1:00 pm ET | 12:00 pm CT | 11:00 am MT | 10:00 am PT
Learn the Best Ways to Detect & Prevent AP & Procurement Fraud
In many organizations, Accounts Payable (AP) is the SINGLE most vulnerable function to fraud. Thus both external and internal fraudsters constantly seek weaknesses to exploit. And when they do, procurement is often a direct collaborative function, making it all the more challenging to detect wrongdoing.
Learn how to detect and prevent AP and procurement fraud schemes in this webinar by industry expert Peter Goldmann. Goldmann has divided the webinar into three main parts. In part 1, you will learn about the most commonly committed AP and procurement fraud schemes, along with case study citations to help illustrate key points. In part 2, you will learn practical steps to detect fraud schemes in a timely manner, and in part 3, you will learn prevention best practices on how to minimize the risk of being victimized by AP and procurement schemes. Goldman will also walk you through the AP/procurement schemes by external and internal perpetrators, and share the latest ways to automate the audit process for detecting red flags.
After attending this webinar, you will be equipped with a comprehensive set of current best practices and "How To" checklists for detecting and preventing AP and procurement fraud schemes. You will also be in a better position to improve the quality of your procurement process, while keeping your company away from fraud risks and associated legal issues.
The session will bring you up to speed with:
AP/procurement schemes by external perpetrators
AP/procurement schemes by internal perpetrators
The all-important red flags of AP/procurement fraud schemes
Latest ways to automate the audit process for detecting red flags
Latest best practices for preventing AP/procurement fraud
NASBA Category of Study: Accounting
Who Should Attend
This webinar will benefit auditors, accountants, financial managers, compliance professionals, white-collar crime attorneys, and accounts payable and procurement managers.
Peter Goldmann is president of White-Collar Crime 101 LLC, the publisher of White-Collar Crime Fighter, a widely read monthly newsletter for internal auditors, controllers, corporate counsel, financial operations managers and fraud investigators. The newsletter is in its 15th year of public...