Training Doyens

Expense Reimbursement Fraud OVERVIEW A nti-fraud experts agree that expense reimbursement fraud can be among the most difficult types of employee crime to detect and prevent. Our upcoming webinar discusses the common and not-so-common ways that these frauds are perpetrated, along with how to detect the red flags of these schemes, how to audit for them and how to tighten up your controls against them. The webinar covers the following key areas: ·          Statistical overview of the fraud problem generally, and employee T&E and expense reimbursement specifically ·          Common types of expense reimbursement fraud today ·          Implementing an organization-wide system for fraud detection and prevention LEARNING OBJECTIVES Understand the many types of travel, entertainment and internal procurement frauds Implement effective expense...

OVERVIEW Expense reimbursement fraud —encompassing the myriad forms of employee travel and entertainment (T&E) schemes as well as  Purchasing Card  (P-Card) fraud—costs organizations hundreds of thousands, if not millions of dollars per year. According to the  Association of Certified Fraud Examiners  (ACFE), expense reimbursement frauds result in a median loss of  $26,000  per incident and represent  14.5%  of all employee fraud. While many of these schemes are considered  “immaterial” —such as claiming reimbursement for a personal meal ... charging a pay-per-view movie to a business-related hotel bill ... or inflating the cost of a taxi ride—management should not underestimate the cumulative cost of these thefts. This webinar will summarize the main types of employee  T&E  and expense reimbursement fraud to be alert of, including several “real life” case studies. It will then explain how to identify the red flag...

Anti-fraudexperts agree that expense reimbursement fraud can be among the most difficult types of employee crime to detect and prevent. Join our upcoming webinar to learn about the common and not-so-common ways that these frauds are perpetrated, how to detect the red flags of these schemes and how to tighten up your controls. LEARNING OBJECTIVES Understand the many types of travel, entertainment and internal procurement frauds Implement effective expense reimbursement fraud detection and prevention techniques and build audit practices to detect red flags of these crimes Implement employee expense reimbursement best practices and anti-fraud control strategies for expense reimbursement fraud travel and expense policy WHO WILL BENEFIT Internal and external audit professionals Accounting and audit practitioners HR managers Senior financial management seeking to reduce their vulnerability to costly frauds Payables specialists Procurement managers Compli...