{"product_id":"fraud-in-accounts-payable-isbn-9780470260456","title":"Fraud in Accounts Payable","description":"\u003cb\u003ePraise for \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e\u003c\/b\u003e  \u003cp\u003e\"\u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e is an insightful book that takes an in-depth look at the three most frequently committed fraudulent cash disbursement schemes directly related to your accounts payable function. Mary provides colorful and poignant stories showing how easy it can be to steal from both within and outside an organization. But the real beauty of this book is that Mary illustrates ways you can immediately begin implementing effective and efficient controls to reduce the opportunities for fraud within your organization.\"\u003cbr\u003e —Matthew D. Storlie, CFE, Fraud \u0026amp; Forensic Services Virchow, Krause \u0026amp; Company, LLP\u003c\/p\u003e \u003cp\u003e\"Mary has delivered another book full of specific suggestions for improving accounts payable processes. \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e is an easy-to-read guide that identifies real-world problems and offers practical solutions. Her books and articles have quickly become some of my core resources.\"\u003cbr\u003e —Stephanie K. O'Cain, Chief Financial Officer Municipal Association of South Carolina\u003c\/p\u003e \u003cp\u003e\"Fraud could never take place in my accounts payable department.\"\u003c\/p\u003e \u003cp\u003e\"My employees would never steal from me! I trust them too much . . .\"\u003c\/p\u003e \u003cp\u003eSound familiar?\u003c\/p\u003e \u003cp\u003eThe definitive resource for every accounts payable department, \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e affords you a bird's-eye view of what's really going on in your accounts payable department and how you can defend it against every potential type of fraud, including check fraud, payroll fraud, and T\u0026amp;E fraud.\u003c\/p\u003e \u003cp\u003eWritten by Mary Schaeffer, America's most accomplished accounts payable expert, this thorough and highly readable guide is filled with authoritative tips, techniques, and advice on:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eUncovering hidden pockets of weakness where your organization is vulnerable\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eGetting rid of those bad practices that allow all sorts of frauds to flourish\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eSetting up antifraud safeguards\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eReminding us to \"never say never,\" \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e explains in plain English how to protect your accounts payable department so it becomes—and stays—financially healthy.\u003c\/p\u003e \u003cp\u003ePreface xvii\u003c\/p\u003e \u003cp\u003eAcknowledgments xxiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One: Where Accounts Payable Fraud Can Happen in Your Organization 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Profiles of Fraud in the Business World 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThree Big Myths 4\u003c\/p\u003e \u003cp\u003eFraud Statistics 4\u003c\/p\u003e \u003cp\u003eOccupational Fraud: It’s a Big Problem 5\u003c\/p\u003e \u003cp\u003eDefinitions and Frequency 5\u003c\/p\u003e \u003cp\u003eWho Gets Hit the Hardest? 6\u003c\/p\u003e \u003cp\u003eHow Fraud Is Detected 7\u003c\/p\u003e \u003cp\u003eWho Commits Occupational Fraud? 7\u003c\/p\u003e \u003cp\u003eTo Prosecute or Not 8\u003c\/p\u003e \u003cp\u003eIs Fraud an Equal Opportunity Crime? 9\u003c\/p\u003e \u003cp\u003eFraud in the Eyes of the Beholder 9\u003c\/p\u003e \u003cp\u003eEffect of Status of Fraudster 10\u003c\/p\u003e \u003cp\u003eBig Boss Issue 11\u003c\/p\u003e \u003cp\u003eWhy Do Insiders Steal? 11\u003c\/p\u003e \u003cp\u003eConditions that Permit Frauds to Occur 12\u003c\/p\u003e \u003cp\u003eWhy Aren’t More Fraudsters Prosecuted? 13\u003c\/p\u003e \u003cp\u003eFraud in the Real World 13\u003c\/p\u003e \u003cp\u003eConcluding Thoughts 14\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Check Fraud: Still a Huge Problem 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInternal Controls to Prevent Check Fraud by Insiders 17\u003c\/p\u003e \u003cp\u003eRecommended Controls 19\u003c\/p\u003e \u003cp\u003eWhat Else Can You Do? 20\u003c\/p\u003e \u003cp\u003eHow Bad Is the Check Fraud Problem? 20\u003c\/p\u003e \u003cp\u003eWhat Does the Law Say? 21\u003c\/p\u003e \u003cp\u003eImpact on Accounts Payable 22\u003c\/p\u003e \u003cp\u003eWhat Should You Do? 22\u003c\/p\u003e \u003cp\u003ePositive Pay and Its Cousins 23\u003c\/p\u003e \u003cp\u003eInternal Controls, Segregation of Duties, and Positive Pay Exceptions 25\u003c\/p\u003e \u003cp\u003eInternal Controls and Paper Checks 26\u003c\/p\u003e \u003cp\u003eWhat Can Go Wrong 26\u003c\/p\u003e \u003cp\u003eConsequences of Poor Internal Check Production Processes 27\u003c\/p\u003e \u003cp\u003eThe Right Way 27\u003c\/p\u003e \u003cp\u003eThe Best Way 29\u003c\/p\u003e \u003cp\u003eQuestions that Reveal Your Internal Check Controls 29\u003c\/p\u003e \u003cp\u003eBest Check-Handling Practices between Printing and Mailing 30\u003c\/p\u003e \u003cp\u003eMailing Checks 30\u003c\/p\u003e \u003cp\u003eFrom Printing to Mailing: Do You Know Where Your Checks Are? 31\u003c\/p\u003e \u003cp\u003eWhen the Checks Are Signed and Returned 33\u003c\/p\u003e \u003cp\u003eWire Transfers 34\u003c\/p\u003e \u003cp\u003eRebate and Refund Checks 34\u003c\/p\u003e \u003cp\u003eRush Checks 34\u003c\/p\u003e \u003cp\u003eWhy Returning Checks to Requisitioners Can Be a Problem 35\u003c\/p\u003e \u003cp\u003eHow Companies Handle Check Return Requests by Requisitioners 36\u003c\/p\u003e \u003cp\u003eFraud in the Real World 38\u003c\/p\u003e \u003cp\u003eConcluding Thoughts 41\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 Check Stock: Stop the Fraudsters’ Presses 43\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSecurity Features in Your Check Stock 43\u003c\/p\u003e \u003cp\u003eWhat Else? 45\u003c\/p\u003e \u003cp\u003eSome Check Fraud Security Features 45\u003c\/p\u003e \u003cp\u003eA Word about Void Pantographs 49\u003c\/p\u003e \u003cp\u003eVoid Pantographs and Positive Pay 49\u003c\/p\u003e \u003cp\u003eFraud in the Real World 50\u003c\/p\u003e \u003cp\u003eConcluding Thoughts 50\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 P-Card: Not as Big an Issue as You Might Think 51\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePrinting of the Invoice 51\u003c\/p\u003e \u003cp\u003eStart Off on the Right Foot 52\u003c\/p\u003e \u003cp\u003ePolicy and Procedures Manual 52\u003c\/p\u003e \u003cp\u003eSpell Out Consequences 53\u003c\/p\u003e \u003cp\u003eRequire Documentation 54\u003c\/p\u003e \u003cp\u003eDon’t Overlook Receipts 54\u003c\/p\u003e \u003cp\u003eRole of a Program Administrator in Fraud Prevention 55\u003c\/p\u003e \u003cp\u003eApprovals and Compliance 55\u003c\/p\u003e \u003cp\u003eRole of Limits with Respect to Fraud 56\u003c\/p\u003e \u003cp\u003eTrain, Train, and Then Train Again 56\u003c\/p\u003e \u003cp\u003eWhat About Inappropriate Use? 57\u003c\/p\u003e \u003cp\u003eFraud in the Real World 58\u003c\/p\u003e \u003cp\u003eClosing Thoughts 59\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Electronic Payment Fraud: Not a Growth Industry—Yet! 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eACH Blocks 61\u003c\/p\u003e \u003cp\u003eACH Filters 62\u003c\/p\u003e \u003cp\u003eACH Positive Pay 63\u003c\/p\u003e \u003cp\u003ePayment Account Data: Is It Accurate? 63\u003c\/p\u003e \u003cp\u003eAch Data Accuracy: Real-Life Solutions to a Very Practical Problem 65\u003c\/p\u003e \u003cp\u003eCPA’s Perspective 68\u003c\/p\u003e \u003cp\u003eFraud in the Real World 70\u003c\/p\u003e \u003cp\u003eClosing Thoughts 70\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Desktop Fraud: Few Think About This—But Everyone Should 71\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eExample 71\u003c\/p\u003e \u003cp\u003eOverview 72\u003c\/p\u003e \u003cp\u003eIssues 73\u003c\/p\u003e \u003cp\u003eRecommendation 74\u003c\/p\u003e \u003cp\u003eLovallo’s Guidelines 74\u003c\/p\u003e \u003cp\u003eBringing It All Together 76\u003c\/p\u003e \u003cp\u003eFraud in the Real World 77\u003c\/p\u003e \u003cp\u003eConcluding Thoughts 78\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Travel and Entertainment Fraud: Not All Your Employees Are Honest 79\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Book that Teaches Your Employees How to Steal 80\u003c\/p\u003e \u003cp\u003eDanger Signs 80\u003c\/p\u003e \u003cp\u003eOther T\u0026amp;E Scams 81\u003c\/p\u003e \u003cp\u003eDrawing a Line 82\u003c\/p\u003e \u003cp\u003eLatest T\u0026amp;E Issue: Verifying Boarding Passes Printed at Home 82\u003c\/p\u003e \u003cp\u003eSolutions to the Boarding Pass Issue 83\u003c\/p\u003e \u003cp\u003eT\u0026amp;E Fraud Prevention Best Practices 84\u003c\/p\u003e \u003cp\u003eDetecting Expense Reimbursement Fraud 85\u003c\/p\u003e \u003cp\u003eUniform Enforcement of the T\u0026amp;E Policy 86\u003c\/p\u003e \u003cp\u003eWhat to Do When Expense Reimbursement Fraud Is Detected 86\u003c\/p\u003e \u003cp\u003eLast-Ditch Collection Efforts 87\u003c\/p\u003e \u003cp\u003eFraud in the Real World 88\u003c\/p\u003e \u003cp\u003eClosing Thoughts 90\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Petty Cash Fraud: Petty Indeed 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePetty Cash Awful Practices 93\u003c\/p\u003e \u003cp\u003eHow Much Money Should the Box Have? 94\u003c\/p\u003e \u003cp\u003ePetty Cash Box 95\u003c\/p\u003e \u003cp\u003eSurprise Audits 96\u003c\/p\u003e \u003cp\u003eWhere Does Responsibility for the Box Lie? 96\u003c\/p\u003e \u003cp\u003eDo We Still Need Petty Cash? 97\u003c\/p\u003e \u003cp\u003eReceipt Review 97\u003c\/p\u003e \u003cp\u003ePetty Cash versus T\u0026amp;E 98\u003c\/p\u003e \u003cp\u003eFraud in the Real World 98\u003c\/p\u003e \u003cp\u003eConcluding Thoughts 99\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Vendor and Invoice Fraud: Not Every Invoice (Or Vendor!) Is Legit 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFraudulent Invoices—or Not 102\u003c\/p\u003e \u003cp\u003eSolicitations that Look Like Invoices 102\u003c\/p\u003e \u003cp\u003eOther Common Invoice Frauds 103\u003c\/p\u003e \u003cp\u003eFraud and Poor Payment Practices 104\u003c\/p\u003e \u003cp\u003eA Word about Collusion 106\u003c\/p\u003e \u003cp\u003eBrief Commentary on Purchasing 106\u003c\/p\u003e \u003cp\u003eUp-Front Vendor Verification 107\u003c\/p\u003e \u003cp\u003eControl Challenge in Real Life 107\u003c\/p\u003e \u003cp\u003eAdvice from the Better Business Bureau 111\u003c\/p\u003e \u003cp\u003eFraud in the Real World 112\u003c\/p\u003e \u003cp\u003eConcluding Thoughts 113\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 Master Vendor File Fraud: How Employees Play Games with Your Records 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSome Really Bad Master Vendor File Practices 116\u003c\/p\u003e \u003cp\u003eMaster Vendor File Reports 116\u003c\/p\u003e \u003cp\u003eCoding Standards Prevent Fraud 117\u003c\/p\u003e \u003cp\u003eCleansing the Master Vendor File 118\u003c\/p\u003e \u003cp\u003eWho Has Responsibility for the Master Vendor File 119\u003c\/p\u003e \u003cp\u003eA New System 120\u003c\/p\u003e \u003cp\u003eMaster Vendor File and Your Employees 121\u003c\/p\u003e \u003cp\u003eFraud in the Real World 121\u003c\/p\u003e \u003cp\u003eClosing Thoughts 122\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11 Payroll Fraud: Ghostbusting and More 123\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePhantom Employees 123\u003c\/p\u003e \u003cp\u003eWhat You Can Do to Detect and Prevent Ghost Employees 124\u003c\/p\u003e \u003cp\u003eFalsified Hours and\/or Salary 125\u003c\/p\u003e \u003cp\u003eWhat You Can Do to Detect and Prevent Employees from Falsifying Data 126\u003c\/p\u003e \u003cp\u003eCommission Schemes 127\u003c\/p\u003e \u003cp\u003eFalse Workers’ Compensation Claims 128\u003c\/p\u003e \u003cp\u003eSome Overall Prevention Tactics 129\u003c\/p\u003e \u003cp\u003eFraud in the Real World 130\u003c\/p\u003e \u003cp\u003eConcluding Thoughts 131\u003c\/p\u003e \u003cp\u003e\u003cb\u003e12 Telecom Fraud: Yes, It Can Happen to You 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTypes of Phone Fraud 133\u003c\/p\u003e \u003cp\u003eNuisance Fraud 134\u003c\/p\u003e \u003cp\u003eExamples of Cramming 134\u003c\/p\u003e \u003cp\u003eGetting Refunds and Combating Cramming 135\u003c\/p\u003e \u003cp\u003eSlamming 136\u003c\/p\u003e \u003cp\u003ePhone System and Voice Mail Fraud 137\u003c\/p\u003e \u003cp\u003eSocial Engineering Fraud 138\u003c\/p\u003e \u003cp\u003eCall Forwarding\/Conferencing Problems 139\u003c\/p\u003e \u003cp\u003eVOIP Fraud 140\u003c\/p\u003e \u003cp\u003eFraud in the Real World 141\u003c\/p\u003e \u003cp\u003eConcluding Thoughts 142\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two: Strategies to Deter, Prevent, And Detect All Sorts of Accounts Payable Fraud 143\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e13 Best Practices—Not: Tactics that Unintentionally Promote Fraud 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eClosing Thoughts 147\u003c\/p\u003e \u003cp\u003e\u003cb\u003e14 Fraud Monitoring Reports: A Necessary Evil 149\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAutomated Monitoring 149\u003c\/p\u003e \u003cp\u003eHow Anyone Can Run Reports 150\u003c\/p\u003e \u003cp\u003eA Word about More Sophisticated Monitoring 150\u003c\/p\u003e \u003cp\u003eHow Much Checking Is Enough? 151\u003c\/p\u003e \u003cp\u003eThe Big Report Everyone Should Run 152\u003c\/p\u003e \u003cp\u003eThe Easy Report 152\u003c\/p\u003e \u003cp\u003eOther Fraud Detection Reports 153\u003c\/p\u003e \u003cp\u003eThe ACT List 159\u003c\/p\u003e \u003cp\u003eClosing Thoughts 160\u003c\/p\u003e \u003cp\u003e\u003cb\u003e15 Fraud Detection and Prevention: Simple Tactics You Can Use 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2006 Report to the Nation Fraud Detection 161\u003c\/p\u003e \u003cp\u003ePricewaterhouseCoopers 2007 Global Economic Crime Survey Fraud Detection 162\u003c\/p\u003e \u003cp\u003eAnonymous Hotlines 162\u003c\/p\u003e \u003cp\u003eWhat Companies Can Do to Prevent Fraud 163\u003c\/p\u003e \u003cp\u003eSimple Tactics to Make Sure No One Robs the Till on Your Watch 163\u003c\/p\u003e \u003cp\u003eFraud in the Real World 166\u003c\/p\u003e \u003cp\u003eClosing Thoughts 167\u003c\/p\u003e \u003cp\u003e\u003cb\u003e16 Sarbanes-Oxley 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSarbanes-Oxley 169\u003c\/p\u003e \u003cp\u003eOverview of the Act 170\u003c\/p\u003e \u003cp\u003eSarbanes-Oxley Survey 170\u003c\/p\u003e \u003cp\u003eImpact of the Act on Accounts Payable Operations 171\u003c\/p\u003e \u003cp\u003eOutside Influences 172\u003c\/p\u003e \u003cp\u003eFunctions Improved 172\u003c\/p\u003e \u003cp\u003eT\u0026amp;E Reimbursement and Review Processes 173\u003c\/p\u003e \u003cp\u003eInternal Audit Reviews 173\u003c\/p\u003e \u003cp\u003eBackup for Check Requests 174\u003c\/p\u003e \u003cp\u003eRecords Retention Policy 174\u003c\/p\u003e \u003cp\u003e1099 Reporting 174\u003c\/p\u003e \u003cp\u003eInvoices 175\u003c\/p\u003e \u003cp\u003eMaster Vendor File 176\u003c\/p\u003e \u003cp\u003eOther Regulatory Concerns 176\u003c\/p\u003e \u003cp\u003eUsing the Act to Enforce Needed Change 176\u003c\/p\u003e \u003cp\u003eThe Act and Its Effects on Private Companies 177\u003c\/p\u003e \u003cp\u003eWhistle-Blower Protections 178\u003c\/p\u003e \u003cp\u003eThe Anonymous Hotline 178\u003c\/p\u003e \u003cp\u003eConcluding Thoughts 179\u003c\/p\u003e \u003cp\u003eAppendix A: Fraud Schemes: Physical and Virtual Checks 181\u003c\/p\u003e \u003cp\u003eAppendix B: 2007 Top Frauds 183\u003c\/p\u003e \u003cp\u003eAppendix C: Segregation of Duties 185\u003c\/p\u003e \u003cp\u003eAppendix D: The Sarbanes-Oxley Act of 2002 Titles 187\u003c\/p\u003e \u003cp\u003eResources 191\u003c\/p\u003e \u003cp\u003eIndex 195\u003c\/p\u003e \"The author has significant experience in this area and offers compelling best practices to detect and prevent fraud from occurring within your organization. This book goes a long way to get your organization thinking and acting to detect and prevent fraud.\" (\u003ci\u003eAuditnet.org\u003c\/i\u003e, October 2008)  \u003cb\u003eMary S. Schaeffer\u003c\/b\u003e is a nationally recognized accounts payable expert. She is the founder and Editorial Director of \u003ci\u003eAccounts Payable Now \u0026amp; Tomorrow\u003c\/i\u003e, a newsletter for professionals interested in payment issues. She is the author of twelve books and has written hundreds of articles that have appeared in publications such as the \u003ci\u003eNew York Times\u003c\/i\u003e, \u003ci\u003eCorporate Cashflow\u003c\/i\u003e, \u003ci\u003eTreasury \u0026amp; Risk\u003c\/i\u003e, \u003ci\u003eBusiness Credit\u003c\/i\u003e, the \u003ci\u003eWriter\u003c\/i\u003e, \u003ci\u003eNewsday\u003c\/i\u003e, and newsweek.com. She has an MBA in finance and is a member of the New York Financial Writers' Association. She is a regular contributor to AICPA's \u003ci\u003eCorporate Finance Insider\u003c\/i\u003e publication.  \"Fraud and murder have a lot in common. If you've seen even a few detective shows or movies, you know there are three factors for identifying the murderer: means, motive, and opportunity. Alas, the same is true for fraud.\"\u003cbr\u003e â??From \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e  \u003cp\u003eIt's an undeniable fact of corporate lifeâ??fraud happensâ??and it is particularly likely to take place in accounts payable because of this department's easy access to the organization's money. \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e is written with a two-fold goalâ??to make fraud so difficult within an organization that potential perpetrators give up and take their efforts elsewhere and to provide auditors, controllers, managers, and executives with the best practice tools to detect fraud and get it out of their organizations.\u003c\/p\u003e \u003cp\u003eA realistic and unflinching look at corporate fraud, this practical guide pulls the curtain back on fraud in accounts payable, revealing that every organization is vulnerable to it, as well as the appropriate steps professionals can take to both detect and prevent it. Myths such as \"fraud could never happen to my business\" or \"I trust my employeesâ??they would never steal from me\" are confronted and dissolved with coverage of:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eOccupational fraud\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eInternal controls and paper checks\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eCheck fraud: still a huge problem\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eElectronic payment fraud\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003ePetty cash fraud\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eVendor and invoice fraud\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003ePayroll fraud\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eTelecom fraud\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eNo organization can afford to take the issue of fraud lightly. This is required reading for every professional, whether their organization is a small business or a large corporation. \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e will help organizations know the appropriate steps to both detect fraud and prevent it in the accounts payable departmentâ??before it eats away at the bottom line.\u003c\/p\u003e  \u003cb\u003ePraise for \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e\u003c\/b\u003e  \u003cp\u003e\"\u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e is an insightful book that takes an in-depth look at the three most frequently committed fraudulent cash disbursement schemes directly related to your accounts payable function. Mary provides colorful and poignant stories showing how easy it can be to steal from both within and outside an organization. But the real beauty of this book is that Mary illustrates ways you can immediately begin implementing effective and efficient controls to reduce the opportunities for fraud within your organization.\"\u003cbr\u003e \u003cb\u003eâ??Matthew D. Storlie, CFE, Fraud \u0026amp; Forensic Services Virchow, Krause \u0026amp; Company, LLP\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"Mary has delivered another book full of specific suggestions for improving accounts payable processes. \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e is an easy-to-read guide that identifies real-world problems and offers practical solutions. Her books and articles have quickly become some of my core resources.\"\u003cbr\u003e \u003cb\u003eâ??Stephanie K. O'Cain, Chief Financial Officer Municipal Association of South Carolina\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e\"Fraud could never take place in my accounts payable department.\"\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e\"My employees would never steal from me! I trust them too much . . .\"\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSound familiar?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe definitive resource for every accounts payable department, \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e affords you a bird's-eye view of what's really going on in your accounts payable department and how you can defend it against every potential type of fraud, including check fraud, payroll fraud, and T\u0026amp;E fraud.\u003c\/p\u003e \u003cp\u003eWritten by Mary Schaeffer, America's most accomplished accounts payable expert, this thorough and highly readable guide is filled with authoritative tips, techniques, and advice on:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eUncovering hidden pockets of weakness where your organization is vulnerable\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eGetting rid of those bad practices that allow all sorts of frauds to flourish\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eSetting up antifraud safeguards\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eReminding us to \"never say never,\" \u003ci\u003eFraud in Accounts Payable\u003c\/i\u003e explains in plain English how to protect your accounts payable department so it becomesâ??and staysâ??financially healthy.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989242691813,"sku":"NP9780470260456","price":70.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470260456.jpg?v=1761783347","url":"https:\/\/k12savings.com\/es\/products\/fraud-in-accounts-payable-isbn-9780470260456","provider":"K12savings","version":"1.0","type":"link"}