Dealing with Expense Report Reimbursement Problems (Course Id 1470)

• Who is this course for?
  This course is designed for anyone needing Continuing Professional Education (CPE), particularly CPAs, accountants, and finance professionals involved in managing or auditing expense reimbursement processes.

• What is this course about or what problem does this course solve?
  The course addresses common problems related to employee expense reimbursement requests and provides solutions to reduce or eliminate these issues through best practices.

• How can the knowledge from this course be used?
  Learners can use the knowledge to create effective expense reimbursement policies, manage problematic reimbursement scenarios, and identify and prevent fraudulent or inappropriate claims.

• Why is this course important to a CPA, Accountant, or IRS Enrolled Agent?
  It equips financial professionals with the tools to oversee and audit expense reports effectively, thereby protecting organizations from financial losses due to policy violations or fraud.

• When is this course relevant or timely?
  This course is relevant anytime organizations seek to tighten control over one of their largest controllable expenses—travel and employee reimbursements—especially as policies evolve.

• How is a course like this consumed or used?
  This course is delivered as a NASBA QAS self-study text, requiring learners to read the material and pass a final exam with at least a 70% score to earn CPE credit.

Travel expenses are, for many organizations, their second largest controllable expense. This is just one of the reasons why it is imperative that every organization have a strong policy that governs these expenditures. That being said, the number of problems that continue to plague many companies when it comes to expense reimbursements defies logic. There has to be a better way.

In this course, industry expert Mary Schaeffer take a look some of the more common problems experienced by companies related to employees, expense reimbursement requests. She not only identifies the issues, but offers solution on how best-practice companies minimize these problems and, in some cases, eliminate them.

NASBA QAS - Text - NASBA Registry - 1470

Course Learning Objectives

• Create processes for dealing with illegible receipts
• Develop a policy for dealing with reimbursement requests for items clearly not covered in the policy
• Identify strategies for dealing with managers who take too long to approve employees expense reimbursement requests
• Create practices to deal with conflicts around the reimbursement process
• Pinpoint areas employees are most likely to cheat on their expense reports

Chapter 1 - Dealing with Expense Report Reimbursement Problems

Best Practice Approach to Dealing with Expense Report Abuses

Dealing with Missing or Illegible Receipts

Dealing with the Laggards

Dealing with Approved Reimbursement Requests for Items outside the Policy or Inappropriate Items

Steps to Reduce the Number of Questionable Requests for Reimbursement

Dealing with Employees Using Cards Deceitfully for Personal Gain

Dealing with Employee Misuse of Company Card

Dealing with Personal Items on Expense Reports

Strategies to Combat Inappropriate Expense Reimbursement Requests

How Employees Cheat on Their Expense Reports

The Ongoing Issue: Dealing with Expense Reimbursement Conflicts

Chapter 1 Review Questions

Glossary