Accounts Payable Frauds in 2026 (08-25-26)- A/V

CPE Credit: 2 hours

This course is designed to review the issue of accounts payable frauds. Examples of actual frauds will be provided so participants can understand how the frauds are being committed and how they were uncovered. We will discuss various statistics showing the prevalence of accounts payable fraud. We will review various methodologies for detecting accounts payable fraud and will discuss developing internal controls to help prevent and detect accounts payable fraud. 

Learning Objectives:

Upon successful completion of this course, participants will be able to:

1. Identify common accounts payable fraud schemes and behavioral red flags associated with fraudulent disbursements, vendor relationships, duplicate invoices, shell companies, kickbacks, expense reimbursements, and payment manipulation.

2. Recognize emerging accounts payable fraud risks involving artificial intelligence, business email compromise, deepfakes, vendor impersonation, synthetic identities, payment applications, account takeovers, and other digital payment methods.

3. Apply accounts payable fraud-detection techniques, including vendor and invoice review, duplicate-payment analysis, behavioral and data analytics, ratio analysis, anomaly identification, and Benford’s Law.

4. Determine appropriate internal controls for reducing accounts payable fraud risk, including segregation of duties, vendor verification and onboarding controls, payment authorization procedures, cybersecurity safeguards, management review, fraud reporting mechanisms, and continuous monitoring.