Accounting Processing Best Practices

Master Vendor File Best Practices to Strengthen Controls and Prevent Fraud

Course Overview
This course provides an overview of vendor master file best practices that help to strengthen controls and assist in preventing fraud. This includes a discussion of data included within the vendor master file, collecting TINs, and use of the IRS's TIN Matching Program. This course also addresses the new frauds as it relates to vendors as well as certain regulatory compliance issues.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Identify best practices as it relates to the vendor master file
  • Recognize key information relating to the IRS TIN Matching Program
  • Recognize regulatory compliance issues and how vendor portals will evolve in the future

Prerequisites/Advanced Preparation:


Speaker / Author:

Mary S. Schaeffer is editorial director of CRYSTALLUS, Inc., which publishes the Accounts Payable Now & Tomorrow newsletter and the e-zine e-AP news. After working in the finance and treasury departments of several large companies for 15 years, she turned to writing and consulting full time. She is the author of 17 business books, including 101 Best Practices for Accounts Payable, is a nationally recognized accounts payable expert and consultant and a frequent speaker at seminars, conferences and online events. She is the creator of the Institute of Financial Operations Accounts Payable Innovation Certificate program and several self-study courses for CPAs. Mary Schaeffer has a B.S. in Math from York College and a M.B.A. in Finance from New York University. She is a member of the Authors Guild and the New York Financial Writers' Association.


Price (USD)

Standard: $24.95


Course Code : 99SCH20

Release Date : 04/12/2019
Expire Date : 03/31/2022
Credits :
CPE 1.00
QAS 1.00

Course Level : Basic
Course Type : QAS Self-Study
Length : 50min
Passing Grade : 70%
Field Of Study : Accounting
Theme : Accounting Processing Best Practices

Format Type : eLearning
Mobile Compatible

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