IOFM Spring Conference and Expo

May 19-21, 2024 |  Disney’s Yacht and Beach Club Resort  |  Lake Buena Vista, FL

Agenda Session

Luncheon Keynote | Fraud Risk Management: Protecting your Organization against AP and AR Fraud

May 21 2024

12:30 PM - 1:00 PM EST

Newport Ballroom

In this informative session on Fraud Risk Management, we will explore strategies and best practices for protecting your organization against Accounts Payable (AP) and Accounts Receivable (AR) fraud. With the increasing sophistication of fraudsters, it is crucial for businesses to stay one step ahead and implement robust measures to safeguard their financial processes.

During this session, we will delve into the common types of AP and AR fraud schemes that organizations face. We will discuss the red flags to watch out for and the key internal controls that can be implemented to mitigate these risks effectively.

Furthermore, we will explore the role of technology in fraud prevention, including the use of data analytics and automation tools to detect anomalies and suspicious activities. We will also address the importance of employee awareness and training in creating a strong anti-fraud culture within your organization.

By attending this session, you will gain valuable insights and practical strategies to enhance your organization’s fraud risk management framework. Join us to learn how to protect your organization against AP and AR fraud and safeguard your financial well-being.

Speakers

Berkadia

- SVP Chief Risk, Compliance & Information Security Officer

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