Topics
- Learning Objectives
- Overview of the Course Material
- The Corporate Impact of the P2P Business Process
- Introduction to the Purchase to Pay (P2P) Business Process
- The Three Critical Corporate Controls
- Introduction to the Internal Controls Questionnaire (ICQ) and Standards of Internal Control Approach
- Segregation of Duties (SoD)
- Delegation of Authority (DoA)
Component 1: Procurement
- Systems Access
- Requisition Management
- Contract Management and Controls
- Procurement Case Studies
- Purchase Order Management
- Evaluation Receipt Settlement (ERS)
Component 2: The Receiving Process
- Receiving Case Studies
- Purchase Order Matching
- The Top Twenty AP Controls
Component 3: The Accounts Payable (AP) Process
- Invoice Processing
- Supplier Master File
- P-Cards
- Disbursements
- AP Case Studies
- Accounting and Closing Controls
- The Impact of Regulatory Compliance on Your Supplier Master
Component 4: Special Accounts Payable (AP) Topics
- Trends in P2P Internal Controls
- Anti-Corruption Controls and the Foreign Corrupt Practices Act (FCPA)
- Controls Self-Assessment (CSA)
- Continuous Controls Monitoring (CCM)
- Automation
Who should Attend
- Accounts Payable Managers and Directors
- Procurement Managers and Directors
- Internal Audit Executives
- Shared Service Executives
- Controllers
- Internal Control Professionals
- CFOs
