Vendor and Supplier Fraud Detection Checklist

This vendor fraud detection checklist applies ASIS International Retail Loss Prevention standards, ACFE Association of Certified Fraud Examiners methodology, and RILA supply chain fraud prevention best practices. Designed for LP investigators and internal audit teams detecting vendor fraud schemes.

  • Industry: Retail / Security Services
  • Frequency: Monthly
  • Estimated Time: 45-60 minutes
  • Role: LP Investigator / Internal Auditor
  • Total Items: 8
  • Compliance: ASIS International Retail Loss Prevention Standards, ACFE Association of Certified Fraud Examiners Standards, RILA Supply Chain Fraud Prevention Guidelines, SOX Sarbanes-Oxley AP Internal Controls, GAAP Accounts Payable Control Requirements

Invoice and PO Matching

Three-way match and receiving discrepancy analysis.

  • Three-way match (PO, receiving, invoice) completed for all invoices?
  • Receiving unit counts reconciled against invoiced quantities?
  • Invoice prices verified against contracted vendor pricing?
  • Duplicate invoice check run for this period?

Vendor-Employee Collusion Detection

Red flags for internal vendor fraud schemes.

  • Direct store delivery (DSD) vendor drivers monitored during deliveries?
  • Vendor relationships of employees reviewed for undisclosed conflicts of interest?
  • Vendor promotional 'free fills' and bill-backs documented and audited?
  • Vendor Fraud Audit Notes

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Why Use This Vendor and Supplier Fraud Detection Checklist?

This vendor and supplier fraud detection checklist helps retail / security services teams maintain compliance and operational excellence. Designed for lp investigator / internal auditor professionals, this checklist covers 8 critical inspection points across 2 sections. Recommended frequency: monthly.

Ensures compliance with ASIS International Retail Loss Prevention Standards, ACFE Association of Certified Fraud Examiners Standards, RILA Supply Chain Fraud Prevention Guidelines, SOX Sarbanes-Oxley AP Internal Controls, GAAP Accounts Payable Control Requirements. Regulatory-aligned for audit readiness and inspection documentation.

Frequently Asked Questions

What does the Vendor and Supplier Fraud Detection Checklist cover?

This checklist covers 8 inspection items across 2 sections: Invoice and PO Matching, Vendor-Employee Collusion Detection. It is designed for retail / security services operations and compliance.

How often should this checklist be completed?

This checklist should be completed monthly. Each completion takes approximately 45-60 minutes.

Who should use this Vendor and Supplier Fraud Detection Checklist?

This checklist is designed for LP Investigator / Internal Auditor professionals in the retail / security services industry. It can be used for self-assessments, team audits, and regulatory compliance documentation.

Can I download this checklist as a PDF?

Yes, this checklist is available as a free PDF download. You can also use it digitally in the POPProbe mobile app for real-time data capture, photo documentation, and automatic reporting.

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