Payables Controls
Design and implement effective controls over accounts payable to ensure that supplier invoices are processed accurately and paid on time. This course examines the full payables process flow, the documentation that supports it, and the controls required at each stage. You will apply core internal control principles, evaluate different types of controls, and address related system considerations, building a structured control environment for the payables function.
Format
PDF Course
Course Lists
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.
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