Accounts Receivable Frauds in 2026 (08-18-26)- A/V

CPE Credit: 2 hours

This course is designed to review the issue of accounts receivable 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 receivable fraud. We will review various methodologies for detecting accounts receivable fraud and will discuss developing internal controls to help prevent and detect accounts receivable fraud. 

Learning Objectives:

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

1. Identify key accounts receivable processes, fraud risk factors, and internal control weaknesses that can increase an organization’s exposure to accounts receivable fraud.

2. Distinguish among common accounts receivable fraud schemes, including fraudulent sales, receivable re-aging, receivable dumping, skimming, lapping, payment diversion, fraudulent write-offs, factoring fraud, and related payment schemes.

3. Analyze accounts receivable transactions, customer and employee behaviors, aging information, payment patterns, and other red flags to identify indicators of potential fraud.

4. Apply appropriate preventive and detective controls, data analytics, artificial intelligence tools, monitoring techniques, and COSO-based control activities to reduce and detect accounts receivable fraud risks, including emerging risks associated with digital payments, synthetic identities, and AI-enabled fraud.