When it comes to fraud prevention, strong internal controls are front and center. They provide the very groundwork for fraud deterrence and prevention. And, they are an integral part of every effective accounts payable function. What is surprising is that even though most organizations know what these practices are, they often choose to take shortcuts and ignore some of them. What’s more, they don’t stay constant, unfortunately. So this means that internal controls need to be reviewed on a periodic basis. In this course, industry expert Mary Schaeffer take a look at established internal control best practices that are frequently ignored, some new best control practices as well as control practices that relate to the master vendor file. Table of Contents
Delivery Method: Online QAS Self Study.
Advanced Preparation: None