Protect Against Big Dollar Fraud: Keys To Vendor Disbursement Fraud Prevention

Steve Dawson

Dawson Forensic Group

  • CPA Canada
  • CRMA
  • CFE
  • CIA
  • CMA
  • CPA
  • CVA

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Before starting this self study program, please go through the instructional document.

Overview

  • What Internal Control Is Not
    4 mins
  • Shell Company Fraud
    12 mins
  • Control Considerations for Shell Company Fraud
    32 mins
  • Data Analytics
    58 mins
  • Master Vendor File Audit
    78 mins
  • How Benford''s Law Works
    97 mins

Course Description

Big dollar amounts can be lost quickly through different types of vendor fraud. Explore case studies that demonstrate how easy it is to fall victim to things like Shell Company Fraud and Business Email Compromise. This fraud CPE webinar discusses how most companies do not have adequate new vendor establishment processes that confirm the identity and validity of a potential vendor. Throughout this presentation, learn practical processes and procedures that can protect against vendor disbursement fraud.

Key points discussed in this online fraud CPE webinar:

  • Case studies demonstrating fraudulent methods used by shell companies 
  • Demonstrating how business emails can be used to conduct fraud
  • Discussion about the importance of Vendor Establishment Process in order to prevent fraud
  • Practical processes and procedures to protect against Vendor disbursement


Recommended for:

This CPE self-study webinar is recommended for business owners, internal auditors and internal control professionals interested in preventing and detecting fraud. 

Learning Objectives

  • To explain basics of internal fraud consequences by studying recent (2020) statistics.
  • To define 2 Common types of Vendor Disbursement Fraud: Business Email Compromise and Shell Company Fraud
  • To explore a New Vendor Establishment Process, complete with template
  • To build your Vendor Information Change Processes, complete with template forms
  • To define the purpose of the Conflict of Interest Form
  • To recognize the importance of strong Compliance Audit Procedures

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Auditors
  • Bookkeepers & Accountants & Tax Preparers
  • Certified Public Accountant
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Young CPA