ACCOUNTS PAYABLE MANAGEMENT
How to Prevent Frauds Effectively
May, 22nd– 24th2013 – Phoenix Hotel Yogyakarta
Course Objectives
Accounts Payable is the department in the company that has an easy access to the company’s money therefore it’s undeniable that fraud happens in this department. This course is designed to help participants to get a practical guide how to create strategies to deter, prevent, and detect all sorts of accounts payable frauds. Illustrative examples that present and explain concepts to ensure that participants gain a deep understanding regarding the frauds that can happen in the company will be discussed during the course.
By attending this course, participants are expecting to be able to implement the accounts payable procedures to make fraud so difficult within the company.
Course Content
A. ACCOUNTS PAYABLE FRAUD IN THE ORGANIZATION
· Profiles of Fraud
· Check Fraud
· Purchasing Card Fraud
· Electronic Payment Fraud
· Travel and Entertainment Fraud
· Petty Cash Fraud
· Vendor and Invoice Fraud
· Master Vendor File Fraud
· Payroll Fraud
B. HOW TO DETER,PREVENT AND DETECT OF THE FRAUDS
· Best Practices
· Monitoring Reports
· Detection and Prevention
C. RECOMMENDED POLICIES AND PROCEDURES
· Funds Management
· Banking
· Petty Cash
· Field Accounts
· Invoice Processing
· Manual Payments
· Employee Expense
· Employee Receivables
D. GENERAL DISCUSSION
Training Method
· Presentations, active participation through group discussions
· Highly interactive lecture
· Experiential learning
Target Participants
Accounts Payable Staffs, Accountants, Auditors, Account Assistants, Cost Control Department Staffs, and other Professionals in the company who want to get an additional working knowledge of the frauds to enhance their awareness of potential frauds in performing their tasks.
tyle='m� 6 p c �W ` > “Gas Production and Distribution Report”3. STANDARD MEASUREMENT AND CALCULATION OF OIL PRODUCTION AND LIFTING WITH STATIC SYSTEM METHODE.
q To give understanding and explanation Procedure measurement and calculation of crude oil in the storage tank, where apply for calculate total production, lifting and stock of crude oil, consist of:
Ø Level and temperature measurement of fluid in the storage tank.
Ø Crude Oil Sample taking from inside the tank.
Ø Laboratory analysis to determine of Density/Specific Gravity/API Gravity and BS&W content of the Crude Oil.
Ø Crude Oil Stock Calculation consists of: Step of Crude Oil Stock Calculation, Reading of Tank Table, and Reading of ASTM – IP Table.
4. STANDARD MEASUREMENT AND CALCULATION OF OIL PRODUCTION AND LIFTING WITH DYNAMIC SYSTEM METHODE.
q To understanding the Procedure of measurement and calculation total crude oil where flow through the pipe line By Flow Meter (dynamic measurement), consist of:
Ø Explanation working system of flow meter process (PD Meter).
Ø Procedure of how to prove Metering System by Proper Meter.
Ø Calculation of measurement result by manual system.
Ø Standard Gas Measurement system by Orifice Meter and Gas Heating Value Calculation.
5. LOSS ANALYSIS
q To give knowledge about losses and gain in the production operation process, storage handling and transfer crude oil and gas; to prepare reporting system and how to claim if discrepancies occurs in the transferring process in the point of sales more than tolerable losses, consist of:
Ø Clarification and discussion about Losses and Gain during production process, Crude Oil storage handling, Gas handling, Transfer of crude oil and gas.
Ø Reporting system of the “Oil and Gas Losses”.
Ø Loss Management that will give solution how to reduce losses where losses more then tolerable from time to time and evaluate causes of losses, gain and shrinkage.
6. OFFTAKE PROCEDURE, ENTITLEMENT CALCULATION AND OVER (UNDER) LIFTING MONITOR.
Ø To learn how to calculate Entitlement each Parties in the Production Sharing Contract,
Ø Prepare the Lifting and Pumping Monitoring base on BPMIGAS Standard Report.
Ø Nomination procedure.
PARTICIPANT IN THE COURSE:
Ø This Course should be attend and useful for Supervisor and Staff who responsible the process and measurement production, transfer and lifting at block station and terminal and also Staff who is in charge handling Crude Oil Accounting and Shipping activities and staff who handling Over (Under) Lifting Monitor and evaluation of nomination.