Introduction to Travel Claim Fraud

This 90-minute webinar will highlight actual examples of travel fraud that happen in organizations and focus on internal controls that you can have in place to prevent fraud related to travel and subsistence claims.

Why Should You Attend:

In its 2012 Report to the Nations, The Association of Certified Fraud Examiners highlighted some frightening statistics - A typical organization loses 5% of its revenues to fraud each year.

Occupational fraud can be a significant threat to organizations, especially small businesses. Nearly half of victim organizations do not recover any losses that they suffer due to fraud. Organizations that implement anti-fraud controls experience considerably lower losses and time-to-detection than organizations lacking these controls.

This webinar will highlight actual examples of travel fraud that happen in organizations and focus on internal controls that you can have in place to prevent fraud related to travel and subsistence claims. The training will also include a case-study demonstration of how you can prevent travel claims fraud.

Areas Covered in the Seminar:

What is Fraud?

Legal and regulatory background.

Actual examples of travel fraud.

Internal controls against expense fraud.

Development and contents of an ideal travel policy.

Travel Claim Case study.

Who Will Benefit:

• Human Resources
• Financial Officers
• Board Members
• Internal Auditors
• External Auditors
• Operational Risk Managers
• Staff with roles and responsibilities in checking travel claims in administrative departments, businesses and central departments.