Webcast
Basic
CPE Credits
1 Credits: Accounting
Course Description
Criminals are especially devious when it comes to payment fraud enabled by technology. They study the banking system and processes, technology and your company. They know the ins and outs and where there are weaknesses. And, they do their research, marrying their knowledge with social media to devise ways to defraud your organization in ways never dreamt of in the past.
Many professionals think payment fraud could never happen to their organizations. Unfortunately, the numbers tell a different story. Eventually, every single organization will come into the spotlight of one or more crooks. Without the proper precautions, the fraudsters will succeed. Complicating the issue is the fact that whether we like to admit it or not, the risk is both internal and external. What’s more; the old fraud aren’t going away. Companies need to be vigilant on all fronts.
Has your organization taken all the steps it needs to protect itself? Has your strategy been reviewed within the last 12 months? In this session, we’ll address the newest electronic payment frauds and the protections every organization needs along with reviewing the tactics needed to protect against older types of fraud.
Learning Objectives
After completion of this course, participants will be able to:
- Understand how new electronic payment frauds work and how to protect your organization
- Identify the types of payment frauds likely to impact your organization;
- Evaluate the different fraud protection products offered by the banking community;
- Craft the proper controls within your organization so you can stop employee fraud;
- Create a p-card program that will make potential employee fraud almost negligible;
- Use proper procedures when utilizing payee name positive pay so it provides the most protection; and
- Implement best practices are for preventing and detecting p-card, check and ACH fraud.
Course Specifics
|
Course ID WC1122317743 |
Revision Date December 20, 2022 |
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.
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 …
Payment Fraud: Detect and Prevent It from Wreaking Havoc
CPE CREDITS
1 Credits: Accounting
$49.00
Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.
Webcast
Basic
CPE Credits
1 Credits: Accounting
Course Description
Criminals are especially devious when it comes to payment fraud enabled by technology. They study the banking system and processes, technology and your company. They know the ins and outs and where there are weaknesses. And, they do their research, marrying their knowledge with social media to devise ways to defraud your organization in ways never dreamt of in the past.
Many professionals think payment fraud could never happen to their organizations. Unfortunately, the numbers tell a different story. Eventually, every single organization will come into the spotlight of one or more crooks. Without the proper precautions, the fraudsters will succeed. Complicating the issue is the fact that whether we like to admit it or not, the risk is both internal and external. What’s more; the old fraud aren’t going away. Companies need to be vigilant on all fronts.
Has your organization taken all the steps it needs to protect itself? Has your strategy been reviewed within the last 12 months? In this session, we’ll address the newest electronic payment frauds and the protections every organization needs along with reviewing the tactics needed to protect against older types of fraud.
Learning Objectives
After completion of this course, participants will be able to:
- Understand how new electronic payment frauds work and how to protect your organization
- Identify the types of payment frauds likely to impact your organization;
- Evaluate the different fraud protection products offered by the banking community;
- Craft the proper controls within your organization so you can stop employee fraud;
- Create a p-card program that will make potential employee fraud almost negligible;
- Use proper procedures when utilizing payee name positive pay so it provides the most protection; and
- Implement best practices are for preventing and detecting p-card, check and ACH fraud.
Course Specifics
|
Course ID WC1122317743 |
Revision Date December 20, 2022 |
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.
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 …
Payment Fraud: Detect and Prevent It from Wreaking Havoc
CPE CREDITS
1 Credits: Accounting
Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.
$49.00