Master red-flag detection & fraud controls to safeguard payroll processing. Uncover ghost employees, fake timesheets & payment diversion schemes with AI-powered automated controls.
Payroll fraud is among the most common and expensive types of occupational fraud worldwide. According to the Association of Certified Fraud Examiners (ACFE), organizations lose approximately 5% of their revenue to fraud annually, with payroll schemes accounting for roughly 10 to15% of occupational fraud cases globally. These schemes typically last a long time—often 18 months before detection—and can cause significant losses (25% of payroll fraud cases cost more than $250,000 each).
This comprehensive course equips finance professionals with essential skills to detect, prevent, and combat payroll fraud. You'll master the critical aspects of payroll fraud prevention through practical, real-world scenarios that blend theoretical knowledge with actionable strategies.
Through this focused training program, you'll learn to:
The course provides downloadable Payroll Red-Flag Cards that serve as quick reference guides for identifying the eight most common fraud indicators in payroll processing.
Whether you're a payroll specialist, accounting manager, controller, internal auditor, or finance professional, this course will sharpen your "fraud lens" and equip you with practical tools to protect your organization from costly payroll fraud schemes.
Nearly 30 Years of Accounting, Finance, Project, Strategy &Â Business Experience: Transforming Professionals into Agile Leaders with Proven Expertise
Embark on an educational quest with me, Peter Ilas, FCCA, a seasoned professional whose nearly 30-year career has spanned the spectrum from start-ups to global giants like Big4 Audit firms, DELL, and TOMRA. My journey through the realms of external and internal audit, strategic financial management, and leadership roles has crafted a rich repository of knowledge that I'm eager to share with fellow professionals. From the meticulous precision required in external and internal audits to the strategic oversight necessary as a Group Chief Accounting Officer, my career has been defined by versatility and a commitment to excellence. As a Senior Finance Manager, I've navigated the complexities of corporate finance, driving process improvements and mastering internal controls to achieve peak operational efficiency. The entrepreneurial spirit is the latest pinnacle in my professional evolution, embracing the dynamic worlds of freelancing and consulting. I've thrived in diverse company environments, guiding start-ups to find their footing and leading established firms to break new ground. My experiences have not only shaped businesses but have also been distilled into insightful educational content that fosters professional growth. Dive into the Ready Set Agile brand at https://rsagile.com, where my meticulously crafted books and courses embody the modern professional's need for agility—being nimble, fast, and adaptable. My offerings, aligned with CPD/CPE requirements, are not just about learning; they're transformative experiences designed to keep you at the forefront of your field. With a focus on rapid adaptation and continuous improvement, join me to make agility the cornerstone of your professional growth and let us navigate the ever-changing career landscape together.
This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.
If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.
