Payables Controls
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.
Format
PDF Course
Level
Overview
Duration
2 Hours
Course Information
Author: Steven Bragg
Learning Objectives
Level: Overview
Course Number: AC1168
Learning 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.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Accounting
Prerequisites: None
Advance Preparation: None
Latest Review Date: November 2024
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.