AP Processing and Fraud Prevention


August 24, 2020
1:30 PM - 3:15 PM
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Fraud is on the rise! The majority of financial institutions, businesses and governments have reported that their organizations have experienced attempted or successful payments fraud.

Accounts Payable (AP Fraud) is among the easiest to perpetrate, can affect all sizes of governments and include any size transaction.

This class will highlight the following:

  • Accounts Payable Best Practices

o   – Electronic Payments- ACH

o   – Positive Pay

o   – Quality Control

o   – Vendor Verification

  • Red Flags

o   – Billing Schemes

o   – Check Tampering

o   – Expense Reimbursement

o   – Kickback Schemes

  • Case Studies

o   Probably 2 – A big case and a small case

  • Trends

o   – Integrated Payables

o   – Workflow management

o   – Alignment between procurement and AP

o   – Better integration between AP and ERP systems


$15.00 CGFOA Member

$25.00 CGFOA Non-member

$0.00 Instructor