Seminar

Detecting Fraud Through Vendor Audits

Detecting Fraud Vendor Audits
Course Level
Intermediate
CPE
8 Credits

Description

Does your organization have an established contractual right-to-audit in your purchasing and vendor contracts? Auditing vendors and suppliers is critical to deterring and detecting fraud. Doing this ensures that your organization is being treated equitably and is not a victim of fraud.  

This course will help you to develop a solid foundation for vendor audits. This includes crucial information like identifying which vendors to target, how to prepare for a vendor audit, how to identify, gather and audit relevant vendor documentation and common vendor fraud schemes to look for.

Prerequisites

Familiarity with the contract and procurement process

You Will Learn How To:

Ensure that contract language supports future audits

Assess the strength of current vendor contracts and audit clause language

Identify and select good candidates for vendor audits

Recognize key parties affected by the vendor audit and obtain their support for the audit process

Identify and collect essential pre-audit background information

Determine and request supporting documentation for audit

Apply the most effective audit tests to detect potential fraud

Recognize the types of fraud and related red flags that might be uncovered during a vendor audit

Respond to identified vendor fraud warning signs

CPE Information

CPE Credit: 8
Advanced Preparation: None
Delivery Method: Group-Live

Credit by Field of Study

Auditing: 8

Course Fees

Members: $295

Non-Members: $395

Policies

Event Cancellation Policy

Our cancellation policy is intended to keep costs low for attendees. Due to financial obligations incurred by ACFE, Inc. you must cancel your registration prior to the start of the event. Cancellations received less than 14 calendar days prior to an event start date are subject to a $100 administrative fee. No refunds or credits will be given for cancellations received on or after the start date of the event. Those who do not cancel and do not attend are responsible for the full registration fee. Should an event be cancelled or postponed by the ACFE due to unforeseen circumstances, ACFE will process a full refund of registration fees within 30 days of such circumstances becoming known. ACFE will attempt to notify affected customers by phone and email after it determines cancellation is necessary.

Satisfaction Guarantee

ACFE seminars are unmatched in scope and effectiveness and backed by our unconditional satisfaction guarantee. If you attend an ACFE event and are not completely satisfied, please contact an ACFE Member Services Representative at MemberServices@ACFE.com or call (800) 245-3321 / +1 (512) 478-9000.

Terms and Conditions

 


nasba-events-tos-image The Association of Certified Fraud Examiners, Inc. 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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.