Performing Anti-Fraud Audits in Purchasing and Accounts Payable

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Presented By 247compliance

Tuesday, September 10th at 1:00pm EST

Online sale ends: 09/10/19 at 12:00pm EST

247compliance

2035 Sunset Lake, RoadSuite B-2, Newark, Delaware - 19702

Newark, DE 19702

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Talent

Marna Steuart

Description

OVERVIEW

The Purchasing and Accounts Payable cycles create a multitude of data that can be analyzed and tested for certain elements of possible fraud. Accounts Payable is considered the "checkbook" of the organization and therefore creates an area that without the proper control environment can be ripe for fraud. Internal Audit organizations have the ability to spend resources to analyze the data that comes out of the process to enable the organization to feel comfortable that controls are in place and functioning properly or that there may be fraud occurring.

LEARNING OBJECTIVES

The fraud triangle and statistics from the ACFE
A basic understanding of fraud and the different types of fraud that can occur
Understanding the data that A/P or IT can provide for analysis
Different data analysis tools that can be utilized (ACL vs. IDEA or just Excel)

WHY SHOULD YOU ATTEND

With an increased awareness of fraud and the ongoing cost to organizations, taking a proactive stance on performing anti-fraud audits in Purchasing and Accounts Payable is imperative to most organizations. According to the Association of Certified Fraud Examiners (ACFE) "Report to the Nations on Occupational Fraud and Abuse" published in 2012, it predicted that 5% of an organization's revenue is lost to fraud.

AREAS COVERED

Examples of proactive accounts payable anti-fraud reviews
Different data analysis tests that can be performed on accounts payable data
Different data analysis tests that can be performed on purchasing data

WHO WILL BENEFIT?

Internal Audit personnel involved in Fraud related activities
Internal Audit Management interested in performing anti-fraud audits of Accounts Payable and Purchasing Cycles
Professionals responsible for or interested in performing anti-fraud audits
Risk/Compliance Officer any industry

SPEAKER

Marna Steuart has been in the audit industry for over twenty years. She began her career with a Big Four firms as an external auditor, then as an internal auditor in several different capacities within several different industries. She obtained her Certified Fraud Examiner license in 2007 and was the main fraud investigator for five years at a large utility company.

For more detail please click on this below link:

http://bit.ly/2lvIGY6

Email: support@247compliance.com

Tel: +1-(510)-868-1040

Presented By

Time

1:00pm to 2:30pm
Doors open at 1:00pm

Price

General Admission: $199.00

Age

All Ages

Venue

247compliance<br> 2035 Sunset Lake, RoadSuite B-2, Newark, Delaware - 19702<br> Newark, 19702

Info Line

+1-(510)-868-1040