SOX Compliance: Accounts Payable


Overview
Setting up controls for the purchasing process and analyzing the risk to the financial statements can be a daunting task. Since a large company has to purchase many different items every day, there is a real potential for fraud. This entertaining and informative workshop will provide you with the tools you need to establish and maintain strong internal controls that meet Sarbanes-Oxley standards by reducing risk and protecting company assets.

Objectives

  • Inventory purchasing
  • Supplier payments
  • Payroll and taxes
  • Types of approvals
  • Repetitive processes
  • Inter-company payments
  • Accruals
  • Currency issues
  • Audit trails
Prerequisite
None

Preparation
No advance preparation required

Level of Knowledge
Overview

CPE Credit
2 Hours

Delivery Method  
Group Internet Based

NASBA Field of Study
Auditing

Author
Mike Morley