Two-part Online Workshop: Purchasing Card Risk Assessment

When was the last time you conducted a risk assessment/analysis of your P-Card program? Some organizations have never completed such an activity, but it is critical for documenting program risks and the mitigating controls. A risk analysis also helps you identify any control gaps, uncovers program inefficiencies, supports program audits, increases program buy-in among management and auditors.

Do not delay a risk analysis any longer. Led by P-Card expert Lynn Larson, this session, targeted at P-Card program managers and administrators (PMs/PAs), will guide you through a risk analysis process from start to finish, including a review of relevant introductory information, your program goals and policies, potential risks/issues for which controls are needed, such as personal use of the card, unauthorized account setup, unauthorized access to data, too much power granted to the PM/PA, and incorrect payments to the card issuer and controls to help prevent and/or detect the issues.