Internal Controls Archives

#118 | ITGC- System Change (Audit) Log Review

Hello, everyone! In this session, I’m going to be reviewing how to document a system…

#7 | Part 7 – Antidote to the Wire Fraud Epidemic; Treasury Controls Prevent Fraud

Welcome to the final part of Antidote to the Wire Fraud Epidemic which focuses on how you fight fraud with treasury controls. As you remember, we have discussed: What’s happening; How the scam works; How this scam is so successful; & Controls to implement: 3 entity level controls, 4 AP controls, and 5 IT controls […]

#6 | Part 6 – Antidote to the Wire Fraud Epidemic; IT Controls

We are now in part 4 of Antidote to the wire fraud epidemic and we’re…

#5 | Part 5 – Antidote to the Wire Fraud Epidemic; How to Prevent Wire Fraud with AP Controls

We are on Part 5 of Antidote to the Wire Fraud Epidemic.
As you will remember from our previous segments, we talked about: What’s happening with the Wire Fraud Epidemic; How this scam works; and Why this scam is so successful.
And now we focus on how do you fight it? This segment is on accounts […]

#4 | Part 4 – Antidote to the Wire Fraud Epidemic; How to Prevent Wire Fraud with Entity Level Controls

Welcome back to part 4 of Antidote to the Wire Fraud Epidemic. In this segment, we talk about how you fight this fraud and specifically focus on: Entity level controls; Implement or update an Authority Matrix; Review and approve non-standard contracts […]