo Offer 1 Live and Recorded webinar $289 Super Combo Offer 2 Live and Training CD $429
Registration Ways
Email
Phone
Website
Other
Address/Venue
26468 E Walker Dr, Aurora, Colorado 80016  Pin/Zip Code : 80016
Landmark
Colorado
Official Email ID
support@trainingdoyens.com
Contact
Training Doyens

26468 E Walker Dr, Aurora, Colorado 80016-6104

support@trainingdoyens.com

   7209961616
Michael smith

26468 E Walker Dr, Aurora, Colorado 80016-6104

support@trainingdoyens.com

   7209961616    Fax No: Colorado City