Payroll Fraud and Current Trends

Duration 60 Mins
Level Intermediate
Webinar ID IQW21G0720

  • Payroll Fraud Statistic's-How big of a problem is it
  • How does payroll fraud occur? Internal and External Factors
  • Preventing Payroll Fraud
  • Internal Controls
  • Tools - Process Maps, Business Continuity Plans, Process Documentation
  • Audits
  • Sarbanes-Oxley 404 Requirements
  • Ethical Business Practices
  • Learn about current fraudulent activity and how it is impacting companies
  • Details around statistics of how often payroll fraud occurs
  • Tools to have better processes and controls in place to prevent fraud

To gain the legal rules around detecting and deferring payroll fraud. Will review tools that companies can use to make sure that fraud can be deterred or detected immediately.

Overview of the webinar

Participant will gain tools to reduce or eliminate the chances of payroll fraud, understanding laws that can affect payroll fraud and how to handle them. We Will also review the Sarbanes Oxley 404 requirements for publicly traded companies and how they are intended to reduce payroll fraud.  Will review with participant current fraud trends that are targeting payroll departments and how to protect employee and company data. Discussion on how to keep confidential information confidential during such a crazy time in the world.

Who should attend?

  • Payroll Professionals
  • Tax Professionals
  • Accountants
  • Controllers

Why should you attend?

The importance of a company having accurate financial statements is critical, but during a world pandemic, we can relax our guard against fraud.  Payroll plays a huge part in protecting a company’s financial statements even during such world events. These outside factors have impacted payroll departments such as working from home, spam emails appearing to be from leaders within an organization that is looking for confidential information to employee direct deposit changes that are not valid. Unnecessary fraudulent transactions can cost companies and employees thousands of dollars each year and even more now.

Faculty - Ms.Dayna J. Reum

Dayna is currently the Senior Director of Payroll & HRIS at Ann and Robert H. Lurie Children’s Hospital of Chicago.  Dayna has been heavily involved in the payroll field for over 20 years.  Starting as a payroll clerk at a small Tucson company.   Dayna moved on to be a Payroll Team Leader at Honeywell Inc.  During Dayna’s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association.  She also received several merit awards including Customer Service and Acquisitions and Divestitures. Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference.  Topics include Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, and International and Canadian payroll.   Dayna has her CPP (Certified Payroll Professional) through the APA.  Dayna has also assisted in the CPP preparation classes for the Chicago APA Chapter.  She has served on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee).  Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA.  Besides her payroll accomplishments, Dayna is certified in HR hiring and firing practices and is a Six Sigma Greenbelt.

Credits

ComplianceIQ is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org

8-11-2021 - Payroll Fraud and Current Trends.pdf
8-11-2021 - Payroll Fraud and Current Trends (1).pdf

100% MONEY BACK GUARANTEED

Refund / Cancellation policy
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