Accounting Processing Best Practices

Fundamentals of Accounts Payable: Payment Fraud Prevention and Detection

Course Overview:
Payment fraud is an unfortunate fact of life for virtually every organization doing business today. There’s no such thing as too big or too small. Everyone is a target. But that doesn’t mean you have to be a victim. In this course you will learn how to take the proper steps to prevent and detect check, card, and electronic payment fraud. You’ll also learn about some of the risks your organization may not realize it has taken on when it allows employees to use their own tablets and smart phones for company business.

Learning Objectives:


After completing this course, participants should be able to:
  • Determine how to use positive pay correctly
  • Identify ways to minimize and deter p-card fraud
  • Identify misconceptions that deter proper fraud protection
  • Recognize best practices to prevent ACH and wire fraud
  • Identify how to create a policy to deal with the BYOD issue
  • Distinguish between different types of payment fraud
  • Determine procedures to deter, detect, and prevent all types of payment fraud

Prerequisites/Advanced Preparation:


Speaker / Author:

Mary S. Schaeffer is editorial director of CRYSTALLUS, Inc., which publishes the Accounts Payable Now & Tomorrow newsletter and the e-zine e-AP news. After working in the finance and treasury departments of several large companies for 15 years, she turned to writing and consulting full time. She is the author of 17 business books, including 101 Best Practices for Accounts Payable, is a nationally recognized accounts payable expert and consultant and a frequent speaker at seminars, conferences and online events. She is the creator of the Institute of Financial Operations Accounts Payable Innovation Certificate program and several self-study courses for CPAs. Mary Schaeffer has a B.S. in Math from York College and a M.B.A. in Finance from New York University. She is a member of the Authors Guild and the New York Financial Writers' Association.


Price (USD)

Standard: $49.90


Course Code : 99SCH15-tx

Release Date : 09/07/2018
Expire Date : 02/28/2022
Credits :
CPE 2.00
QAS 2.00

Course Level : Overview
Course Type : QAS Self-Study
Length : 1hr 40min
Passing Grade : 70%
Theme : Accounting Processing Best Practices

Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

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