Sign for Notice Everyday    Sign Up| Sign In| Link|

Our Sponsors

  • ESTA - Electronic System for Travel Authorization
Receive Latest News

Feedburner
Share Us

Guidelines for Performing Anti-Fraud Audits in A/P and Procurement

View: 54

Website https://goo.gl/yCmfVW | Edit Freely

Category fraud risk management program, fraud risk management training

Deadline: March 07, 2018 | Date: March 07, 2018

Venue/Country: CO, U.S.A

Updated: 2018-02-06 13:47:55 (GMT+9)

Call For Papers - CFP

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 “check book” 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. There are simple ways to analyze large volumes of data that come from paying invoices. Understanding the data is the first step towards knowing what to look for. The course will spend some time discussing the use of Audit Control Language (ACL) and how this tool and other tools like it (IDEA) are helpful in the analysis of Accounts Payable and Purchasing data.

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. This course will provide you with a basic understanding of Fraud, different data analysis that can be utilized, proactive accounts payable Anti-Fraud examples of reviews that can be conducted and different data analysis tests that can be performed.Some knowledge and use of ACL or IDEA is suggested but not required.

AREAS COVERED

• 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)

• 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

LEARNING OBJECTIVES

Get a clear idea about how to perform anti-fraud audits in the purchasing/accounts payable cycle. Also know the use of Audit Control Language (ACL) and how this tool and other tools like it (IDEA) are helpful in analyzing accounts payable and 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

For more detail please click on this below link:

https://goo.gl/DxoDZD

Email: support@trainingdoyens.com

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882


Keywords: Accepted papers list. Acceptance Rate. EI Compendex. Engineering Index. ISTP index. ISI index. Impact Factor.
Disclaimer: ourGlocal is an open academical resource system, which anyone can edit or update. Usually, journal information updated by us, journal managers or others. So the information is old or wrong now. Specially, impact factor is changing every year. Even it was correct when updated, it may have been changed now. So please go to Thomson Reuters to confirm latest value about Journal impact factor.