Agenda

Vendor Master Files - Safeguarding and Maintaining Your Information

• Vendor Master Files Important - Understanding the Basics
• Problems That Are Encountered With Poor Master File Controls
• The Cost of Poor File Maintenance

Frauds That Can Be Encountered and Prevented

• TIN Solicitation and Avoiding Problems Commonly Encountered
• How to Deal With Verifying New Vendors and Verifying Their Information Before Setting up in System
• How to Collect Data for a Compliance and Verification Program
• How to Cleanse Data Files
• What to Do When Things Go Wrong

Best Practices for Data Files

• How to Implement Best Practices to Protect Your Master Files
• Dealing With One Time Vendors
• Data File Maintenance Programs
• Designing the Proper System for Your Organization
• Tips on Preventing Fraud and Misuse of Your Files

Importance of Segregation of Duties

Credits

Faculty

Amy Fitzgerald

EisnerAmper LLP

• Manager and serves as the web liaison for EisnerAmper LLP’s Financial Advisory Services where she oversees and manages the articles, blogs, and podcasts written and conducted by her colleagues for EisnerAmper’s website
• Has worked in providing a number of services, including commercial litigation, financial investigations, intellectual property disputes, martial dissolutions, and business interruptions
• Supports experts in forensic accounting investigations and quantifying damages in complex commercial litigation through the writing of reports, financial analyses, and industry research
• Has experience in various industries, including financial services, telecommunications, construction, insurance, food services, and aerospace; she specializes in the technical aspects of the analyses, particularly large data management and financial modeling
• Prior to joining the firm, she was a consultant in the disputes and investigations practice of an international consulting firm; she has monitored an international construction firm and supported expert witness in writing reports, creating models across a variety of platforms, and conducting market research
• B.S. degree in finance, The College of New Jersey

Hubert Klein

EisnerAmper LLP

• Partner and practice leader for EisnerAmper LLP’s Financial Advisory Services Group in the firm’s New Jersey location
• With over 30 years of experience, he is frequently called upon as a technical resource in various litigation actions
• Has consulted and provided services in matters including complex damages, business valuations, due diligence analysis, fraud and forensic investigations, lost profit calculations, shareholder disputes, insurance claims analysis, bankruptcy and matrimonial proceedings
• In addition, he has served as an agreed-upon neutral expert and as an expert witness appointed by judges in the types of matters listed above; and to issue reports for the courts on these cases
• Has been appointed by various courts to serve as a receiver, provisional director, special fiscal agent, and court’s independent forensic auditor in various civil litigation matters
• Experienced in providing traditional accounting services, such as financial statement and tax return preparation, financial analysis, and consulting services for closely held businesses
• As a strong proponent of professional development, he frequently speaks to both business and civic groups on topics such as business valuation, forensic accounting, commercial damages and fraud; he has presented to both regional and national organizations
• An active member of the American Institute of Certified Public Accountants (AICPA) where he served on the Forensic and Litigation Services Executive Committee, Fraud Task Force; Forensic, and the Valuation Conference Committee and received the Volunteer of the Year award; in addition, the National Association of Certified Valuation Analysts recognized him as Outstanding Member for extraordinary committee participation and service
• Can be contacted at 212-891-4011 or [email protected]