Purchasing, Inventory, and Cash Disbursements: Common Frauds and Internal Controls

Date: January 10, 2018 Time: 9:00 am - 1:00 pm EST Location: Online CPE: 4 Format: Webcast
EVENT DESCRIPTION

Purchasing and cash disbursements are common targets for fraud in any entity’s environment. Today, many practitioners, auditors and management in industry are aware of the criticality of adequate internal controls, but may be uncertain whether existing controls in their organizations are adequate. It is important to understand common frauds and internal controls over the purchasing and cash disbursement cycle. This webcast also emphasizes smaller businesses and not-for-profit entities where cost/benefit analysis is extremely important and fraud is more likely to occur. Learn how to analyze existing controls and consider or implement new controls to more effectively and efficiently address the needs of your organization.

LEARNING OBJECTIVES
Identify common frauds in the purchasing and cash disbursement processes~
Recognize internal controls to mitigate various risks~
Recall an analysis process to improve efficient and effective risk management in your organization~
MAJOR TOPICS
The acquisitions cycle: ordering, receiving, and warehousing
Cash disbursements cycle
Payroll and expense reimbursement frauds
External auditing and forensic investigations: conceptual and procedural differences
Controls and design
EVENT DETAILS
PROFESSIONAL AREAS OF FOCUS
Accounting & Auditing Practitioner
CPE FIELD OF STUDY
Auditing (4 Credits)
WHO SHOULD ATTEND
Auditors, practitioners, and all levels of CPA professionals
COURSE LEVEL
Basic
LOCATION
Online Webcast
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