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Payroll Related Fraud- How to Avoid Having your Own Employees Rip you Off

June 13, 2023
10:00 AM PDT | 01:00 PM EDT
90 Minutes
Webinar Id:
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Live Version

$149. One Participant
$299. Group Attendees

Recorded Version

$199. One Participant
$399. Group Attendees

Combo Offers

Live + Recorded
$299 $348   One Participant

Live + Recorded
$599 $698   Group Attendees

Group Attendees: Any number of participants

Recorded Version: Unlimited viewing for 6 months ( Access information will be emailed 24 hours after the completion of live webinar)


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1-hour educational program = 1 PDC.
1-hour and 15 minute concurrent conference session = 1.25 PDCs.
3-hour e-learning course = 3 PDCs.

Day-to-day payroll operations take up the majority of time for most payroll/hr staff. There is not always enough time to reconcile and review the financial data arising from day-to-day activities. Therefore fraud can go undetected for months, even years.

So what can the average small to medium-sized business do to prevent and detect fraud? Even if you are a sophisticated large employer - your systems can still be vulnerable. The remedy starts with asking yourself the right questions:
  • How widespread is payroll fraud in the employer community? How much can it cost a company?
  • Who is most likely to perpetrate payroll fraud against the company?
  • What are the various schemes used in payroll fraud?
  • How do I prevent these schemes from succeeding?
  • How do I detect fraud early?
  • How does reconciliation play a part if fraud prevention?
  • What are internal controls over payroll operations that, if properly developed and followed, can protect us against this threat?

Why you should Attend: So attend this highly informative and important webinar. A thorough review of your operations and systems for fraud will solve the following problems:
  • Exposing current employees who may be perpetrating fraud against you
  • Identifying weaknesses in your systems and operations that should be fixed sooner rather than later
  • Providing a blueprint to tighten your systems and processes to close vulnerability windows
  • Professional growth - knowledge about detecting and preventing fraud is valuable to any employer, anywhere

Areas Covered in the Session:
  • DEFINITION AND STATISTICS - we will summarize what payroll fraud is, and present eye-opening statistics as to the danger it presents. This includes recent cases where payroll fraud was discovered and prosecuted
  • 5 CATEGORIES OF PAYROLL RELATED FRAUD - General processes that are vulnerable to employee and employer exploitation
  • SPECIFIC SCHEMES - HOW TO PREVENT/DETECT - Specific schemes perpetrated time and time again. These summarize decades of fraud prevention reviews and audits. These are presented as a roadmap for your business to analyze fraud being perpetrated by your employees or owners
  • RECONCILIATION BASICS - An oft-overlooked benefit of regular reconciliation is that it can detect fraud early. We will discuss the basics of payroll reconciliation
  • GENERAL INTERNAL CONTROLS OVER PAYROLL - The "meat and potatoes" of fraud prevention lie in internal controls. Your speaker will share his vast experience in evaluating internal controls over payroll operations and systems. You don’t need an internal audit dept to follow the guidelines outlined in this section. Just examine what you do and how you do it - it will tell you a lot
  • PAYROLL FRAUD INTERNAL CONTROLS - These are internal controls specifically designed to catch and prevent fraudulent activity
  • IT RELATED CONTROLS - These are internal controls over payroll IT systems, from professionals in the field

Who Will Benefit:
  • Payroll and HR Managers and Staff
  • Compensation and Hiring Staff
  • Finance and Operational managers
  • Executive Staff
  • Auditors and Reviewers

Mark Schwartz is an employment tax specialist and has over 15 years of employment tax experience as an independent consultant and as a payroll tax auditor with the State of California. He has managed an audit caseload of 20 ongoing audits, from small home-based businesses to large multi-national corporations. He is expert at defining regulatory and statutory requirements from local, State and Federal government agencies; and helping the average businessperson understand what that means to their business. He has processed weekly and bi-weekly payroll checks plus tax forms for businesses with hourly as well as exempt workers, multistate operations and a wide variety of benefits.

Mr.Schwartz provides consulting services encompassing payroll processing and payroll tax issues. These include payroll tax minimization, payroll tax compliance reviews, independent contractor studies, use of electronic transfers, deductions, benefits, etc. Mark has represented both clients and the State in front of the State Appeals Board. He understands the complexities of local wage laws, unemployment and disability claims, and other wage and benefit issues affecting your employees.

Mark prides himself on his outstanding customer service skills. He listens attentively to his clientele, helping them bridge the gap between the small business world and Government bureaucracy. He eagerly assists with clients needs and feels that educating clients toward faster, accurate and more complete payroll processes provide the most value.

Mark is a participating member of the American Payroll Association. He earned his BA and MBA in Finance at Santa Clara University. He has held Certified Internal Auditor and Certified Investment and Derivatives Auditor Credentials. Mark is currently pursuing a Certified Payroll Fundamentals Credential with the American Payroll Association.

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