Overview:
While it has always been good business practice to monitor and manage supplier risks, the stakes have increased in recent years.
Now, more than ever, failing to meet regulatory requirements and expectations can mean potentially significant penalties and remediation costs, as well as serious organizational reputational exposures. Integrated into this process is the accounting for, and internal controls over, the Accounts Payable process
Why you should Attend:
This webinar will equip attendees with the understanding of the components of Accounts Payable and the internal controls required within the acquisition process.
Areas Covered in the Session:
- Where Accounts Payable Come From
- General Controls over Acquisitions
- Processing checks Best Procedure
- Vendor Allowances
- Accounts Payable Fraud Red Flags
Who Will Benefit:
- Internal Auditors
- Financial Managers
- Purchasing and Procurement Managers
- Operational Managers