Training on Controlling Purchasing Card Risk

Teleconference Training: Controlling Purchasing Card Risk

When: January 29, 2009, 10:00 a.m. to 11:30 a.m. (Pacific Time)

Where: Live Teleconference in your office

Cost: $199

For more information and to register, visit Lorman Education Services

Instructor: Richard J. Palmer, Ph.D., CPA, CMA, CFM, Eastern Illinois University

Purchasing cards represent a value and efficient means for government agencies and businesses to procure goods and services. Unfortunately, without sufficient control mechanisms in place, they can also be abused by employees using them for personal gain. What types of controls should your organization put into place to avoid abuse, fraud, and audits?

See my blog from January 11, 2009 on the audit of the California Avocado Commission and their abuse of government issued credit cards.