Category: Cost Management
Function: CFO, Controller, Financial analyst, Business Owner, Business Unit Manager, Internal auditor.
Profit leaks and fraud lurks in all organizations -- big and small, public and private, regardless of the industry and sector. But taking the first steps to build a solid error and fraud prevention program does not have to be expensive or time consuming. You can start by running 10 essential tests -- using existing software or Excel -- that will help you identify and thwart fraud, as well as demonstrate to the board, company owners and shareholders, that you have conducted prudent, risk-management exercises as a matter of course.
Join Rich Lanza, president of Cash Recovery Partners, LLC and a certified fraud examiner, for a one-hour Webcast in which he guides participants through demonstrations of 10 profit leak and fraud tests that can be performed at your company today.
During this Webcast, you will learn how to:
- Prioritize the top areas of error and fraud occurrence for your company, based on research culled from recent field surveys;
- Run key, proactive profit leaks and fraud detection tests -- using existing financial software -- in accounts payable, vendor entries, payroll, and sales bookings;
- Understand the best and easiest detection steps to implement immediately;
- Turn your vendor master file into a perpetual cash machine; and
- Set up a program of regular error and fraud risk management.
Included with this Webcast are several documents to help participants continue their learning after the Webcast:
-- Fraud Prevention Checklist
-- A recent Fraud Research Study (2012)
-- Lists of Top Tests to Run in Top Occurring Areas Prone to Fraud;
-- A copy of AU 316 (formerly FAS 99), FASB's template for Anti-Fraud Programs & Controls; and
-- Sample chapters from the recent Wiley & Sons publication Cost Recovery: Turning Your Accounts Payable Department into a Profit Center
This Webcast does not currently offer the opportunity to earn continuing professional education (CPE) credit. We invite you to stay tuned to CFO.com for future Webcasts that will offer attendees opportunities to earn CPE credit.
For inquiries or complaints concerning this Webcast, please call (888) 250-5719.
About the Presenter
Richard B. Lanza
, president of Cash Recovery Partners LLC, is a certified public accountant and certified fraud examiner who has authored 13 publications and training courses, as well as more than 75 articles, focused on fraud detection, cost recovery, and auditing software.
He has been awarded by the Association of Certified Fraud Examiners for Outstanding Achievement in Business due to his work on Proactively Detecting Fraud Using Computer Audit Reports
, as well as, being recognized in the AICPA's Audit Standard 99 (AU316) for his work with Management Antifraud Programs and Controls
. His most recent title from Wiley & Sons titled Cost Recovery: Turning Your Accounts Payable Department into a Profit Center
helps organizations create internal savings using simple proven techniques.
Rich's expertise is helping companies of all sizes meld cost recovery and fraud detection to identify their hidden financial assets, mostly using technology. Rich's nearly two decades of experience in audit technology and recovery auditing has made him a leader and authority in these areas. For more information on Rich, please see his web site at www.richlanza.com
About CFO Learning
CFO Learning provides targeted training and education for corporate finance executives and their teams to help these professionals stay ahead of today's evolving business environment. Our training is delivered online, in-person, and in self-study formats and our presenters are leading experts experienced in providing efficient instruction to professionals.