Training Course
Syllabus:
Detecting & Deterring Payroll Fraud: Proven Practices and Procedures Webinar
Objectives of the Presentation
Payroll Fraud Statistic´s-How big of a problem is it? How does payroll fraud occur? Preventing Payroll Fraud Internal Controls Tools (Process Maps, Business Continuity Plans, Process Documentation) Audits Sarbanes-Oxley 404 Requirements Ethical Business Practices
Why Should you Attend
The misappropriation of cash and fraudulent financial reporting are ongoing concerns for many business managers and owners. Payroll fraud is one of the most common forms of employee theft and is often exceedingly difficult to detect. One of the challenges to stopping payroll fraud is keeping abreast of the different types of scams that exist. Often the internal controls that are necessary to help prevent and detect payroll frauds are missing or ineffective. This webinar will help you understand the legal rules around detecting and deferring payroll fraud. The speaker will review tools that companies can use to make sure that fraud can be deterred or detected immediately. Areas Covered
An understanding of what is fraud & key indicators to look out for "Red flags" of typical payroll fraud schemes Practical strategies to prevent/detect payroll fraud Common risk factors companies face related to payroll fraud Tools to reduce the chances of payroll fraud Understanding laws that can affect payroll fraud and how to handle them Review the Sarbanes Oxley 404 requirements for publically traded companies and how they are intended to reduce payroll fraud And much more…. Topic Background As an organization's largest operating expense, payroll is particularly vulnerable to fraud. The use of third parties, coupled with the increased reliance on technology to process payroll, can make it easier to perpetrate-and more difficult to detect-this type of fraud. Knowing what the possible indicators or ‘red flags' of payroll fraud are will help mitigate potential losses to an organization. Who will Benefit All HR personal, Payroll professionals, Business Owners, Business Managers, Internal / External Auditors, Corporate Accountants, Government Accountants, Not-for-profit Accountants, Risk Management Personnel, CPAs, forensic accountants, Lawyers. |