Accounts Payable Myths that Destroy Companies [How to Fix Them]
Channel: AP Now
Date: 23/04/2024

Uncover the myths surrounding accounts payable and accounting in this eye-opening video! Learn why duplicate payments are a real concern and how suppliers may not always return the money.  Hear real-life examples of employees committing fraud and causing massive financial losses. Don't forget to subscribe for more intriguing finance insights! #payments #accountspayable 
#accounting 
Link to Real-Life Fraud: How Hollywood Depicts Accounting Scandals in the Movies https://youtu.be/dec6bkMhmrE

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00:00:00 Myths that Destroy Companies
00:00:37 Myth #1
00:03:32 Myth #2
00:06:20 Myth #3
00:06:39 Myth #3 Real-Life Example #1
00:07:11 Myth #3 Real-Life Example #2
00:08:41 Myth #3 Real-Life Example #3