Detecting and Preventing 2016 - Detecting and Preventing Expense Reimbursement Fraud - By Compliance Global Inc

Overview:
This webinar is designed to review the issue of expense reimbursement frauds. Examples of actual frauds and fraud schemes will be provided so participants can gain a better understanding of how expense reimbursement frauds are being committed and how they were uncovered.
Why Should You Attend:
Expense reimbursement fraud is one of the most common frauds faced by businesses, not-for-profits and government entities. The average loss for an expense reimbursement fraud scheme is $30,000.
When employees cross the line and are able to rationalize their behaviour as being acceptable the company’s assets are at risk. It is important to understand the risks of occupational fraud, such as expense reimbursement fraud, and to design appropriate internal controls to prevent and detect expense reimbursement fraud. Managers need to be able to recognize the red flags that could indicate expense reimbursement fraud is occurring in their departments.
Areas Covered in this Webinar:
We will review why employees commit occupational frauds such as expense reimbursement frauds. Statistics on occupational fraud will be presented. Examples of real cases will be provided so attendees can gain a better understanding of how these frauds are committed.
We will discuss which internal controls are frequently messing when expense reimbursement fraud occurs and what internal controls companies should implement to help prevent and detect expense reimbursement fraud. We will consider controls for each of the components of the COSO Internal Control Framework.
Learning Objectives:
Review methodologies for detecting expense reimbursement schemes
Design internal controls to prevent expense report fraud
Design internal controls to detect expense reimbursement fraud
Who Will Benefit:
CFOs
CEOs
Business Owners
Business Managers
Internal Auditors
External Auditors
Corporate Accountants
Government Accountants
Risk Management Personnel
Speaker Profile:
Bob Minniti is the President and Owner of Minniti CPA, LLC. Bob is a Certified Public Accountant, Certified Forensic Accountant, Certified Fraud Examiner, Certified Valuation Analyst, Certified in Financial Forensics,Master Analyst in Financial Forensics, Chartered Global Management Accountant, and is a licensed private investigator. Bob is currently pursuing a doctoral degree in business administration at Walden University. Bob received his MBA degree and Graduate Certificate in Accounting from DeVry University’s Keller Graduate School of Management, and received his Bachelor of Science in Business Administration degree from the University of Phoenix. Bob is a professor teaching graduate and undergraduate coursesin accounting, fraud examination, fraud criminology, ethics, forensic accounting, external audit, internal audit, tax, and real estate finance at DeVry University, Grand Canyon University, Northwestern University, and the University of Phoenix.
He has designed graduate and undergraduate courses for Grand Canyon University, Northwestern University, and Anthem College. He is a writer and public speaker. He has experience inforensic accounting, fraud examinations, financial audits, internal audits, compliance audits, real estate valuations, business valuations, real estate financing, internal control development, business continuation planning, risk management, financial forecasting and Sarbanes-Oxley compliance work.Bob is an instructor teaching continuing professional education classes for the American Institute of Certified Public Accountants. Bob served on the American Board of Forensic Accounting for 5 years the final two years as Chairman of the Board. He also served on the Board of the American College of Forensic Examiners for two years.