Payables Controls ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
A number of controls are needed to ensure that supplier invoices are paid in the correct amounts and at the right times. In the Payables Controls course, we discuss all aspects of the accounts payable process flow, the forms used, and the controls needed to ensure that payables activities are properly conducted. The course also addresses systems of internal control, control principles, types of controls, and several related issues.
Highlights
The genesis of accounting controls. The proper balance of control systems. Common fraud factors. Control principles. Payables concepts.
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs, and other financial managers.
Objectives
Recognize the characteristics of a system of internal controls. Recall the situations in which it is possible to operate with weak controls. Recognize the best types of controls. Specify how a continuous controls monitoring system functions. Recall how an evaluated receipts system functions. Recall the types of policies and controls used in an accounts payable system.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $33.00
Member Price $29.00