Employee Travel and Expense Reimbursement Schemes: Detection and Prevention

03:00 PM ET | 12:00 PM PT | 02:00 PM CT Duration 90 Minutes

Webinar Includes : All the training handouts , certificate ,Q/A and 90 mins Live Webinar

"Peter is the author of Fraud in the Markets: Why it Happens and How to Fight It, published by John Wiley & Sons, as well as four other anti-fraud books"

Identify the red flags of possible reimbursement fraud


Expense reimbursement fraud—encompassing the myriad forms of employee travel and entertainment (T&E) schemes as well as Purchasing Card (P-Card) fraud—costs organizations hundreds of thousands, if not millions of dollars per year

According to the Association of Certified Fraud Examiners (ACFE), expense reimbursement frauds result in a median loss of $26,000 per incident and represent 14.5% of all employee fraud.

While many of these schemes are considered “immaterial”—such as claiming reimbursement for a personal meal ... charging a pay-per-view movie to a business-related hotel bill ... or inflating the cost of a taxi ride—management should not underestimate the cumulative cost of these thefts.

This webinar will summarize the main types of reimbursement fraud to be alert to, including several “real life” case studies. It will then explain how to identify the red flags of possible reimbursement fraud, offer specific fraud-audit techniques and test for these crimes and conclude with a rundown of proven anti-fraud controls.

Learning Objectives

Participants will be able to:
•       Understand the many types of travel, entertainment and internal procurement frauds
•       Implement effective expense reimbursement fraud detection techniques and build audit practices to detect red          flags of these crimes
•       Implement best-practice Anti-Fraud Control strategies for expense reimbursement fraud

Areas Covered

Partial Course Agenda


•       Statistical overview of the fraud problem generally, and T&E fraud specifically
•       Who commits fraud
•       Why employees commit fraud (The Fraud Triangle)
•       Lessons from T&E fraudsters


•       Falsifying T&E reimbursement schemes w/ bogus receipts
•       Submitting T&E claims multiple times
•       Abuse of corporate/P-card for personal gain
•       Claiming for expenses just under the limit requiring approval
•       Purchasing more than needed (e.g. office supplies)
•       Exploiting AP/Disbursements control weaknesses
•       P-Card fraud


•       Specific red flags of each of the common expense reimbursement frauds
•       The Fraud Risk Mitigation Cycle
•       Implementing an organization-wide system for detecting, preventing and investigating fraud


•       How T&E Frauds Are Most Often Detected
•       Additional General Detection Methods
•       Data Mining/Analytics for fraud detection
•       Examples of Fraud Audit Techniques at Work


•       Internal Controls and Other T&E Fraud Prevention Measures:
•       Who Should Manage Anti Fraud Activities
•       Internal Controls: Do’s and Don’t’s
•       General controls: Segregation of Duties, Delegation of Authority, Background Investigation
•       Specific Expense reimbursement controls and deterrents.

Who will Benefit

•       Internal and external audit professionals
•       Accounting and audit practitioners
•       HR managers
•       Senior financial management seeking to reduce their vulnerability to costly frauds
•       Payables specialists
•       Procurement managers
•       Compliance and ethics managers
•       CFO’s/senior financial managers
•       Security personnel

Industries who can attend

This 90 minute online course is intended for professionals in the Banking and finance Industry

Speaker Profile

Peter Goldmann

Peter Goldmann is President of FraudAware LLC, leaders in customized anti-fraud training — online and on-site — for organizations of all kinds.

Peter is the author of Fraud in the Markets: Why it Happens and How to Fight It, published by John Wiley & Sons, as well as four other anti-fraud books.

Peter also developed FraudAware, the leading fraud and ethics awareness training program. A user-friendly learning tool, FraudAware uses workshop, Webinar and E-Learning formats to educate employees and managers at all levels in how to detect, prevent and report incidents of fraud or suspicious conduct.

FraudAware courses, which are customized for individual corporate, non-profit and government agency clients, reinforces organizations’ whistleblowing programs by enabling employees to detect fraudulent activity that can then be reported to supervisors or managers or by using the organization’s confidential hotline in accordance with established policy.

In addition, Peter has conducted numerous on-site fraud detection and prevention workshops and webinars for internal auditors, attorneys, HR executives and compliance officers at Fortune 500 companies and large not-for-profit organizations. He has also been a guest lecturer for college accounting and auditing courses.

He is also the developer of a series of fraud detection and prevention Webinars co-presented with AuditNet.org. These Webinars cover auditing for accounts payable fraud, auditors’ responsibility for detecting and preventing fraud, auditing for financial statement fraud, and others.

Peter has 25 years of experience as a business journalist and trainer, having launched, edited and published numerous business trade periodicals covering small business, internationa

Back to Top