CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Payroll Fraud

  • CRMA
  • CFF
  • CFE
  • CIA
  • CMA
  • CPA (US)
  • QIAL
Payroll Fraud

2 Credits

FREE

Subject Area

Auditing

Webinar Qualifies For

2 CPE credit of Auditing for all CPAs

2 CPE credit for Certified Management Accountants (CMA)

2 CPE credit for Certified Internal Auditors (CIA)

2 CPE credit for Certification in Risk Management Assurance (CRMA)

2 CPE credit for Certified Fraud Examiners (CFEs)

2 CPE credit for Internal Audit Practitioner (IAP)

2 CPE credit for Qualification in Internal Audit Leadership (QIAL)

2 CPD credit (Verifiable) for CPA/CFF

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

According to a study completed by the Association of Certified Fraud Examiners, 27% of all business in the United States are subject to payroll fraud. Even worse: the average time that payroll fraud goes undetected is 36 months!

Payroll fraud is the most common form of employee theft and of all the accounting fraud scams, it’s one of the hardest to detect. One of the difficulties in stopping payroll fraud is to understand the different types of scams that exist. How can you implement policies, procedures and strategies to identify, eliminate and prevent payroll fraud?

This CPE course is designed to review the issue of payroll frauds. Examples of actual frauds will be provided so participants can understand how the frauds are being committed and how they were uncovered. Information will be provided about payroll frauds committed by employees as well as payroll frauds committed by management and company owners. In this CPE course we will review various methodologies for detecting payroll fraud and will discuss developing internal controls to help prevent and detect payroll fraud.

Major topics covered in this online Auditing CPE webinar:

  • How to spot “ghost” employees
  • Timecard falsification schemes
  • Fraudulent commissions (usually with kickbacks)
  • How payroll managers manipulate pay rates
  • Red flags of payroll frauds
  • Best practices to detect and prevent payroll fraud

Learning Objectives

  • To recognize types of payroll frauds
  • To identify the methodologies for detecting payroll fraud
  • To design internal controls to prevent and detect payroll fraud
  • To discuss simple methods to strengthen payroll control

Who Should Attend?

  • Certified Management Accountant
  • Certified Public Accountant
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Young CPA