Employee Expense Reimbursement Fraud: Detection, Prevention and Deterrence 2019 is a webinar that covers topics such as:
- Introduction
- Who commits fraud
- Statistical overview of the fraud problem generally, and T&E fraud specifically
- Lessons from T&E fraudsters
- Why employees commit fraud (The Fraud Triangle)
- Common types of expense reimbursement fraud today
- Submitting T&E claims multiple times
- Falsifying T&E reimbursement schemes w/ bogus receipts
- Claiming for expenses just under the limit requiring approval
- Abuse of corporate/P-card for personal gain
- Exploiting AP/Disbursements control weaknesses
- Purchasing more than needed (e.g. office supplies)
- P-Card fraud
- Anti-fraud controls for expense reimbursement fraud
- Who Should Manage Anti Fraud Activities
- Internal Controls and Other T&E Fraud Prevention Measures:
- General controls: Segregation of Duties, Delegation of Authority, Background Investigation
- Internal Controls: Do`s and Dont`s
- Specific Expense reimbursement controls and deterrents
- Red flags of ap fraud
- The Fraud Risk Mitigation Cycle
- Specific red flags of each of the common expense reimbursement frauds
- FRAUD DETECTION
- Implementing an organization-wide system for detecting, preventing and investigating fraud
- Additional General Detection Methods
- How T&E Frauds Are Most Often Detected
- Examples of Fraud Audit Techniques at Work
- Data Mining/Analytics for fraud detection
Employee Expense Reimbursement Fraud: Detection, Prevention and Deterrence 2019 is intended for:
- Accounting and audit practitioners
- Internal and external audit professionals
- Senior financial management seeking to reduce their vulnerability to costly frauds
- HR managers
- Procurement managers
- Payables specialists
- CFO`s/senior financial managers
- Compliance and ethics managers
- Security Personnel/Fraud Investigators and Examiners