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Business Email Compromise (BEC) Accounts Payable

Business Email Compromise (BEC) Accounts Payable

The Problem: Business Email Compromise (BEC) costs "Real Money" in Accounts Payable!


Join us for an enlightening CPE event on one of the major business email compromise targets: "Accounts Payable" processing. This event is hosted by Debra R Richardson a noted industry expert in procure to payment and understands business email compromise scams and BEC frauds in detail.


This CPE event aims to offer a thorough comprehension of the risks associated with business email compromise (BEC) and strategies for implementing internal controls to mitigate these risks within the accounts payable process.


The internal controls covered in this event detail:

  • Verification of Vendor Information: Validating the authenticity and accuracy of vendor details to ensure compliance with regulatory requirements.
  • Authentication Techniques: Implementing authentication protocols to verify the legitimacy of requests for changes to vendor remittance information received via email, fax, or hardcopy.

  • Internal Control System: Establishing a comprehensive internal control system designed to combat business email compromise, including robust processes and best practices to mitigate the risk of fraudulent payments through BEC scams.

  • Specialized Training: Providing security awareness training tailored to the Accounts Payable team to educate them on recognizing and addressing potential business email compromise threats.

  • Utilization of Tools and Templates: Customizing and utilizing specific tools and templates provided to improve vendor validation processes and enhance overall security measures.


Enrolled participants will have access to a suite of downloadable templates, including but not limited to:

  • Authentication Reference Template
  • Vendor Banking Form Template
  • Global Vendor Validation Reference List
  • Confirmation Phone Call Scripts Template
  • Confirmation Log Template
  • Desktop Procedure Template – Vendor Inquiries / Help Desk


You will learn in this event about having an internal control system to avoid BEC scams and BEC fraud. Come away with a Fort Knox mindset concerning accounts payable processing and an understanding of how to make the accounts payable process more security. The  training includes example forms and scripts you need to implement today to end BEC scams.


This internal control training course will provide each attendee with 2 CPE Event Hours (YB). A certificate of completion will be provided.

  • Details on Event Presentation

    Offered every six weeks on Fridays at 10:00 a.m. to 12:00 p.m. Central Time in two CPE-Credit event.

    We can schedule private events on your timetable for two or more attendees.

    NASBA Program Disclosure

    Program Level of Understanding: Basic to Advanced
    Prerequisites: None
    Advance Preparation: None
    Delivery Format: On-site Training (Group-Live); Seminar (Group-Live)
    NASBA Field(s) of Study: Auditing
    CPE Credits: 2, based on 50 minutes of instruction per hour. 

  • CPE Event Highlights

    • Combatting Business Email Compromise (BEC): Gain insights into the evolving landscape of BEC scam threats and learn proactive measures to protect your organization from fraudulent activities targeting the accounts payable function.

    • Internal Control Best Practices: Discover effective strategies to develop and implement robust internal controls specifically tailored to combat BEC scam threats within the accounts payable process.

    • Fraud Prevention Techniques: Explore practical techniques and best practices for preventing fraudulent activities related to vendor payments and account changes.

  • Learning Objectives

    • Understanding how to implement up to 6 steps to avoid BEC and other frauds when vendor remittance details are changed based on requests received via email, fax, or hardcopy.
    • How to identify the required validations to verify the authenticity of vendors and ensure compliance with regulatory requirements
    • Approaching the customization and utilization of the included tools and templates to implement authentication techniques, internal controls, BEC scam best practices, and vendor validations to enhance the current vendor process.
  • Key Issues on the Agenda

    Section 1 - Why It’s Getting Harder Not to Pay a Fraudster

    • Your Current Process
    • The Problem with Email
    • The Problem with that Confirmation Call

    Section 2 - New Process for Vendor Bank Changes

    • Add Authentication Techniques, Internal Controls and Best Practices concerning BEC scams
    • Add One Additional Control So You Don’t Lose Significant Vendor Payments

    Section 3 - Templates and Resources to Implement Now

    • Authentication Reference
    • Vendor Banking Form Template
    • Vendor Validation Reference List
    • Vendor Global Registration Numbers
    • Confirmation Call Script
    • Confirmation Call Log
    • Send Vendor Notification of Change
    • Check Payments Before Sending Pay File
    • Make it Auditable - Desktop Procedure - Vendor Inquiries

    Section 4 - Question & Answers about BEC scams

  • Summary of the Subject Matter

    This CPE event, "The Bank of Accounts Payable," delivers a comprehensive exploration of the critical subject matter: the risks associated with Business Email Compromise (BEC) scams and strategies for implementing internal controls to mitigate these risks within the accounts payable process.

    The BEC event provides deep insights into authentication techniques, the establishment of robust internal control systems, specialized training for the Accounts Payable team, and the utilization of tools and templates to enhance vendor validation processes and overall security measures.

    Upon completion of the event, participants will earn 2 Auditing CPE Hours (YB), making it a valuable opportunity to gain actionable knowledge while fulfilling professional development requirements.

  • Distinguished Instructor

    • Debra R Richardson, MBA, CFE, APM, APPM, CPRS

      Debra, an accounts payable consultant with over 20 years of experience in Fortune 500 companies like Verizon, General Motors, and Aramark, is a seasoned professional in accounts payable, accounts receivable, general ledger, and financial reporting. Debra brings a wealth of knowledge to her events.A Certified Fraud Examiner (CFE), her expertise in Global Vendor Maintenance and implementation of vendor self-registration portals has been pivotal in establishing robust internal controls to prevent fraud.

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