Audio Conference/Webinars & Events: Online

Sponsored by Accounts Payable Now & Tomorrow, a Crystallus Inc. publication

Wednesday October 14, 2009 :

2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST)

ACH Fraud Prevention: It’s Everyone’s Problem

Getting money out of your organization’s bank account is now easier than ever. Just ask the growing number of fraudsters snatching cash from unsuspecting organizations across the country. Every company is at risk and businesses do not have the same fraud protections as individuals. If you don’t report the thefts within 24 hours, you'll probably end up eating the losses—which can be substantial. Those who think they are protected because they don’t make electronic payments or because they use positive pay are flat out wrong.

Avoiding electronic payments is not the answer. You are still at risk. This is the fastest-growing payment fraud. But you can protect your company if you take the right steps. Since payroll is one of the targets of ACH fraud you might want to invite your payroll manager to join you on October 14, 2009 for 60-fast paced minutes with our editorial director, Mary S. Schaeffer. By the end of the session you will be able to:

Identify the types of ACH payments;
Differentiate between three types of ACH payment fraud, including the two fastest growing types;
Navigate around limited legal protection from your bank;
Instruct your bank to use certain products to protect your company; and
Implement best payment process practices that affect ACH payments to protect your organization.

About our Expert: Mary Schaeffer, AP Now’s editorial director, is a nationally-recognized accounts payable expert. After a 15-year career in finance she began researching and writing newsletters for the accounts payable profession and consulting for companies of all sizes. In that capacity, for over a decade, she has logged so many hours writing, researching, and interacting with AP and finance professionals that she’s become the recognized authority in her field.

Ms. Schaeffer has an MBA in finance and is the author of over 15 business books including The CFO and Controllers’ Guide to Accounts Payable and the recently published Fraud in Accounts Payable: How to Prevent It, published by John Wiley & Sons. She is a frequent contributor to AICPA’s Corporate Finance Insider.

She is a frequent speaker both online and at seminars and conferences basing her recommendations both on personal experience and that of her consulting clients as well as conversations with hundreds of working professionals and regular practitioner surveys.

Earn while you learn with no costly travel expenses! CPE credits available to all program participants.

Crystallus Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.

Work experience in accounts payable, accounting or related field, or an introductory course in accounting is a prerequisite for these intermediate level programs. No advance preparation is needed. For more information regarding administrative policies such as refund, complaint and/or cancellation, please contact us at 302.836-0540. These one-hour group-Internet-based programs are eligible for on (1) CPE credits. To see our customer service policies, click here.

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