Procure to Pay (P2P) Fraud: Critical Controls, Risk Mitigation and Case Studies for Analyzing What Went Wrong
Instructor:
Chris Doxey
Product ID: 703859
- Duration: 60 Min
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
Chris Doxey
Consultant, ChrisDoxey
Chris Doxey, CAPP, CCSA, CICA is an independent consultant providing Internal Controls and Business Process Best Practice Solutions. She has held senior management positions in accounts payable, procurement, internal auditing, internal controls, Sarbanes-Oxley compliance, payroll, logistics, financial systems strategy, and financial integration at Digital, Compaq, Hewlett Packard, MCI, APEX Analytix, and Business Strategy, Inc. She was recruited to assist MCI (formally WorldCom) recover from their internal control challenges. She has a bachelor's degree in English, a bachelor's in accounting, a master's in business administration, and a graduate certificate in project management. Chris has written numerous articles and published two handbooks: AP Leadership Skills and Implementing a Controls Self Assessment Program for Your Account Payable Process. Chris presents at several conferences and provides a multitude of webinars each year.
Refund Policy
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