Of all the business processes organizations employ; the Accounts Payable (AP) is perhaps the one that is most easily vulnerable to fraud, because nearly every kind of fund that flows out of the organization has to pass through the AP first. This leaves this a field wide open for fraudsters who are smart enough know how to assail it.
A webinar that is being organized by TrainHR, a leading provider of professional trainings for the human resources industry, will educate participants about the ways by which they can detect and prevent Accounts Payable (AP) frauds. To understand the ways of preventing AP in all its depth, please enroll for this webinar by visiting TrainHR
The speaker at this webinar is Peter Goldmann, Founder and President of White-Collar Crime 101 LLC. Peter has been the Publisher and Editor of White-Collar Crime Fighter for over 12 years and is recognized as a leading expert in the areas of fraud detection, prevention, investigation and training. Peter launched the development of FraudAware in 2001. He has written numerous articles on practical approaches to fraud prevention and detection. He is a member of the Editorial Advisory Board of the Association of Certified Fraud Examiners.
Viewing this webinar, its entirety qualifies for a recertification credit hour that may be counted toward SHRM-CP and SHRM-SCP recertification from SHRM. Credit is awarded based on the actual educational time spent in the program.
This webinar has been approved for 1.5 HR (General) recertification credit hours toward aPHR, PHR, PHRca, SPHR, GPHR, PHRi and SPHRi recertification through HR Certification Institute (HRCI).
Understanding how it happens is the foundation
The key to preventing AP frauds is to first understand how it happens. This webinar gives insights into this. The speaker, who brings many years in the area of medical fraud, will give participants an idea of how to detect AP fraud. He will offer an overview of the most common and costly forms of AP fraud today and then focus on the best ways to both detect and prevent such crimes. Numerous case studies will be cited to help illustrate key points.
During this presentation, emphasis will be placed on the practical, “how-to” steps for early detection of red flags of AP fraud and the corresponding anti-fraud controls. When these are properly implemented, they will help to substantially reduce the organization’s risk of falling victim to both internal and external AP fraud.
In concluding, the speaker will offer an introductory discussion about continuous controls monitoring and continuous auditing-two key components of long-term fraud risk mitigation.
Valuable for finance professionals
This webinar is of high value to professionals at various levels who deal with AP, including Internal and External Audit Professionals, Accounting and Audit Practitioners, Senior Financial Management seeking to reduce their vulnerability to costly frauds, Payables Managers, Procurement Managers, Compliance and Ethics Managers, CFO’s/senior Financial Managers, and Security Personnel.
Paul will cover the following areas at this webinar:
- Understanding the leading types of accounts payable (AP) fraud
- Most common AP fraud control failures to beware of
- How to detect the red flags of key AP fraud schemes
- Training your employees to detect, prevent and report AP fraud
- How to implement proven anti-fraud controls in Accounts Payable.