Training Doyens

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...

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), expensereimbursement 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 ‘anti-fraud controls in payroll’ webinar will summarize the main types of reimbursement fraud to be alert of, including several “real life” case studies. It will then explain how to identify the red flags of possible employee T&E and expense reimbursement fraud, o...