Detecting and Preventing Accounts Receivable Fraud

Description

Because of the volume of money, Accounts Receivable (AR) is a favorite for theft. Management and employees take advantage of other's trust in them to line their pockets.

Highlights

Goldmann will show you:

• Management and employee schemes
  
• Non-cash embezzlement/theft
  
• Fraudulent AR to manipulate financial reporting
  
• AR reporting-related fraud schemes
  
• Detecting fictitious sales and receivables
  
• Analytical procedures and predictive tests
  
• Simple techniques to prevent AR fraud
  

Objectives

At the conclusion of the webinar you will be able to:

• Assess the risk of AR fraud
  
• Implement effective AP fraud detection techniques
  
• Build audit practices to detect red flags of AP fraud
  
• Implement best-practice Anti-Fraud strategies
  
• Recommend better anti-fraud management structure
  

Designed For

CPAs, C-suite and senior financial executives, internal auditors, purchasing managers, controllers, CFOs, , compliance officers, security and risk managers