Performing Anti-Fraud Audits in Purchasing and Accounts Payable

2 years ago Posted By : User Ref No: WURUR107132 0
  • Image
  • TypeWebinar
  • Image
  • Location Online Event
  • Price
  • Date 02-05-2022
Performing Anti-Fraud Audits in Purchasing and Accounts Payable, Online Event
Webinar Title
Performing Anti-Fraud Audits in Purchasing and Accounts Payable
Event Type
Webinar
Webinar Date
02-05-2022
Last Date for Applying
02-05-2022
Location
Online Event
Organize and Presented By
247compliance.us
Sponsored By
247compliance.us
Organizing/Related Departments
Banking and Finance
Organization Type
Event Organizing Company
WebinarCategory
Non Technical
WebinarLevel
All (State/Province/Region, National & International)
Related Industries

Education/Teaching/Training/Development

Business Development

Finance

Administration/Management

Employment/Jobs/Recruitment

Placement/Carriers

Accounting/Financial/Banking/Insurance

Location
Online Event

OVERVIEW

The Purchasing and Accounts Payable cycles create a multitude of data that can be analyzed and tested for certain elements of possible fraud. Accounts Payable is considered the "checkbook" of the organization and therefore creates an area that without the proper control environment can be ripe for fraud. Internal Audit organizations have the ability to spend resources to analyze the data that comes out of the process to enable the organization to feel comfortable that controls are in place and functioning properly or that there may be fraud occurring. There are simple ways to analyze large volumes of data that come from paying invoices. Understanding the data is the first step toward knowing what to look for. The course will spend some time discussing the use of Audit Control Language (ACL) and how this tool and other tools like it (IDEA) are helpful in the analysis of Accounts Payable and Purchasing data.

WHY SHOULD YOU ATTEND?

With an increased awareness of fraud and the ongoing cost to organizations, taking a proactive stance on performing anti-fraud audits in Purchasing and Accounts Payable is imperative to most organizations. According to the Association of Certified Fraud Examiners (ACFE) "Report to the Nations on Occupational Fraud and Abuse" published in 2012, it predicted that 5% of an organization's revenue is lost to fraud. This course will provide you with a basic understanding of fraud, different data analyses that can be utilized, proactive accounts payable Anti-Fraud examples of reviews that can be conducted, and different data analysis tests that can be performed. Some knowledge and use of ACL or IDEA is suggested but not required.

AREA COVERED

  • Examples of proactive accounts payable anti-fraud reviews
  • Different data analysis tests that can be performed on accounts payable data
  • Different data analysis tests that can be performed on purchasing data

LEARNING OBJECTIVES

  • The fraud triangle and statistics from the ACFE
  • A basic understanding of fraud and the different types of fraud that can occur
  • Understanding the data that A/P or IT can provide for analysis
  • Different data analysis tools that can be utilized (ACL vs. IDEA or just Excel)

WHO WILL BENEFIT?

  • Internal Audit personnel involved in Fraud related activities
  • Internal Audit Management is interested in performing anti-fraud audits of Accounts Payable and Purchasing Cycles
  • Professionals responsible for or interested in performing anti-fraud audits
  • Risk/Compliance Officer in any industry

SPEAKER PROFILE

Marna Steuart has been in the audit industry for over twenty years. Ms. Steuart began her career with a big four firm as an external auditor, then as an internal auditor in different capacities in various industries. 

 

For more detail, please click on this below link:
https://bit.ly/3xTlw0P
Email: [email protected]
Tel: +1-661-336-9555
https://www.linkedin.com/in/whitney-jones-873573179/recent-activity/

Registration Fees
Available
Registration Fees Details
Live Session for 1 Participant Increase Participants $199 Live + Recorded Session Get unlimited access to the link for six months for one participant, from the date of webinar completion. $269 Live + Transcript Get to attend the LIVE Session and also receive a PDF copy of the Transcript only after the completion of the LIVE webinar. $249 Live + Training CD Free shipment within 15 Working Days from the date of webinar completion. $450
Registration Ways
Email
Phone
Website
Other
Address/Venue
Online  Online 
Contact
     +1-661-336-9555