SOX: Internal Controls for Accounts Payable

Mike Morley
Instructor Mike Morley
Product Id 601488
Duration 60 Minutes
Version Recorded
Original Price $295
Special Offer Price $10
Refund Policy
Access recorded version only for one participant; unlimited viewing for 6 months

SOX: Internal Controls for Accounts Payable

Overview:
This session will raise awareness of fraud issues in Accounts Payable and examine processes to mitigate the risk associated with Accounts Payable to comply with SOX. It 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.

Why should you Attend: 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.

Areas Covered in the Session:
  • Safeguarding inventory purchasing
  • Examining supplier payments
  • Reviewing risks associated with payroll and taxes
  • Know best practices and types of approvals
  • Reviewing repetitive processes
  • Understanding the dangers inherent in inter-company payments
  • Verifying accruals
  • Assess currency issues
  • Building and using audit trails

Who Will Benefit:
  • Financial Managers and Controllers
  • CFO’s and other Company Executives
  • Accounting and Reporting Managers
  • Accountants
  • Auditors and staff
  • Business and Operations Managers
  • Anyone involved in the SOX compliance process
Speaker Profile
Mike Morley, a Certified Public Accountant, is the author of "Sarbanes-Oxley Simplified", "IFRS Simplified", and "Financial Statement Analysis Simplified.". Mike is a recognized authority in the field of finance and helps guide companies through the Sarbanes-Oxley compliance process. An entertaining and informative speaker, Mike is a frequent guest on television and radio.

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