QAS Self-Study
Overview
CPE Credits
1 Credits: Accounting
Course Description
When it comes to fraud prevention, strong internal controls are front and center. They provide the very groundwork for fraud deterrence and prevention. And, they are an integral part of every effective accounts payable function. What is surprising is that even though most organizations know what these practices are, they often choose to take shortcuts and ignore some of them. What’s more, they don’t stay constant, unfortunately. So, this means that internal controls need to be reviewed on a periodic basis.
In this course, industry expert, Mary Schaeffer identifies frequently ignored internal control best practices. Mary also introduces new best practices, including those for the master vendor file.
Learning Objectives
Upon successful completion of this course, participants will be able to:
§Identify new control practices that will help stop fraud in accounts payable.
§Pinpoint problems likely to occur if strong control practices in AP are ignored.
§Delineate problems created by new types of fraud focused on the master vendor file.
§Reveal internal control practices for the master vendor file every firm should use to deter fraud.
§Show how poor controls make fraud more likely.
Course Specifics
|
Course ID 1193490 |
Revision Date September 7, 2021 |
Prerequisites None |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor
Mary S. Schaeffer, MBA, has the inimitable ability to find accounts-payable-related solutions that really work—without making a major dent in the bottom line. Armed with a degree in math and a graduate degree in finance, she takes a “roll up your sleeves and dig into the details” approach to finding solutions to those problems that cause migraines for CFOs, controllers, and managers. Fifteen years spent researching and writing about payment issues gives Mary a unique vantage point. Combine that with an almost equal amount of time spent in the corporate trenches of several large finance and treasury departments, and you’ll understand …
Accounts Payable Fraud Prevention Tactics: New & Ignored Established Control Practices
$29.00 – $49.00
QAS Self-Study
Overview
CPE Credits
1 Credits: Accounting
Course Description
When it comes to fraud prevention, strong internal controls are front and center. They provide the very groundwork for fraud deterrence and prevention. And, they are an integral part of every effective accounts payable function. What is surprising is that even though most organizations know what these practices are, they often choose to take shortcuts and ignore some of them. What’s more, they don’t stay constant, unfortunately. So, this means that internal controls need to be reviewed on a periodic basis.
In this course, industry expert, Mary Schaeffer identifies frequently ignored internal control best practices. Mary also introduces new best practices, including those for the master vendor file.
Learning Objectives
Upon successful completion of this course, participants will be able to:
§Identify new control practices that will help stop fraud in accounts payable.
§Pinpoint problems likely to occur if strong control practices in AP are ignored.
§Delineate problems created by new types of fraud focused on the master vendor file.
§Reveal internal control practices for the master vendor file every firm should use to deter fraud.
§Show how poor controls make fraud more likely.
Course Specifics
|
Course ID 1193490 |
Revision Date September 7, 2021 |
Prerequisites None |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor
Mary S. Schaeffer, MBA, has the inimitable ability to find accounts-payable-related solutions that really work—without making a major dent in the bottom line. Armed with a degree in math and a graduate degree in finance, she takes a “roll up your sleeves and dig into the details” approach to finding solutions to those problems that cause migraines for CFOs, controllers, and managers. Fifteen years spent researching and writing about payment issues gives Mary a unique vantage point. Combine that with an almost equal amount of time spent in the corporate trenches of several large finance and treasury departments, and you’ll understand …
Accounts Payable Fraud Prevention Tactics: New & Ignored Established Control Practices
$29.00 – $49.00