Accounts Payable Fraud: Detection and Prevention Essentials

Course Details

Date

Thursday, April 8, 2021

10:00am – 12:00pm (Registration: 10:09pm)

Location

Online

Field of Study

Accounting & Audit

CPE Credit

2 hours CPE credit

Level of Knowledge

Beginning

Vendor

CPA Crossings

Prerequisites

None

Description

Do you know why A/P is the biggest risk in small and midsize entities? Join us to learn the simple, zero cost ways that will assist you in virtually eliminating the risks involved in your A/P accounting practices. The instructor, Peter Goldmann, will cover a wide range of vendor fraud topics and discuss some cases of these types of fraud. A great webinar for understanding and lowering the risks in regards to A/P.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

Goldmann will explain the risks and show you cases of Accounts Payable fraud including:

  • How much is A/P fraud in SMB
  • Why A/P fraud is a bigger risk the smaller the entity
  • Financial and non-financial warning signs of A/P fraud
  • Simple low and zero cost controls for A/P fraud
  • Similarities and differences between internal and external A/P fraud
  • A/P fraud risks for employee and management level

Objectives

After this class you will ...

  • Know what Accounts Payable fraud "looks like" in your accounting records
  • Be able to use simple procedures that minimize employee A/P fraud
  • Know how to minimize external A/P fraud
  • Know why going to the post office is a great control
  • What records and information to check to validate new vendors
  • How to analyze pricing and competitive bidding patterns to spot fraud

Designed For

CPAs, CFOs, controllers, bankers (only if you want the loan repaid), executives (reduce fraud = more profits), internal auditors, regulators, attorneys, compliance officers, risk managers

Registration for this course has passed.

Course Pricing

WYOCPA Member Fee
$79.00

Non-Member Fee
$103.00

Your Price
$103.00

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