anti-fraud-audits-procurement-accounts-payables virtual, sheridan

OVERVIEW
The Purchasing and Accounts Payable cycles create a multitude of data that can be analyzed and tested for certain elements of possible fraud.Internal Audit organizations have the ability to spend resources to analyze the data that comes out of the process to enable the organization to feel comfortable that controls are in place and functioning properly or that there may be fraud occurring.
There are simple ways to analyze large volumes of data that come from paying invoices. Understanding the data is the first step toward knowing what to look for. The course will spend some time discussing the use of Audit Control Language (ACL) and how this tool and other tools like it (IDEA) are helpful in the analysis of Accounts Payable and Purchasing data.

WHY SHOULD YOU ATTEND?
With an increased awareness of fraud and the ongoing cost to organizations, taking a proactive stance on performing anti-fraud audits in Purchasing and Accounts Payable is imperative to most organizations.
This course will provide you with a basic understanding of fraud, different data analyses that can be utilized, proactive accounts payable Anti-Fraud examples of reviews that can be conducted, and different data analysis tests that can be performed.

AREAS COVERED
The fraud triangle and statistics from the ACFE
A basic understanding of fraud and the different types of fraud that can occur
Understanding the data that A/P or IT can provide for analysis
Different data analysis tools that can be utilized (ACL vs. IDEA or just Excel)
Examples of proactive accounts payable anti-fraud reviews
Different data analysis tests that can be performed on accounts payable data
Different data analysis tests that can be performed on purchasing data

WHO WILL BENEFIT
Internal Audit Personnel involved in Fraud Related Activities
Professionals Responsible for or Interested in Performing Anti-Fraud Audits
Risk Officer
Compliance Officer
Internal Audit Management interested in Performing Anti-Fraud Audits of Accounts Payable and Purchasing Cycles

About speaker
Marna Steuart has been in the audit industry for over twenty years. Ms. Steuart began her career with a Big Four firm as an external auditor, then as an internal auditor in several different capacities within several different industries.

Ms. Steuart obtained her Certified Fraud Examiner license in 2007 and was the main fraud investigator for five years at a large utility company. She was responsible for performing and updating the fraud risk assessment on an annual basis and conducting over fifty internal fraud investigations during her time at this organization.