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 hug part 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 employee thousands of dollars each year and even more now.

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.  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.