Description:
Accounts Payable (AP) isn’t just about paying bills—it’s a key part of keeping your financial reporting accurate and reliable. That’s why it’s a focus area for Sarbanes-Oxley (SOX) compliance. This session breaks down SOX requirements in plain language and walks you through practical controls to ensure payments are authorized, accurate, and complete. You’ll learn how to document and test controls, prevent common errors, and prepare for audits without stress.
Whether you’re in AP, finance, operations, or supporting compliance efforts, this course equips you with clear, actionable steps to strengthen processes, protect your organization, and feel confident in your role.
Who This Is Designed For: AP staff, finance and accounting professionals, operations managers, and compliance support teams looking to understand SOX requirements and implement practical controls that protect financial reporting.
Agenda:
Why AP matters for SOX compliance and financial reporting integrity
Key control objectives: accuracy, completeness, and authorization
Core AP controls: vendor setup, invoice approvals, and payment reviews
How to test and document AP controls for audits
Common weaknesses in AP processes and practical fixes
What You’ll Learn
Explain how SOX applies to AP processes in plain terms
Identify and implement effective internal controls for AP
Document and test controls with audit-readiness in mind
Spot and correct common AP control issues before they become problems