With companies everywhere eyeing the bottom line, insistence on compliance with travel & entertainment policy is becoming more commonplace. What's more, the IRS has also been taking an equally harsh stance, so compliance must now not only be to the company policies but also IRS rules. Otherwise, you could end up answering not only to the CFO but also the IRS–and that is truly ugly.
In this seminar, we'll examine best practices as they relate to the expense reimbursement process; practices that will not only keep your Travel & Entertainment (T&E) expenses in control but will also keep you in compliance with IRS regulations. In fact, we’ll start with an intensive review of what the IRS requires of an expense reimbursement policy in order for your company to maintain an accountable plan. We’ll also identify other best practices every organization needs to use in order to have an effective policy. And we’ll share data showing exactly what other companies are doing with regards to expense reimbursements.
Learning Objectives:
After this session, you will be able to:
- Integrate IRS requirements into your organization's T&E policy
- Create processes to address use of new services such as Uber, Lyft, Airbnb etc.
- Develop tactics to reduce the number of employees submitting expense reports late
- Build a policy that deals with employee misuse or abuse of the travel and entertainment policy
- Incentivize managers to approve in a more timely and appropriate manner
- Implement strong controls to deter expense reimbursement fraud
- Identify common expense reimbursement frauds some employees employ
- Implement strong controls to deter expense reimbursement fraud
- Create a tight T&E policy that will prevent misconceptions about your T&E policy
- Craft a strong travel and entertainment policy
- Identify issues missing from your current policy
- Address effectively all the issues that should be included in an suitable corporate travel policy
- Create an appropriate auditing process of employee expense reports
- Effectively update your existing policy
- Pinpoint weak language in your current policy and tighten it to stop cash leaks
- Eliminate common expense reimbursement headaches
Who Will Benefit:
- Accounts payable manager
- Accounts payable director
- Accounts payable supervisor
- Accounting manager
- Controller
- Assistant controller
- Accounts payable associate
- Accountant
- Accounting manager
- Disbursements manager
- Assistant accounts payable manager
- T&E professionals
- Expense reporting professionals
- T&E manager
For Registration: