CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Webcast

Expense Reporting Fraud and Abuse: Protect Your Company

1 Credits: Accounting

$49.00

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Expense Reporting Fraud and Abuse: Protect Your Company

Format
Webcast
Course Level
Basic
CPE Credits

1 Credits: Accounting

Course Description

Are you constantly battling the creative ways employees game expense reports, undermining your organization’s financial integrity? You’re not alone. This pervasive issue, if left unaddressed, not only leads to financial losses but also erodes trust within the organization. In our course, we delve deep into the gravity of expense reimbursement fraud and its implications for any business. Starting with a detailed discussion on the magnitude of this challenge, we illuminate the often-underestimated impacts of such practices. But identifying the problem is only the beginning. Our session progresses to present the findings of a recent study on receipt requirements in companies, providing a benchmark for your own policies. The crux of our online Webcast CPE course lies in unraveling the various tactics employees employ to inflate their reimbursement claims and, more importantly, equipping you with robust strategies to counteract these fraudulent activities. By the end of this course, you will not only be able to pinpoint the common fraud schemes but also implement strong controls to deter such behavior, seamlessly integrate IRS requirements into your T&E policy, and establish a clear, tight expense reimbursement policy that leaves no room for misconceptions or misuse.

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Learning Objectives

Upon completion of this course, participants will be able to:

  • Identify common expense reimbursement fraud schemes used by employees;
  • Identify best practices for implementing strong controls to deter expense reimbursement fraud;
  • Discover how to integrate IRS requirements into your organization’s T&E policy; and
  • Recognize characteristics of a tight expense reimbursement policy that will prevent misconceptions about your expense reimbursement policy.
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Course Specifics

Course ID
WC1123320764
Revision Date
January 5, 2023
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)

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Mary S. Schaeffer Headshot

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 …