Training Doyens

We provide banking and financial services training to professionals through SHRM and HRCI approved webinars that include AML training, Bank Secrecy Act webinars, accounting webinars, taxation webinars and more. Keep up with the latest regulatory updates, trends in banking regulatory compliance and the emerging needs with our complete line of banking and finance webinars. We help you prepare for the upcoming challenges of your industry.

Accounts Payable Fraud After the Sarbanes–Oxley Act was passed in the year 2002, many firms were forced to review their internal controls for Accounts Payable. Although implementation of effective internal controls could be a tedious job, it could prove to be  extremely beneficial in preventing frauds . One of the most common ways in which a company can encounter significant financial losses is Accounts Payable fraud. It’s often perpetrated by the employees of the organization and could go undetected for a long period of time leading to major losses. The signs for such frauds cannot be always easily observed. But fortunately, there are effective strategiesto detect and prevent accounts payable frauds. However, once you detect the crime, it’s quite easy to identify the offender as there are always paper trails leading to the perpetrator. Take a look at some of the effective strategies to detect and prevent Accounts Payable fraud: Check Invoice Peculiarities Check for ...

OVERVIEW In most of the organizations Accounts Payable (AP) is the one business function that is more vulnerable to fraud than any other. Our upcoming webinar discusses techniques for detecting and preventing  AccountsPayable fraud and how to recognize the red flags in your operations and financial records. The webinar covers the following key areas: ·          ACH fraud, information security risks, kickbacks, bribery and other corruption ·          Detecting best practices for fraud detection and fraud prevention ·          Proven anti-fraud controls for AP LEARNING OBJECTIVES Participants will learn techniques for detecting and preventing Accounts Payable fraud damaging organizations of all kinds, including small businesses and non-profits, and determine how shrewd fraudsters abuse the AP process to embezzle funds for years before...

OVERVIEW Accounts Payable (AP)  is the one business function that, in many organizations, is more vulnerable to fraud than any other. That is because all funds that flow out of the organization must first pass through AP. And over time, dishonest insiders and vendors have created newer and craftier methods of stealing from organizations by exploiting control weaknesses in the AP function. It is more important than ever for management to allocate professional and financial resources to eliminating these control weaknesses. This almost always starts with learning about the types of Accounts Payable fraud that can victimize your organization. It is then necessary to determine if proper internal controls are already in place to prevent such crimes from occurring. From there, internal audit plans must be adjusted to include tests and methodologies for identifying the red flags of possible  AP fraud . This enables management to initiate further examination of suspicious f...

OVERVIEW Payrollfraud is the most common form of employee fraud and of all the accounting fraud scams, it’s one of the hardest to detect. One of the difficulties in stopping payroll fraud is the different types of scams that exist. How can you implement policies, procedures and strategies to identify, eliminate and prevent payroll fraud? Join the webinar to know. WHY SHOULD YOU ATTEND Join us for this highly informative, 90-minute webinar to discover the various types of payroll scams, how to recognize key signs of fraud, and how to detect and prevent payroll fraud. AREAS COVERED Identifying Payroll Fraud: Various Types of Scams & Warning Signs to Know The tell-tale signs of fraud: What to look for in employee behavior Know your risk factors: Modern issues facing companies & how to prepare The usual suspects: Common scams, schemes & plots for payroll fraud Strategies for Payroll Fraud Prevention with Internal Controls ...

OVERVIEW The passage of Sarbanes-Oxley back in 2002 forced many companies to look deeper into internal Accounts Payable controls. They realized that is was not an easy task. Implementing internal controls takes time, money, and effort. However, if fraud or missteps are uncovered, it will be worth the investment. If not, you have the knowledge that your ship is tight. There are several approaches you can try to tighten up your A/P operations and thereby perform an internal audit; which in itself will be fruitful for future audits and investigations. These approaches require some data gathering, procedural changes, and employee education. However, the implementation of these changes should not be a burden to you, your staff, or the company. Sarbanes Oxley Compliance WHY SHOULD YOU ATTEND Internal fraud has been around long before Sarbanes-Oxley and will be with us when we retire. According to the Association of Certified Fraud Examiners (ACFE), it is estimated that 5% o...

OVERVIEW Employee fraud has become the major source of internalmisconduct. Such fraud can cause serious and lasting financial losses and reputational damage to organizations. Employees are increasingly committing crimes such as embezzlement, check fraud, falsification of financial statements, and improper vendor collusion. Furthermore, Internet and technology have given workers new ways to misappropriate assets. WHY SHOULD YOU ATTEND In this webinar, you’ll learn how to identify potential perpetrators in your organization, detect signs of fraud, and create robust controls that will eliminate opportunities for fraud. Anti Fraud Controls AREAS COVERED Using case studies, the course will cover topics such as: Statistical illustration of the growing fraud threat Most common forms of employee fraud  Why employees commit fraud How to identify the all-important red flags of fraud How to use critical tools and techniques for fraud detection How to apply softw...