Expense Reporting Fraud and Abuse: Protect Your Company ON DEMAND

Overview

Are you constantly battling the creative ways employees game expense reports, undermining your organization’s financial integrity? You’re not alone. This pervasive issue, if left unaddressed, not only leads to financial losses but also erodes trust within the organization. In our course, we delve deep into the gravity of expense reimbursement fraud and its implications for any business. Starting with a detailed discussion on the magnitude of this challenge, we illuminate the often-underestimated impacts of such practices. But identifying the problem is only the beginning. Our session progresses to present the findings of a recent study on receipt requirements in companies, providing a benchmark for your own policies. The crux of our online Webcast CPE course lies in unraveling the various tactics employees employ to inflate their reimbursement claims and, more importantly, equipping you with robust strategies to counteract these fraudulent activities. By the end of this course, you will not only be able to pinpoint the common fraud schemes but also implement strong controls to deter such behavior, seamlessly integrate IRS requirements into your T&E policy, and establish a clear, tight expense reimbursement policy that leaves no room for misconceptions or misuse.

Highlights

Common expense reporting issues. Expense reporting problems caused by the traveler. Expense reporting problems caused by the manger. Expense reporting issues that can be addressed if the detailed meal receipt is required. Best expense reporting practices roundup.

Prerequisites

None.

Designed For

CPAs.

Objectives

Identify common expense reimbursement fraud schemes used by employees. Identify best practices for implementing strong controls to deter expense reimbursement fraud. Discover how to integrate IRS requirements into your organization’s T&E policy. Recognize characteristics of a tight expense reimbursement policy that will prevent misconceptions about your expense reimbursement policy.