Detecting & Preventing Fraud in Payroll: Proven Strategies to Save Money
Peter Goldmann is Keynote Speaker at ComplianceKey. He is president of FraudAware LLC, the publisher of White-Collar Crime Fighter, a widely read monthly newsletter for internal auditors, controllers, corporate counsel, financial operations managers and fraud investigators. The newsletter is in its 15th year of publication under Peter's leadership. Peter is the author of Fraud in the Markets: Why it Happens and How to Fight It, published by John Wiley & Sons, as well as four other anti-fraud books. Peter also developed FraudAware, the leading fraud awareness training program. A user-friendly l........
Overview
To discover the various types of payroll scams, how to recognize key signs of fraud, and ways to prevent and eliminate payroll fraud. Payroll fraud is the most common form of employee theft and of all the accounting fraud scams, it's one of the hardest to detect. One of the difficulties in stopping payroll fraud is the different types of scams that exist. How can you implement policies, procedures and strategies to identify, eliminate and prevent payroll fraud?
- What to look for when identifying payroll fraud
- Protocols you can put in place to prevent fraud
- Using audits to find patterns, red flags & stop scams
- Common risk factors companies face when it comes to payroll fraud
- Real-life lessons: Strategies taken from actual fraud cases
Why should you attend this webinar?
- Are you losing money to payroll fraud?
- How can you identify, prevent and eliminate payroll fraud
- The Dangers of Payroll Fraud: Discover How to Stop Theft
Areas Covered in the Session:
Identifying Payroll Fraud: Various Types of Scams & Warning Signs to Know
- The tell-tale signs of fraud: What to look for in employee behavior
- Know your risk factors: Modern issues facing companies & how to prepare
- The usual suspects: Common scams, schemes & plots for payroll fraud
- Tips on how to build red flag alerts into your payroll accounting
- Expert guidance on how to construct internal controls that prevent fraud
- Real-life payroll scams & their outcomes: Key lessons to take away
- Audit frequency: How often should you conduct audits to be effective?
- Tips on the different types of self-audits & methods to conduct them
- Common obstacles auditors face when it comes to fraud & how to avoid them
Who can Benefit:
- Accounts Payable Managers
- Payments professionals
- Operations managers
- Cash management product and sales staff
- Treasury managers
- Commercial bankers
- Corporate treasury professionals
- Payments network providers
- Operations Managers
- Financial Officers
- Risk Officers
- Internal Auditors
- Operational Risk Managers
- Business Managers/Controllers
- Account Managers
- Credit Unions
- Payment processors
- Operations managers
- Payments professionals
