Payroll Update - Fraud under COVID-19
Duration : 60 Minutes
Dayna J. Reum,
Dayna Reum ,CPP, FPC is currently the Director of Payroll Operations at Ann & Robert H. Lurie Children's Hospital of Chicago . She has been heavily involved in the payroll field over 18+ years. Starting as a payroll clerk at a small Tucson company, She moved on to be a Payroll Team Leader at H Read more
The importance of a company having accurate financial statements is critical, but during a world pandemic we can relax our guard against fraud. Payroll plays a hug part protecting a company's financial statements even during such world events.
These outside factors have impacted payroll departments such as working from home,spam emails appearing to be from leaders within an organization that is looking for confidential information to employee direct deposit changes that are not valid.
Unnecessary fraudulent transactions can cost companies and employee thousands of dollars each year and even more now.
Why Should You Attend:
Participant will gain tools to reduce or eliminate the chances of payroll fraud, understanding laws that can affect payroll fraud and how to handle them.
Will also review the Sarbanes Oxley 404 requirements for publicly traded companies and how they are intended to reduce payroll fraud.
Will review with participant current fraud trends that are targeting payroll departments and how to protect employee and company data. Discussion on how to keep confidential information confidential during such a crazy time in the world.
Course Outline:
• Payroll Fraud Statistic's-How big of a problem is it?
• How does payroll fraud occur? Internal and External Factors
• Preventing Payroll Fraud
• Internal Controls
• Tools (Process Maps, Business Continuity Plans, Process Documentation
• Audits
• Sarbanes-Oxley 404 Requirements
• Ethical Business Practices
• Learn about current fraudulent activity and how it is impacting companies
• Details around statistics of how often payroll fraud occurs
• Tools to have better processes and controls in place to prevent fraud
• To gain the legal rules around detecting and deferring payroll fraud.Will review tools that companies can use to make sure that fraud can be deterred or detected immediately
What You Get:
• Training Reference Materials
• Live Q&A with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Payroll Professionals
• Tax Professionals
• Accountants
• Controllers
• Payroll Professionals
• Compensation Professionals
• HR Professionals
• Benefit Professionals
• Any HR or Finance Team member with payroll responsibilities
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
100% MONEY BACK GUARANTEED
Refund / Cancellation policyGet In Touch
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