Training Doyens

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...

The most common yet expensive fraud that organizations face is payroll fraud. Statistics suggests that it can remain undetected for years, costing a company hundreds of thousands of dollars. Payroll fraud is defined as any scheme in which employees make false claims for compensation to receive a payment from the employer. Organizations also face payroll fraud where the payroll managers or bookkeepers in the accounting department manipulate the financial statements. Payroll fraud has several forms. The most common one involves workers that are paid on hourly basis, fraudulently boosting the amount they are entitled to, by altering the number of hours they have worked for. Commission workers in manufacturing get paid on the basis of the number of units they produce. Such workers sometimes manipulate records for the number of sales or units produced. Another common form includes false claims for expenses such as taking personal trips and labelling them as business trips. Forms of ...

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 ...