Fraud Roundup: Newer Frauds and How to Spot Them When Targeted is free courtesy of Wolters Kluwer
Over the last few years, it has become appallingly apparent that crooks are getting quite adept at targeting organizations and their employees. The amounts of money involved are often quite large and more than a few organizations have lost millions of dollars. Horrifically, a few AP professionals have lost their jobs over these frauds. And they keep coming, finding new ways to circumvent the fortress built to stop them. And as much as I hate to say this, they continue to find loopholes to worm their way into targeting everyone from the CEO right down to the lowest level clerk.
Current indications are that not only are these frauds continuing, they are picking up speed. Criminals did not take a holiday because of COVID; instead, they amped up their efforts. What’s more, some of the frauds are being perpetrated against individuals in addition to businesses. So, attendees will get some tips on how to protect themselves, as well.
This session will include all the new frauds related to the Coronavirus crisis. Alas, they are already starting to emerge and, once again, accounts payable is front and center as a target.
Who Should Attend
Accountants, controllers, accounting managers, auditors (internal and external), Treasurers, CFOs, CEOs, accounts payable professionals, procure-to-pay professionals, and travel managers.
Topics Covered
- When you are being targeted
- Potential new frauds, including those that emerged during COVID
- Necessary steps to prevent a crook from succeeding
- Educate your staff (and management) about the newest threats
- When information is being requested fraudulently
Learning Objectives
- Recognize when you are being targeted
- Identify potential new frauds, including those that emerged during COVID
- Describe how to take the necessary steps to prevent a crook from succeeding
- Identify how to educate your staff (and management) about the newest threats
- Recognize when information is being requested fraudulently
