Mastering Accounts Payable Internal Controls: Reduce Risk and Prevent Fraud


Patrick Haggerty is Keynote Speaker at Compliance key Inc. He is a tax practitioner, author, and educator. His work experience includes non-profit organization management, banking, manufacturing accounting, and tax practice. He began teaching accounting at the college level in 1988. He is licensed as an Enrolled Agent by the U. S. Treasury to represent taxpayers at all administrative levels of the IRS and is a Certified Management Accountant. He has written numerous articles and a monthly question and answer column for payroll publications. In addition, he regularly develops and presents webin........

Overview

Accounts payable is not only responsible for control of cash paid by the business, but also handles sensitive vendor information such as tax ID numbers. Adequate internal control is an essential element of accounts payable operations. Controls serve to protect company assets including company reputation through protection of sensitive information and processes. Controls provide assurance that company records are accurate and complete. They monitor compliance with company policy and compliance with legal and contractual obligations and measure progress toward achievement of organizational objectives. In addition controls can result in cost savings through assessment and improvement of operational efficiency as well as the prevention, detection and mitigation of errors and fraud. 

Why should you attend this webinar?

Participants will learn how to how to develop and use detective, preventive and corrective internal controls to mitigate risk, ensure information system security and prevent fraud.
The session will cover organized approaches to development of internal control systems and controls based on the COSO frameworks, including risk assessment, development of the control environment, training of employees, and the objectives of the business. It will also discuss how to identify opportunities to improve internal controls that aid in achieving the objectives of the business.

Areas Covered in the Session:

Who can Benefit:



Webinar Id: FSPH0031

Training Options:

Duration: 90 mins

 View anytime

 Recorded: [Six month unlimited access]

 $167 (Single Attendee)  $599 (Unlimited Attendee)

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