Procure to Pay (P2P) Fraud: Critical Controls, Risk Mitigation and Case Studies for Analyzing What Went Wrong

Instructor: Chris Doxey
Product ID: 703859
  • Duration: 60 Min

recorded version

1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section

Training CD

One CD is for usage in one location only.
(For multiple locations contact Customer Care)
CD and Ref. material will be shipped within 15 business days

Customer Care

Fax: +1-650-963-2556


Read Frequently Asked Questions

This unique and interactive workshop will analyze real time case studies from all components of the procure to pay (P2P) process that include: procurement, T&E, P-Card, AP, and disbursements. Attendees will have an opportunity to discuss what went wrong and will determine the key internal controls that were missing. The instructor will highlight the three critical corporate controls, the standards of internal control for P2P, and the top twenty controls for AP.

Why Should You Attend:

Purchase to pay process, compliance controls, segregation of responsibilities – all things which to a business can, and are, seen as obstacles to just getting things done. But, they’re a necessary evil without which fraud would run rife – particularly within the procure to pay (P2P) process. So what are the most common P2P frauds? And how can they be prevented?

This training session will educate P2P executives, audit, compliance, ethics and financial staff about how P2P fraud threatens them and their organization’s assets. By case study analysis, participants will learn:

  • To identify the red flags of P2P frauds
  • Best practices in detecting these indicators
  • Your role in conducting a P2P fraud investigation
  • Essential anti-fraud controls to mitigate fraud risk throughout the P2P process

Areas Covered in the Webinar:

  • The Three Critical Corporate Controls
    • Delegation of Authority
    • Segregation of Duties
    • Systems Access
  • Standards of Internal Control for P2P
  • The Top Twenty Controls for AP
  • What Went Wrong: Case Study Analysis
    • Procurement
    • T&E
    • P-Card
    • AP
    • Disbursements

Who Will Benefit:

  • Financial Officers
  • Controllers
  • Accounts Payable Executives
  • Procurement Executives
  • Shared Service Center Executives
  • Internal Auditors

Instructor Profile:

Chris Doxey has held senior finance and controller positions at Digital Equipment Corporation, Compaq Computer Corporation, Hewlett Packard, MCI, APEX Analytix, and BSI Healthcare. She has a bachelor's degree in English, a bachelor's in accounting, a master's in business administration, and a graduate certificate in project management. As a management consultant, Ms. Doxey uses her foundation of experience to provide best practices and solutions to her clients in the areas of compliance, auditing, internal controls, and fraud prevention. She also serves as the Executive Director of the Controller Certification Program for the IOFM.

Ms. Doxey is a Certified Accounts Payable Professional (CAPP), holds a Certification in Controls Self - Assessment (CSA), is a Certified Internal Controls Auditor (CICA), and is a Certified Professional Controller (CPC). She has authored The Controller’s Best Practices Guide and The Controller’s Best Practices Guide to the Financial Close for the IOFM and IMA. She has also published two handbooks: AP Leadership Skills and Implementing a Controls Self -Assessment Program for Accounts Payable. She writes articles, blogs, and whitepapers for professional organizations and solution providers. She also provides several webinars and presentations throughout the year.

Ms. Doxey is a member of the Institute of Internal Auditors (IIA), the Institute for Internal Controls (The IIC), the Institute of Financial Operations (IFO), and the Institute of Management Accountants (IMA). She is a board member of the IMA’s Ethics Committee and Research Foundation. She is also a member of the advisory board for The IIC and is president of the Washington DC area chapter for both the IFO and The IIC organizations.

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