Detecting and Deterring Payroll Fraud – Proven Practices and Procedures
Speaker: Dayna J Reum
Speaker Designation: Director of Payroll Operations at Ann & Robert Lurie Children’s Hospital of Chicago
Speaker: Dayna J Reum
Speaker Designation: Director of Payroll Operations at Ann & Robert Lurie Children’s Hospital of Chicago
Making sure the companies have accurate financial statements to reduce unnecessary fraudulent transactions that cost companies thousands of dollars each year. Understand how payroll frauds occur and how to design and implement internal controls/tools to help prevent and detect payroll fraud.
The misappropriation of cash and fraudulent financial reporting are ongoing concerns for many business managers and owners. Payroll fraud is one of the most common forms of employee theft and is often exceedingly difficult to detect. One of the challenges to stopping payroll fraud is keeping abreast of the different types of scams that exist. Often the internal controls that are necessary to help prevent and detect payroll frauds are missing or ineffective. This webinar will help you understand the legal rules around detecting and deferring payroll fraud. The speaker will review tools that companies can use to make sure that fraud can be deterred or detected immediately.
You'll gain valuable insights into recognizing and preventing payroll fraud, safeguarding your organization from financial losses and reputational damage. The webinar offers proven strategies, compliance tips, and expert advice to help you implement effective controls and stay ahead of evolving fraud tactics, ensuring your payroll processes remain secure and efficient.
Payroll fraud is one of the most common types of financial fraud, impacting businesses of all sizes. It can take many forms, such as falsified wages, unauthorized overtime, or even the creation of "ghost" employees. This type of fraud can go unnoticed for extended periods, leading to significant financial losses, reputational damage, and legal complications.
Dayna currently is the director of payroll operations at a major medical center in Chicago and has been heavily involved in the payroll field for more than 20 years. She started as a payroll clerk at a small Tucson company but moved on to be a payroll team leader at Honeywell Inc. During her time at Honeywell Inc., she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. Dayna has also received several merit awards for customer service acquisitions, and divestiture.
Dayna is no stranger to teaching; she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics include Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, and international and Canadian payroll.
She also serves on the National American Payroll Association the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee), and received a citation of merit for her service along with being a gold pin member of the APA. Dayna is also a CPP (Certified Payroll Professional) through the APA certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.
