Mobile Edition


Purchasing, Inventory, and Cash Disbursements: Common Frauds and Internal Controls (AIPICD04)

 
Date:Friday, September 6, 2019
Time:9:00 AM - 1:00 PM
(Registration at 8:30 AM)
Facility:Webcast or Webinar, Online
CPE Credit:4.0 Accounting and Auditing
Instructor: Glenn Helms
Vendor:AICPA
Course Level:Basic
Early Bird Price:$179.00 FICPA Members, $229.00 Non-Members

Description:

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 webcast also emphasizes smaller businesses and not-for-profit entities 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.



Objectives:

Learning Objectives:

- 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.



Major Topics:

Key Topics:

- 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



Who Should Attend:
Auditors

Session/Options

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.