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Fraud in Purchasing and Cash Disbursement

Type: Video Webcast
Date: September 11, 2014
Time: 01:00 PM - 04:30 PM ET
Recommended CPE Credit: 4
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Weighing the Cost/Benefit of Internal Controls.

Purchasing and cash disbursements are common targets for fraud in any entity's environment. While business owners and managers are aware that internal controls seem to be very important, they often don't know whether the entity’s system is adequate.

Topics Discussed:

  • Common Fraud Risks within the Purchasing and Cash Disbursement
  • Analysis of Controls for Effectiveness and Efficiency
  • Estimating the Cost/Benefit of Correcting a Control Weakness
  • Control Implementation Ideas
  • Errors and/or Fraud that Could Occur if Controls are not Implemented
  • Fraud Statistics
  • Preventive and Detective Procedures
    instinctively know that internal controls are important and necessary, it is
    sometimes difficult to effectively communicate this with business owners.
    It is important to focus on common frauds and internal controls over the
    purchasing and cash disbursement processes.

Learning Objectives:
This course teaches you to hone in on smaller businesses and nonprofit entities where cost/benefit analysis is extremely important and fraud is more likely to occur. Learn how to efficiently analyze controls to ensure you’re getting the “biggest bang for your buck” when considering a control to implement and/or test.

Who should attend: Business owners, managers, supervisors, accountants, and auditors

Field of Study: Auditing
Level: Basic
Prerequisites: None
Important Information on Your CPE Credit

Webcast Annual Pass
Fraud in Purchasing and Cash Disbursement
Individual CPE
September 11, 2014
Video Webcast
Product# VCL4PCD012
Availability: Online Access
Live Webcast
AICPA Member:$149.00
Your Price:$199.00
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