Purchasing activities typically represent a large percentage of expenses and take many forms in the procurement of goods, services and supplies required to meet everyday business needs. These items must be acquired efficiently and at an optimal price to keep production and service activities in motion without disruptions. This webinar covers the risks inherent in the procurement function, the strategic alliances that are often made, the information systems used, the management processes it affects and the bidding, vendor selection and contracting processes.
You should attend because Purchasing plays a critical role in every organization’s ability to meet its goals and objectives, yet it also constitutes a high-risk function.
Staff and Senior Auditors, Internal and External Auditors, Audit Managers and Purchasing personnel.
You will learn how to perform value-added audits of the purchasing function from the identification of the objectives, best practices, key risks, essential controls, and test procedures.
Use the table below to select the time and location that works best for you.
ACI Learning 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.