Detecting and Preventing Fraud in Payroll: Proven Strategies to Save Money

Why Should You Attend:

Payroll fraud, one of the most widespread types of employee theft of all the accounting fraud scams is the toughest to detect. The different kinds of prevailing scams make it more difficult to stop payroll fraud. What can you do to implement policies, procedures, and strategies to find out, eliminate and thwart payroll fraud? We welcome you to attend this 90-minute webinar to discover:

• Signs to watch out for when identifying payroll fraud
• Procedures you can implement to prevent fraud
• How to use audits to identify patterns and red flags and stop scams
• The most common risk factors companies face in dealing with payroll fraud
• Real examples: Strategies drawn from actual fraud cases

Areas Covered in the Webinar:

• Recognizing Payroll Fraud: Different kinds of Scams & Warning Signs to be aware of
• The tell-tale signs of fraud: What to watch out for in employee behavior
• Recognize your risk factors: Current issues companies are facing & how to prepare
• The typical suspects: Common scams, schemes & plots for payroll fraud
• Strategies to Detect & Prevent Fraud with Internal Controls & Policies
• Guidelines on how to design red flag alerts into your payroll accounting
• Expert tips on how to build internal controls to prevent fraud
• Payroll scam case studies & their outcomes: Key take-home lessons
• How to Use Payroll Audits to Secure your Organization Against Fraud & Negligence
• Audit frequency: What should be the frequency of audits to be effective?
• Tips on the various kinds of self-audits & approaches to conducting them
• Common problems auditors face when it comes to fraud & how to avoid them

Who Will Benefit:

• Internal and external audit professionals
• Accounting and audit practitioners
• HR managers
• Senior financial management seeking to reduce their vulnerability to costly frauds
• Payables specialists
• Procurement managers
• Compliance and ethics managers
• CFO's/senior financial managers
• Security Personnel/Fraud Investigators and Examiners

Peter Goldmann
President, FraudAware LLC

Peter Goldmann is president of FraudAware LLC, the publisher of White-Collar Crime Fighter, a widely read online information source for internal auditors, controllers, corporate counsel, financial operations managers and fraud investigators.

Peter is the author of Fraud in the Markets: Why it Happens and How to Fight It, published by John Wiley & Sons, as well as four other anti-fraud books.

Peter also developed FraudAware, the leading employee fraud awareness training program. A user-friendly, customized learning tool, FraudAware uses workshop, Webinar and E-Learning formats to educate employees and managers at all levels in how to detect, prevent and report incidents of fraud or suspicious conduct.

Peter holds a Bachelor’s degree from the University of Michigan and a Master’s from the London School of Economics

He can be reached at [email protected]

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