Stinnett Principal Jeff Dehart and Senior Manager Steve Kienlen will present on Bad Vendor Practices during the Petroleum Accountants Society of Oklahoma Tulsa chapter meeting on March 14. Lunch begins at 11:30 a.m. with the presentation from noon – 1 p.m.
Although a necessary part of business, vendor relationships can be very risky. Companies regularly experience problems with vendors that can result in significant overcharges, work stoppages, even fraud.
During this presentation, participants will learn some of the common underlying risks and pitfalls in these relationships as well as the types of controls that can help protect your company or clients.
Audience members will develop an understanding of:
- Common billing problems by vendors
- Examples of inappropriate practices and fraudulent behaviors and what to look for.
- Best control practices that help protect your company.
- Trends in vendor related fraud.