Webclass 103: Fraud alert in the supply chain: Overpayment to Suppliers

Q1. On which main branches of the ACFE fraud tree can we see fraud flags for Supply Chain?

Q2. Why might you not be able to always make use of the sequential invoices test?

Q3. In the Non-Accomplice Vendor scheme, what is the first step that the fraudster makes?

Q4. How can we try to find Personal Purchases?

Q5. What is a typical way for a supplier to get the invoice value inflated, where tolerance limits exist?

Q6. Is it easy to use data analytics to detect when lower quality items are delivered?

Q7. Do we expect Shell companies to have a real office address and a large turnover other than that relating to your organization?

Q8. If you are using SAP, does that mean that all invoices will be three-way-matched to the purchase order and the goods receipt?

Q9. If you are using SAP, does that mean that all of your purchase orders will require an approval?

Q10. How can we see if the purchase order does not require approval?

Q11. If we are looking for split purchase orders, we should consider those that have exactly the same value, date, material number and plant code

Q12. Which table in SAP shows us the expected price that is calculated by the SAP system based on a set of criteria including the number of items, the supplier, the material code, the plant, etc.

Q13. Why might one supplier have a very high price for the same material compared to another supplier?