Procurement Cards Fraud | P-Cards – Fraud Detection and Prevention March 21, 2013

Course Description:

The increased usage of procurement cards has resulted in rise in reports of procurement card misuse and fraud. This webinar will provide an overview of procurement card fraud and its types. It will also help the attendees with an understanding of P-Card fraud detection and the best practices to be followed in order to mitigate P-Card misuse.

Course Objective:

Many companies have implemented P-Cards as a means to reduce invoice volume and increase efficiency within accounts payable department and within the procure- to- pay cycle. The increased use of P-Cards has resulted in additional risk which creates an enhanced focus on internal controls and spotlights the role of the P- card administrator.

This course on procurement card fraud will provide a practical internal controls toolkit that will help to reduce the potential for fraud and mitigate risk within the process. The instructor will be focusing on a timely case study that describes what can happen if a good P-Card controls program is not in place. This procurement card program will help the attendees to identify the specific red flags of P-Card fraud and how the situation could have been prevented

Official Website: http://www.complianceonline.com/ecommerce/control/trainingFocus/~product_id=702608?channel=yahooevent