Accounts Payable Fraud: Detection and Prevention Essentials

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.

Learning Objectives:

• 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

Level: Basic

Instructor: Peter Goldmann, CFE

Developer: Federal Tax Workshops, Inc

CPE Credits: 2

Area of Study: Accounting