This seminar 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. This presentation will provide you with the tools you need to establish and maintain strong internal controls in the A/R & A/P department that meet Sarbanes-Oxley standards.
- Module1: SOX: Internal Controls for Accounts Payable
- Area Covered:
- Inventory purchasing.
- Supplier payments.
- Payroll and taxes.
- Types of approvals.
- Repetitive processes.
- Inter-company payments.
- Accruals.
- Currency issues.
- Audit trails
- Module2: SOX: Internal Controls for Accounts Receivable
- Area Covered:
- Segregation of duties.
- Cash application controls
- Bad debt reserves
- Credit policy
- Collateral controls
- Invoice accuracy
- The approval process
- The role of IT systems
- Integrating SOX into daily routines
Course Provider
Mike Morley,
