Time: September 23, 2015 from 10am to 11am
Location: Online Event
Street: 161 Mission Falls Lane, Suite 216
Website or Map: http://www.trainhr.com
Event Type: global, human, resource, training, hr, and, development, compliance
Organized By: TrainHR
Latest Activity: Jan 13, 2016
Expense reimbursement fraud-encompassing the myriad forms of employee travel and entertainment (T&E) schemes as well as Purchasing Card (P-Card) fraud-cost organizations hundreds of thousands, if not millions of dollars per year.
According to the Association of Certified Fraud Examiners (ACFE), expense reimbursement frauds result in a median loss of $26,000 per incident and represent 14.5% of all employee fraud.
Why should you attend: In one case alone, a senior executive of a major multinational company stole $500,000 by abusing his expense account privileges. While this may not be typical of expense reimbursement fraud, it does illustrate how employees who have the opportunity to exploit weaknesses in your organization's expense reimbursement processes and procedures can do so.
Areas Covered in the Session:
Who Will Benefit:
NetZealous LLC, DBA TrainHR