IAPP - Internal Controls

Course Description
Accounts payable will always be on the “radar” as a process that generates most of the company’s cash. It is a process that is always scrutinized to ensure that internal controls are in place to detect and prevent fraud and to ensure that payments are accurately made to valid vendors. Weak controls can greatly impact working capital if a duplicate or erroneous payment is made. This e-Seminar focuses on the implementation of internal controls best practices for accounts payable. We will discuss the identification of risk to establish the key controls and control activities for the accounts payable process. We’ll look at vendor master controls, P-Card controls, and disbursement controls. We’ll also provide templates and tools to implement an Accounts Payable Controls Self-Assessment program. Lastly, the participants of this e-Seminar will be armed with key controls for segregation of duties, delegation of authority, information technology, and systems access.

About the Implementing a Control Self Assessment Program in Your AP Department Handbook

IAPP will soon be releasing the Implementing a Control Self Assessment Program in Your AP Department handbook, which draws upon the 30-year career and experience of its author, Chris Doxey, CAPP. The e-learning program leverages the material in the handbook Click HERE to pre-order your copy today!

Recommended Attendees
• VP of Finance/Controller
• Directors of Accounts Payable and Corporate Transaction Processing
• Managers/Supervisors and Team Leads of Accounts Payable, Purchasing and Corporate Transaction Processing
• Accounts Payable Associates Interested in Enhancing Their Careers

REGISTER NOW!

Members: $495
Non-members: $595 (This price includes one year of IAPP membership!)
*Group members can register for just $445 when registering three or more members! Contact the education department at aptraining@theiapp.org to recieve your discount.

Successful completion of this e-seminar qualifies you to receive up to 9.5 CPE credits.

Course Schedule and Curriculum
Session One: Introduction to Internal Controls
October 6, 2010; 11:00 a.m. - 1:00 p.m. ET

Topic	Timing (minutes)
Introduction and Background • E-Learning Process • Review of Session One Agenda • Introductions	10
Definition of Internal Controls • The History of Internal Controls • The Importance of Sustainable Controls Program • Corporate Governance	30
What are Standards of Control? • Risks and Control Activities for Accounts Payable • Identifying Key Controls	30
Standards of Control that Impact Accounts Payable • Procurement • Receiving • System Access • General Computing Controls	30
Assignments	10
Q&A	10

Session Two: Vendor Master Toolkit and Disburesements and P-Card Controls
October 13, 2010; 11:00 a.m. - 1:00 p.m. ET

Topic	Timing (minutes)
Introduction and Assignment Review from Session One	15
Vendor Master Toolkit • W9s and TIN-Matching • Vendor Validation Toolkit	30
Disbursement Controls • Controls for Checks • Controls for ACH • Foreign Corrupt Practices Act Awareness	30
Controls for P-Cards	15
Assignments	15
Q&A	15

Session Three: Segregation of Duties and Delegation of Authority Controls
October 20, 2010; 11:00 a.m. - 1:00 p.m. ET

Topic	Timing (minutes)
Introduction and Assignment Review from Session Two	15
Segregation of Duties • Process and Systems Conflicts • Components of a Segregation of Duties Policy	30
Delegation of Authority • Best Practices for Implementation • Components of a Delegation of Authority Policy	30
Why SoD and DoA are Key Controls	15
Assignments	15
Q&A	15

Session Four: Implementing an Accounts Payable Controls Self-Assessment (CSA) Program
October 27, 2010; 11:00 a.m. - 1:00 p.m. ET

Topic	Timing (minutes)
Introduction and Assignment Review from Session Three	15
Definition of a CSA Program	10
Components of a CSA Program for AP	10
The Benefits of a CSA Program	20
Utilizing Standards of Internal Control	20
Internal Control Best Practices	30
Wrap Up and Q&A	15

Presented By...
Chris Doxey has over 30 years of experience in finance and accounting at Digital Equipment Corporation, Compaq, Hewlett Packard, and MCI. She held senior management positions in payroll, procurement, logistics, and accounts payable. She was recruited to lead the Sarbanes Oxley program for MCI (formally WorldCom). Chris developed and led corporate wide internal controls programs and developed financial architecture programs for transactional and system integration at Compaq and Hewlett Packard. She has a BA in English, a BS in Accounting, an MBA in Finance and Marketing, and a Graduate Certificate in Project Management. She is a CAPP and holds a CCSA designation from the IIA. She is a sought after speaker and has written several articles for White Collar Crime Fighter and Compliance Week. Chris authors the controls center column for the AP Matters magazine.

Do you have a question regarding this e-seminar? We have your answer at aptraining@iappnet.org.