Course Description

Payroll fraud is among the most common and expensive types of occupational fraud worldwide. According to the Association of Certified Fraud Examiners (ACFE), organizations lose approximately 5% of their revenue to fraud annually, with payroll schemes accounting for roughly 10-15% of occupational fraud cases globally. These schemes typically last a long time—often 18 months before detection—and can cause significant losses (25% of payroll fraud cases cost over $250,000 each).

This comprehensive webinar will equip finance professionals with essential skills to detect, prevent, and combat payroll fraud. You'll master the critical aspects of payroll fraud prevention through practical, real-world scenarios that blend theoretical knowledge with actionable strategies.

Learning Objectives

• Identify common payroll fraud schemes: Recognize various deceptive methods fraudsters use to manipulate payroll systems for personal gain.
• Recognize how to spot warning signs and indicators that may signal fraudulent payroll activity is occurring.
• Discover how to establish proactive measures designed to stop fraud before it occurs.

Prerequisites

• None

Who Should Attend

CPAs, accounting/finance professionals who work with or are impacted by payroll.