+44 (0)1892 512348

Accounts Payable & Revenue Leakage Workshop

‘This years AFI has put the loss to the UK economy from fraud at £52 billion’
Annual Fraud Indicator (June 2013)

Course Overview

Revenue Leakage affects us all, no matter the business sector in which we operate.

Incorrect pricing, operational inefficiencies, missing transactions, unpriced transactions, and uncollected revenues are just some of the causes of revenue leakage. IDEA can help you in your quest to establish control mechanisms and reporting facilities to both identify and predict potential leakage points.

In today’s economically austere climate, with the pressure for accurate fraud analysis being placed firmly within individual business areas, it may not be financially feasible to utilise external services to help identify issues. We are therefore pleased to announce our Accounts Payable & Revenue Leakage Workshop.

This one day in-house workshop was originally developed to aid our Public Sector clients but is equally applicable to all clients concerned with revenue leakage.

Delegate Requirements

The course is aimed at auditors, accountants and AP/PL clerks.

The workshop is normally delivered over one day to attendees already familiar with IDEA. However, if you are unfamiliar with the software, we can expand the syllabus to a two day workshop to enable your team to acquire basic IDEA skills prior to training.

Training Scenarios

Learn how to harness the power of the IDEA software that you already own to tackle monetary leakage directly. This is very much a bespoke course, tailored to your own testing requirements.

IDEA Functionality Covered

The workshop will be based upon your own data and will show you how to use IDEA to:

  • Prepare your own data
  • Perform data quality checks looking for missing or incorrectly formatted information
  • Look for fraud, unusual exceptions and trends
  • Learn how to identify standard and non-standard (fuzzy) duplicate invoices and how to analyse the findings

In-house training

Minimum number 4, maximum number 8 per course.

Price (per person) on request – capped trainer travel expenses will be charged.

To book or discuss in-house training, please call +44 (0)1892 512348 or email training@auditware.co.uk

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The customised content was delivered in a clear and concise manner. The course represents excellent value for money as it will help to save more than its value in the long run. The content was tailored to our specific needs and so we didn’t waste time on irrelevant items and additionally, we covered all the topics in much greater detail with worked examples to ensure we had learnt the topics well. On the whole we were very pleased with the course and impressed with the power of the software and how we could use it to facilitate our needs.

Rikki Belsham
Financial Fraud Officer / Havering Borough Council

We recently upgraded to version 9 of the software and needed to arrange separate courses for experienced Internal Audit users and new users from our Corporate Fraud Team. AuditWare worked with us to develop the courses to ensure that the content was tailored to our specific needs, using our own data that included worked examples that each group of users could relate to. This allowed us to focus on covering key learning for both groups in much greater detail and ensured that they did not waste time on irrelevant items. The courses represented excellent value for money and we are convinced that they will help us to save more than their cost in the long term as we continue to develop the uses of IDEA. We were very pleased with the courses and are impressed with the flexibility and power that the software provides.

Tom Armstrong
Counter Fraud Officer / Durham Borough Council
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