Vendor Fraud: Protecting Against a Growing Threat

Description

Every dollar that you lose in a vendor fraud is a dollar of lost profit. This course will help you to understand what vendor fraud is as well as give you examples on how to detect it. This is a growing problem and one you need to be aware of so that it doesn't cost you a loss of your profits.

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

Highlights

• External and internal vendor and AP frauds
• Vendor frauds that can cost you more than theft of goods or cash
• Subcontractor fraud
• Who commits vendor fraud
• Vendor invoicing fraud
• Manipulating vendor checks
• The red flags of vendor frauds
• Straw and fake suppliers: Case studies
• Kickback schemes

Objectives

You will learn:

• How to recognize the warning signs of vendor fraud
• How to avoid the most common mistakes that allow vendor fraud
• Simple controls to detect and prevent vendor fraud

Designed For

CPAs, controllers, CFOs, SMB owners and managers, bankers, internal auditors, regulators, attorneys, compliance officers, risk managers