This webinar will equip attendees with an understanding of the components of Accounts Payable and the internal controls required within the acquisition process.
Why you should Attend
Increasingly, Regulators look for evidence that the company reviews its processes and controls to ensure that, for example:- Policies and procedures are being followed by operational staff
- Processes are not 'shelfware' (i.e., the policy exists but 'never comes off the shelf')
- A strong risk management function has not deteriorated into ineffectiveness
- There is clear ownership and accountability for compliance throughout the supply chain
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
Speaker
Richard E. Cascarino, MBA, CIA, CISM, CFE, CRMA Well known in international auditing, Richard is a principal of Richard Cascarino & Associates based in Colorado, USA and Johannesburg, South Africa with over 32 years of experience in audit training and consultancy. He is a regular speaker to National and International conferences and has presented courses throughout Africa, Europe, the Middle East and the USA. Richard is a Past President of the Institute of Internal Auditors in South Africa, was the founding Regional Director of the Southern African Region of the IIA-Inc and is a member of ISACA, and the Association of Certified Fraud Examiners, where he was a member of the Board of Regents for Higher Education.
Who Should Attend
- Internal Auditors
- Financial Managers
- Data Analysts
- Operational Managers
