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New Book Reveals Just How Easy It is for Crooks to Steal from Your Organization – and Shows You How to Prevent It
Fraud in Accounts Payable: How to Prevent It (John Wiley & Sons; September 2008;) shows organizations of all sizes what they need to do to prevent payment fraud of all sorts in their organizations along with strategies for identifying it once it has occurred.
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September 6, 2008 (FPRC) -- Newark DE— Although no one likes to admit this could happen in their organization, fraud will occur in virtually every organization at some time or another. In a survey conducted specifically for this new book, an eye-popping 87% of the readers of Accounts Payable Now & Tomorrow (www.ap-now.com) indicated they had experienced fraud in their operations in the last 10 years. This eye-popping statistic is confirmed by a second study. In a recent PriceWaterhouseCooper survey very high level executives were asked about fraud. A startling 43% said they had experienced a significant fraud in their operations in the last three years.
This is an issue no organization can afford to ignore, says Mary Schaeffer, author of the newly-published Fraud in Accounts Payable and editorial director for the respected newsletter, Accounts Payable Now & Tomorrow. It is the elephant-in-the-room issue for companies of all sizes, she notes. It addresses all sorts of payment fraud issues including some not typically addressed in books on fraud. These include Telecom fraud, spreadsheet fraud and fraud using the master vendor file. In addition the topics of check fraud, p-card fraud, e-payment fraud, travel and entertainment fraud, vendor fraud, employee fraud, invoice fraud and petty cash fraud are dissected.
The book is filled with statistics that will make your hair stand up, over 50 real life examples of fraud that occurred in various accounts payable functions along with best practice advice on how to prevent, deter and detect fraud in the accounts payable operations of any organization.
Review copies are available. The author is available for interviews and can arrange for short excerpts for publication. Mary Schaeffer can be reached at 302 836 0540 or by email at marys@ap-now.com
About Mary S. Schaeffer: Mary S. Schaeffer, a nationally recognized accounts payable expert, is the author of 16 books, primarily published by John Wiley & Sons and the editorial director of Accounts Payable Now & Tomorrow, a well-regarded payments issue newsletter published by CRYSTALLUS, Inc. Ms. Schaeffer directs the firms growing consulting practice. She is also a regular contributor to the AICPA’s Corporate Finance Insider. For additional information about Ms. Schaeffer please refer to http://www.ap-now.com/expertise.html
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Contact: Mary Schaeffer
marys@ap-now.com
302 836 0540
Title: Fraud in Accounts Payable: How to Prevent It
Author: Mary S. Schaeffer
ISBN: 0471221007
Pub. Date September 09, 2008
Price: $49 (hard cover)
Pages: 200
Send an email to Mary Schaeffer of Accounts Payable Now & Tomorrow
302 836 0540
Keywords:
Accounts payable, fraud, fraud book
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