2019 - Procure-to-Pay Fraud: Detecting and Preventing Purchasing, Receiving and Disbursement Frauds

INTRODUCTION:
Statistical overview of the fraud problem generally, and T&E fraud specifically.
Who commits fraud
Overview of most common P2P fraud schemes.
Case studies of purchasing, receiving and disbursement fraud.
P2P FRAUD DETECTION AND PREVENTION:
Red flags of key P2P frauds
Conducting a Fraud Risk Assessment of the P2P Cycle
Audit techniques to identify P2P fraud red flags
Digging deeper for indicators of actual fraud
Reporting to Management
Remediating internal control deficiencies in the P2P process
Case studies of procurement, receiving and disbursement fraud