This unique and interactive workshop will analyze real time case studies from all components of the procure to pay (P2P) process that include: procurement, T&E, P-Card, AP, and disbursements. Attendees will have an opportunity to discuss what went wrong and will determine the key internal controls that were missing. The instructor will highlight the three critical corporate controls, the standards of internal control for P2P, and the top twenty controls for AP.
This training session will educate P2P executives, audit, compliance, ethics and financial staff about how P2P fraud threatens them and their organization’s assets. By case study analysis, participants will learn:
Why Should You Attend:
Purchase to pay process, compliance controls, segregation of responsibilities - all things which to a business can, and are, seen as obstacles to just getting things done. But, they’re a necessary evil without which fraud would run rife - particularly within the procure to pay (P2P) process. So what are the most common P2P frauds? And how can they be prevented?This training session will educate P2P executives, audit, compliance, ethics and financial staff about how P2P fraud threatens them and their organization’s assets. By case study analysis, participants will learn:
- To identify the red flags of P2P frauds
- Best practices in detecting these indicators
- Your role in conducting a P2P fraud investigation
- Essential anti-fraud controls to mitigate fraud risk throughout the P2P process
Areas Covered in the Webinar:
- The Three Critical Corporate Controls
- Delegation of Authority
- Segregation of Duties
- Systems Access
- Standards of Internal Control for P2P
- The Top Twenty Controls for AP
- What Went Wrong: Case Study Analysis
- Procurement
- T&E
- P-Card
- AP
- Disbursements
Who Will Benefit:
- Financial Officers
- Controllers
- Accounts Payable Executives
- Procurement Executives
- Shared Service Center Executives
- Internal Auditors
Speaker
Chris DoxeyCourse Provider
Chris Doxey,
