Self-Study
Purchasing Controls
Establish effective purchasing controls and internal control systems.
$58.00 – $78.00
Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
2 Credits: Accounting
Course Level
Overview
Format
Self-Study
Course Description
A massive amount of funding is channeled through the purchasing function, so it should be structured within a proper system of controls. In the Purchasing Controls course, we discuss all aspects of the purchasing process flow, the forms used, and the controls needed to ensure that purchasing activities are properly conducted. The course also addresses systems of internal control, control principles, types of controls, and several related issues.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Recognize the characteristics of a system of internal controls.
- Recall the situations in which it is possible to operate with weak controls.
- Recognize the best types of controls.
- Specify how a continuous controls monitoring system functions.
- Recall the different types of controls that can be applied to the purchasing function.
- Recall how supplier certification can contribute to the system of purchasing controls.
Course Specifics
SS124374830
February 27, 2024
There are no prerequisites.
None
51
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and …
QAS Self-Study
