WEBINAR:
Building a Strong Internal Controls Framework for AP
Best Practices for Mitigating Fraud Risks, Ensuring Data Security, and Maintaining Accurate Financial Records
August 22nd, 2024
Presenter: Debra R. Richardson, AP Consultant, Trainer, Speaker
Accounts payable (AP) is a critical function that affects the financial health and reputation of any organization. However, AP also faces many unique challenges and risks, such as fraud, data security, and accuracy. In this webinar, you will learn how to build a strong internal controls framework for AP that can help you mitigate these risks and ensure the reliability and integrity of your financial records.
Learning Objectives:
- The key components and benefits of an internal control framework for AP
- The common types and indicators of fraud in AP and how to prevent and detect them (including deepfakes)
- Compliance requirements for data security in AP
- The common errors and inefficiencies in AP and how to eliminate them and improve your financial reporting
- The tools and techniques for monitoring and evaluating your AP performance and controls
DEBRA R RICHARDSON – Accounts Payable Consultant | Speaker | Trainer
Debra R. Richardson, MBA, CFE, APM, APPM, CPRS, is a distinguished expert in Accounts Payable and Vendor Setup & Maintenance. With over two decades of experience at leading Fortune 500 companies, she specializes in preventing fraud and enhancing vendor processes.
As a Certified Fraud Examiner, Debra has significantly contributed to both the private and public sectors in fraud prevention. She serves on the NACHA ACH Network Advisory Board, is an expert with the Institute of Finance and Management and holds the position of Chapter President for the Central Atlantic Region IOFM Chapter. Recognized as a Top 50 AP Influencer, her focus is on implementing effective authentication techniques, internal controls, best practices and validations to mitigate fraud, regulatory fines and bad vendor data.
