Detecting & Preventing Expense Reimbursement Fraud (Currently Unavailable)

Author: Robert K Minniti

This course is designed to review expense reimbursement frauds. We will review various methodologies for detecting expense reimbursement fraud and will discuss developing internal controls to help prevent and detect expense reimbursement fraud.

Examples of actual frauds will be provided so participants can understand how the frauds are being committed and how they were uncovered.

Publication Date: May 2016

Designed For
CFOs, CEOs, business owners, business managers, internal auditors, external auditors, corporate accountants, government accountants and risk management personnel.

Topics Covered

• Expense reimbursement frauds
• Methodologies for detecting expense reimbursement fraud
• Developing internal controls
• Prevent and detect expense reimbursement fraud
• Examples of actual frauds
• How frauds are being committed and uncovered

Learning Objectives

• Review methodologies for detecting expense reimbursement fraud
• Design internal controls to prevent and detect expense reimbursement fraud
• Identify the types of occupational frauds occur most frequently
• Recognize which industry has the most expense reimbursement fraud according to the ACFE
• Evaluate the most common source of fraud tips
• Identify what duplicate receipts are an example of
• Recognize how employees commit expense reimbursement fraud
• Differentiate components of the COSO Framework for Internal Control
• Identify the types of occupational fraud which has the longest duration before detection
• Recognize the most common way occupational fraud is discovered
• Differentiate which expense reimbursement frauds are used
• Identify how to detect expense reimbursement frauds
• Recognize red flags for expense reimbursement fraud
• Identify risks for expense reimbursement fraud
• Describe control environments and activities
• Recognize information and communication control
• Identify monitoring controls

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Accounting (1 hour), Auditing (1 hour)

Program Prerequisites
A basic understanding of fraud and internal controls

Advance Preparation
None