Mobile Edition

Purchasing, Inventory, and Cash Disbursements: Common Frauds and Internal Controls (AIPICD09)

Date:Thursday, December 28, 2017
Time:1:00 PM - 4:59 PM
(Registration at 12:30PM)
Facility:Webcast or Webinar, Online
CPE Credit:4.0 Accounting and Auditing
Instructor: Glenn Helms
Course Level:Basic
Early Bird Price:$159.00 FICPA Members, $199.00 Non-Members

Purchasing and cash disbursements are common targets for fraud in any entity's environment. Today, many practitioners, auditors and management in industry are aware of the criticality of adequate internal controls, but may be uncertain whether existing controls in their organizations are adequate. It is important to understand common frauds and internal controls over the purchasing and cash disbursement cycle. This course also emphasizes smaller businesses and not-for-profit entities in addition where cost/benefit analysis is extremely important and fraud is more likely to occur. Learn how to analyze existing controls and consider or implement new controls to more effectively and efficiently address the needs of your organization. TOPICS DISCUSSED  The acquisitions cycle: ordering, receiving, and warehousing  Cash disbursements cycle  Payroll and expense reimbursement frauds  External auditing and forensic investigations: conceptual and procedural differences  Controls and design

When you complete this course you will be able to:  Identify common frauds in the purchasing and cash disbursement processes.  Recognize internal controls to mitigate various risks.  Recall an analysis process to improve efficient and effective risk management in your organization.

Who Should Attend:
Auditors, practitioners, and all levels of CPA professionals


If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.