Controls & Fraud

To be successful, a Purchasing Card program must have effective controls to prevent and detect card fraud. The challenge is striking the right balance; you do not want to over- or under-control a program. Too many controls are costly, impacting the process savings inherent to P-Cards, while a lack of effective controls puts your organization at risk.

Related Resources

Blog Posts on Fraud Incidents

Includes tips you can use

P-Card Help

Does your organization need assistance evaluating its P-Card controls? Contact Recharged Education today. Also, subscribe to the educational blog (no charge).

Recommended ACFE Resource

Report to the Nations on Occupational Fraud and Abuse by the Association of Certified Fraud Examiners (ACFE)

Available for Purchase

P-Card Risk Assessment Template

The template includes nine worksheets, covering nine broad topics, for a program manager to complete. In all, there are more than 100 questions, providing a robust evaluation of P-Card controls. Learn more...