K2’s Expense Reporting Automation

Computer Software and Applications
2 CPE Credits

Course Code

25c-expauto

Delivery Methods

In-Person, Webinar

Course Type

Live

Level

Intermediate

Length

100 Minutes

Topics
Learning Objectives
Description
Compliance

Major Topics

Overview of selected expense and corporate credit card reporting and management platforms
Major fraud schemes associated with expense reporting
Extracting and importing transaction data from bank feeds and matching to receipts

Learning Objectives

Select at least two types of employee expenses that are identified as very risky by the course
Identify at least two common expense reimbursement fraud schemes.
Choose responses that explain how bank feeds are different from data extraction/OCR applications
Identify at least two comprehensive expense reporting solutions discussed in detail during the course which offer both OCR data extraction and mobile receipt capture
Explain how artificial intelligence can be used to identify unusual items in expense reports

Description

Managing and auditing employee spending on personal and corporate credit cards is a challenge everywhere. Legacy manual expense reporting preparation and approval processes are tedious and repetitive and are an excellent place to start your company’s use of business process automation solutions. This session will cover a variety of expense workflow tools which use technologies and features like bank feeds, mobile receipt capture, OCR data extraction/filling, automated policy enforcement, and artificial intelligence-based validation to automate and eliminate the tedium. Attend this session and learn how to use automation and cure the expense reporting blues for you and your employees.

Compliance Information

Intended Audience Business professionals seeking to improve expense reporting process Advanced Preparation None Field of Study Computer Software and Applications Credits 2 Credits Published Date January 1, 2025 Revision Date

Overview

Course Details

Major Topics

Common security weaknesses that occur with hardware and software at home and in the office
Malware, ransomware, data breach, and incident response tips
Internal control failures which result in the theft of assets or unauthorized manipulation of data

Learning Objectives

List at least three major security incidents reported in the headlines in the last year, and explain at least one major internal control design or operation flaw that allowed the hack to occur
Select the correct definitions for common security terms such as attack surface, vulnerability, exploit, social engineering, phishing, malware, heuristics, biometrics, and multi-factor authentication (MFA)
List at least three best practices learned by reviewing the control failures cited in the case studies

Compliance Information

Intended Audience — Business professionals seeking to optimize their home network solution

Advanced Preparation — None

Field of Study — Information Technology

Credits — 2 Credits

IRS Program Number –

Published Date – January 1, 2025

Revision Date –

Course Authors

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