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.
DESIGNED FOR
CPAs, controllers, CFOs, SMB owners and managers, bankers, internal auditors, regulators, attorneys, compliance officers, risk managers
BENEFITS
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
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
PREREQUISITES
None
ADVANCE PREPARATION
None