The Purchasing and Accounts Payable cycles create numerous data which can be examined and tested for a lot of areas of possible fraud. Accounts Payable could be the “check book” within the organization and thus produces a place by utilizing no proper control atmosphere may be ripe for frauds. Internal Audit organizations have the ability to spend sources to evaluate the information that will come in the manner to permit the business to feel comfortable that controls established yourself and functioning correctly or that there might be frauds occurring. You will find techniques to evaluate most of information that come from getting to cover invoices. Knowing the facts are the first step towards knowing things to consider. The program will pay out time discussing using Audit Control Language (ACL) and exactly how it along with other tools be thankful (IDEA) are useful within the analysis of Accounts Payable and achieving data.

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Why Are You Able To ATTEND

Through getting a increased understanding of fraud along with the ongoing cost to organizations, going for a positive stance on performing anti-frauds audits in Purchasing and Accounts Payable is important to a lot of organizations. Using the Association of Certified Fraud Examiners (ACFE) “Report on their behavior towards the Nations on Work-related Fraud and Abuse” printed this year, it predicted that 5% in the organization’s revenue sheds to frauds. This program provides you with an easy knowledge of Fraud, different data analysis which can be utilized, positive accounts payable Anti-Fraud types of reviews which can be conducted along with other data analysis tests which can be performed.Some understanding and make use of of ACL or IDEA is recommended whilst not needed.

AREAS COVERED

The Fraud triangular and statistics inside the ACFE

An easy knowledge of fraud as well as the various kinds of fraud that may occur

Understanding the data that theOrG or It could offer analysis

Different data analysis tools which can be utilized (ACL versus. IDEA or simply Stand out)

Types of positive accounts payable anti-fraud reviews

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Different data analysis tests which can be performed on accounts payable data

Different data analysis tests which can be performed on purchasing data

LEARNING OBJECTIVES

Obtain a apparent idea concerning how to perform anti-fraud audits within the purchasing/accounts payable cycle. Also know using Audit Control Language (ACL) and exactly how it along with other tools be thankful (IDEA) are useful in analyzing accounts payable and achieving data.

Who’ll BENEFIT

Internal Audit personnel connected with Fraud related activities

Internal Audit Management thinking about performing anti-fraud audits of Accounts Payable and achieving Cycles

Professionals accountable for or thinking about performing anti-fraud audits

Risk/Compliance Officer any industry

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