Create a Tight Travel and Expense (T&E) Policy to Identify and Stop Expense Reporting Problems
In over three-quarters of expense reimbursement deceits, the perpetrator was also undertaking at least one other form of occupational thievery. This startling fact comes from the Report to the Nations, one of the most respected fraud surveys conducted by the Association of Certified Fraud Examiners.
Creativity, when preparing a travel and expense (T&E) reimbursement request, is not a desirable approach. Yet, that is precisely what is going on in many organizations. Join this entertaining but informative session with accounts payable expert Mary Schaeffer for a review of IRS requirements regarding documentation (receipt) of travel and entertainment expenses.
Mary will share the results of a recent study on what companies are requiring as far as receipts and documentation for travel and entertainment expenditures are concerned. This session will focus on the different games some employees play when attempting to get reimbursed for more than they actually spent along with tactics you can use to stop this problematic behavior. Mary will share examples based on numerous real-life incidents.
This session will help you:
Identify common expense reimbursement frauds some employees employ
Implement strong controls to deter expense reimbursement fraud
Integrate IRS requirements into your organization's T&E policy
Create a tight T&E policy that will prevent misconceptions about the policy
Develop a best practice policy that will prevent some of the game playing by employees with their expense report reimbursement requests
Mary S. Schaeffer, a nationally recognized accounts payable expert, founded AP Now, a membership organization focused on creating business intelligence around the accounts payable and payment function. She has written 18 business books and is a frequent and popular speaker at both online and live ev...