Category: Accounting Risk Management

3 Types of Wire Fraud to Look Out For to Keep Your AP Fraud-Free

March is Fraud Prevention Month. Around the globe in countries including the United States, Australia, and Japan, people are coming together to educate and prevent both personal and business fraud. Below are three types of fraud to keep an eye out for in 2016. 1)¬†Executive Expense Although it exists in many forms, one type of…

Accounts Payable Frauds: Are Fake Invoices Slipping Through Your AP Cracks?

We need to ask the hard questions about accounts payable frauds: How many fake invoices does your company process through your payables? How many of those false bills actually get paid? What kind of accounts payable fraud detection system do you have in place to prevent this kind of thing from EVER happening? And, where…