5-hr APS Certification Course on P2P Standards of Internal Controls

This two-part five-hour certificate program focuses on internal controls leading practices and standards for the Procure to Pay (P2P) process. Attendees will learn about internal controls best practices by focusing on the Internal Controls Questionnaires (ICQ) for each component of the P2P process. Participants in this program will obtain a certificate in Procure to Pay (P2P) Standards of Internal Controls from the American Purchasing Society (APS).

Why Should You Attend:

This new and exclusive certificate program will highlight the impact that the P2P process can have on an organization and will emphasize the key risks that must be considered within a P2P internal controls program. The program will follow an Internal Controls Questionnaire (ICQ) approach to the presentation material that will review each key transaction within the P2P process.
This knowledge will then be applied to the analysis of real life case studies from all the components of the P2P process that include: procurement, receiving, and accounts payable (AP). The attendees will have a unique opportunity to discuss “what went wrong” and determine the key internal controls that were missing. The instructor will spotlight the three critical corporate controls, the standards of internal control for P2P, and the top twenty controls for AP.
Attendees will learn all about the dependencies and interdependencies of the P2P process and its crucial impact on all supplier disbursements. The program will review the impact of regulatory compliance on the P2P process and will discuss current trends in the internal controls process.
Learning Objectives:
Understand the three corporate critical controls and how to implement the policies and procedures to enforce them.
Be able to identify the control risks and “fraud flags” within the P2P process.
Be able to define and implement the Top Twenty Controls for the accounts payable process.
Develop an Internal Controls Questionnaire (ICQ) for each component of the P2P process.
Define the regulatory requirements that impact the P2P process.
Apply concepts and tools to real life fraud case studies and define the internal control weaknesses.
Define an action plan on how to implement a new or enhanced P2P internal controls program.
Apply current trends in internal controls program to enable continuous controls monitoring and other best practices.
Understanding of the material will be validated via polling questions.
Obtain an exclusive certificate in Procure to Pay (P2P) Standards of Internal Control.

Areas Covered in the Webinar:

Overview of the Course Material
Learning Objectives
Introduction to the Purchase to Pay (P2P) Business Process
The Corporate Impact of the P2P Business Process
Introduction to the Internal Controls Questionnaire (ICQ) and Standards of Internal Control Approach
The Three Critical Corporate Controls
Delegation of Authority (DoA)
Segregation of Duties (SoD)
Systems Access
Component 1: Procurement
Contract Management and Controls
Requisition Management
Purchase Order Management
Procurement Case Studies
Component 2: The Receiving Process
Evaluation Receipt Settlement (ERS)
Purchase Order Matching
Receiving Case Studies
Component 3: The Accounts Payable (AP) Process
The Top Twenty AP Controls
Supplier Master File
Invoice Processing
Disbursements
P-Cards
Accounting and Closing Controls
AP Case Studies

For Registration - http://www.complianceonline.com/p2p-standards-of-internal-controls-aps-certification-course-webinar-training-704195-prdw?channel=worldconferencecalendar

Note: Use coupon code and get 10% off on registration, Valid till Dec 31st 2016