Conferences
AP's Role in the Control of Fraud in a Sarbanes-Oxley Environment - Chicago, IL
A Case Study Approach to Applying Internal Control Best Practices
06/20/08
8:00 - 4:00 PM
This full-day seminar is in the style of a workshop in which participants will actively discuss fraud/malfeasance case studies affecting cash disbursements and procurement. The seminar scope not only includes Sarbanes-Oxley (SOX) considerations but also internal controls for companies and processes not affected by SOX. The presenter will lead the session accentuating risks, prevention, detection, responsibilities, and documentation.
You’ll learn how to:
- Identify the control risks inherent in payables and procurement
- Facilitate your detection of imprudent practices
- Evaluate cost of controls versus benefits
- Institute best practices process steps to prevent fraud and malfeasance
- Define policing responsibilities among revenue/expense center, internal audit, AP and the other procurement activities
- Document your controls consistent with Sarbanes-Oxley regulations
Using a case study approach, the emphasis will be on situations that detail various fraud/malfeasance issues. Then, the discussion turns to:
- How did the overall environment contribute to the condition?
- What preventive steps could have been taken?
- What detective measures could have been employed?
- How should these measures/steps be documented?
- What is the impact of Sarbanes-Oxley in relationship to this control risk?
- How can the measures/steps be tested for effectiveness?
- What is the probability of an occurrence in your company?
- How much will the extra controls cost in your company?
- Are the control costs worth it considering the probability of abuse?
We’ll also cover fraud in:
- Purchasing
- Vendor Master File
- Remittances
- Voided Checks-Escheatment
- Travel & Entertainment
- Procurement Cards
- Receipt of Goods
- Receipt of Services
- Offsetting Rebates and Receivables
- Material Accounting Misstatements
You’ll learn the risks associated with:
- Credit cards
- Electronic controls
- Replication/Imaging of documents
- Intangible services
- Expense reporting
- Carelessness
- Extravagance/Misuse
- Vendor collusion
- Vendor abuse
About the Presenter
Nat Goodman, MBA, CPA
Seminar Schedule:
8:00am - 9:00 — Registration with Continental Breakfast
8:30am - 11:45 — Seminar
11:45 - 12:45 — Lunch (provided)
1:00pm - 4:00 — Seminar continues
CPE Credit: IOMA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site: www.nasba.org. This conference qualifies for 7 CPE Credits. No pre-requisite courses, advanced preparation or experience is required for admittance to this conference. 
Receive up to 6 CEUs toward APM, APS, or APD recertification! The Accounts Payable Certification Programs is designed to establish standards for the profession and recognize AP professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the accounts payable body of knowledge.
Venue: Radisson Hotel & Suites Chicago, 160 E. Huron Street, Chicago, IL 60611. Ph: 312-787-2900.
Mention you're attending the AP's Role in the Control of Fraud in a Sarbanes-Oxley Environment to take advantage of the special reduced room rate of $269 for a standard, single/double occupancy (plus taxes).
Deadline to guarantee reduced rate: Monday, May 19, 2008 (providing group room block has not been filled); thereafter (or if the block is filled), rooms are subject to availability.
Substitutions & Cancellations: Should you be unable to attend for any reason, please inform us IN WRITING prior to June 5, 2008 and IOMA will give you a full refund less a $100 administrative fee. If you cancel after June 5, 2008, you may request a courtesy transfer to use at any IOMA event of equal or lesser value. The courtesy transfer must be used within one year of the date of your originally scheduled event. Substitutions of enrolled delegates may be made at any time, please call IOMA at 800-401-5937 ext. 2 to let us know before June 12, 2008.
You can also register for the Essentials of Accounts Payable Training & Certification Program on the preceding day
For more information on the Essentials of Accounts Payable Training & Certification Program , visit the website at www.accountspayble360.com/conferences/978.html.
To register contact IOMA Customer Service at 800-401-5937 ext. 2 or via email at subserve@ioma.com or simply make a selection below.
At this event, you'll also receive a free copy of IOMA's Complete Guide to Accounts Payable Best Practices 2008—a $379 Value!Purchasing
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 Accounts Payable |
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