Accounting  |  Format: Flash

Often-Overlooked Internal Control Breakdowns in Accounts Payable and How to Fix Them

Course Overview
In this course, noted Accounts Payable specialist Mary S. Schaeffer looks at the often-overlooked areas where internal controls fall apart in accounts payable. She identifies nine often-overlooked areas, and delineates the controls that should be put in place to plug the weaknesses created by accounts payable process breakdowns. She also pinpoints the best practices every organization should use in its accounts payable function to ensure tight and effective internal controls.

Learning Objectives
After completing this course, the course participant should be able to:

  • Recognize what makes for strong control.
  • Recognize the roots of fraud.
  • Specify the controls that should be put in place to plug the weaknesses created by process breakdowns.
  • Identify best practices every organization should use in its accounts payable function to ensure tight internal controls.
  •    
    Catalog Number: 99SCH02
    CPE Credits: 1 Registry / 1 QAS
    Author: Mary S. Schaeffer
    Prerequisites/
    Advanced Preparation:
    None
    Course Level: Basic
    Field of Study: Accounting
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Oct 09, 2013 / Jul 01, 2020

     

     

     

     

     

     

    http://education.smartpros.com/includes/cpe/coursedetail.asp?CPECatalogID=25565&CourseID=14824