Mastering AP Internal Controls: How to Reduce Risk and Prevent Fraud
Register for this event
- DateMon 11 January 2021
- Time10:00 AM - 11:00 AM
- VenueOnline event
- LocationOnline event Fremont National 9453
- Ticket$$110 per person
- Table$Price for a table per table (seats Normally between 8-12)
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.