A company can greatly increase its exposure to risk
when it shifts processes to a supplier. The auditor can investigate and report on these risks, as described in the How to Audit Outsourced Functions course. It also addresses the need for early auditor participation in any outsourcing arrangement, in order to participate in due diligence and contract formulation activities. The course goes on to describe continuing auditor activities, additional concerns related to offshoring, relying on the work of others, and related matters.
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August Course Discount The accounts payable function represents one of the
greatest opportunities for increasing efficiencies within the accounting department. Payables Management shows how to set up and run the payables function, including many tips for operational improvements. The course also explores the accounting for payables transactions, record keeping, measurement systems, unclaimed property reporting, cost recovery activities, use taxes, and more. |
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