Focus & Features
Purchasing as a function has significantly evolved over time. With the increasing pressure to reduce cost at the entity level, do more with less, and an external environment with volatile commodity prices, this function is no longer a simple responsibility of creating a purchase request and placing a purchase order with the suppliers.
Far beyond its original core, it now requires a significant amount of knowledge and expertise across the broad fields of finance, product supply, engineering, and commercial activities. Therefore, this necessitates looking at the function at an end to end level where an understanding on how supplier's products or services are eventually integrated to an entity's internal systems.
What You Will Learn
This program will provide an end to end Purchases Audit Training:
Sourcing – Vendor Master Data – Procurement – Accounts Payable
Purchase to Payment Strategies
Sourcing
Vendor Master Data
Procurement
Accounts Payable
Measuring P2P Performance
Executing a P2P Audit
Who Should Attend
This seminar is ideal for senior internal auditors, audit supervisors and managers who want to understand or are involved in the audit of the P2P process as well as non-auditors and other assurance providers with internal control responsibilities.
Number of CPE Units : 7
Cancellation & Substitution Policy