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Course Level :Basic
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Credits :2.5
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Pre-requisites :None
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Advance Preparation :None
In the realm of modern business, effective procurement practices play a pivotal role in ensuring success and sustainable growth. To achieve this, robust controls encompassing the purchasing, receiving, and accounts payable processes are indispensable.
This course provides participants with a clear understanding of key controls, empowering them to enhance, audit, or improve the procurement process. Whether you are a seasoned professional seeking a refresher or a newcomer looking to acquire critical skills, this course has you covered.
Major topics discussed in this E-book:
With insights into COSO's Internal Control-Integrated Framework and the Sarbanes-Oxley Act, participants will grasp the primary steps required to construct a robust system of internal controls, ensuring compliance with regulatory standards. It covers the purchasing process, including the four primary purchase process activities and identifying key documents that drive procurement operations. Process-specific controls related to the purchasing process will be examined in detail, along with considerations for periodic monitoring analysis and other procedures to optimize procurement practices.
Join this CPE Auditing Course it will guide you through the intricacies of internal controls and the purchasing process, enabling you to drive operational efficiency.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Owner, CPE Academy
Reid Conrad is a renowned CPA. With contagious enthusiasm, he engages audiences uniquely through text-based presentations. He is a distinguished renowned educator, and esteemed presenter in the realm of Accounting. With a passion that knows no bounds, Reid's presentations are infused with an infectious enthusiasm that captivates his audience.
Reid is a trailblazer in the field, sharing his knowledge exclusively through text-based formats. His mastery of the written word allows him to communicate complex Accounting concepts with exceptional clarity and precision, leaving a lasting impact on his audience's understanding.
CPE Academy is an educational firm comprised of CPAs with experience in public accounting, industry, internal audit, and university teaching. The principals have more than 40 years of experience and their public accounting experience includes audits for both large and small CPA firms with several large publicly traded clients. Their industry experience includes home building and oil and gas accounting. Their internal audit experience includes process reviews, contract audits, agreed upon procedures, and regulatory engagements. Their university teaching includes a wide range of accounting, auditing, data analytics, and tax courses. With the unique combination of extensive corporate experience and university level teaching the firm is able to offer exceptional educational material.
59 Ratings
JM
Dec 19th, 2023
Very similar to the Sales course but still informative. Had some trouble with a couple questions but customer support resolved them quickly.
TE
Aug 31st, 2023
Good course to determine Purchasing Risks
SB
Nov 27th, 2023
a good review course.
DT
Dec 18th, 2023
One question was worded incorrectly. It asked which was an element of the fraud triangle and it listed all 3 and ethics. It should have said IS NOT
RM
Oct 23rd, 2023
rferfer
