Webinar Details
Course Description
This webinar will break down how organizations acquire goods and services, pay for them, and accurately classify and report those transactions. From a controls perspective, we’ll explore how timing differences between receiving resources and paying cash impact key accounts like inventory, fixed assets, expenses, accounts payable, and accrued liabilities—and how to keep your reporting clean and reliable.
Learning Objectives
- Identify the objectives and limitations of Purchasing Expenditure Cycle Accounting Controls
- Explore the process for risk assessing Purchasing Expenditure Cycle Accounting Controls
- Recognize the importance of Purchasing Expenditure Cycle Accounting Control Goals
Prerequisites
- None
Who Should Attend
CPAs, accounting/finance professionals who work with procurement or purchasing.
Advanced Preparation
None
Presenter Details
-
Doug Menendez
- Presenter
Doug has over 40 years of experience in IT Audit, Security, Compliance, and Risk Management in a variety of industries. He is currently an Instructor in Webster University’s nationally recognized Cybersecurity program. Doug holds an MBA from Saint Louis University, and is a Certified Internal Auditor (CIA) and Certified Information Systems Auditor (CISA). He served on the Board of Directors of CyberUp, A St. Louis-based nonprofit organization that focuses on cybersecurity apprenticeships and youth education programs. Doug was also on the Executive Committee of GHECC, the Gateway Higher Education Cybersecurity Consortium. He is a published author in books and professional journals, and is an experienced speak... Read more
NASBA Sponsor
-
Encoursa 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: NASBAregistry.org.
Date & Time
CPE
-
Webinars: CPE certificates will be accessible through your dashboard 1 hour after a webinar concludes.
Self-Study: CPE certificates will be accessible through your dashboard immediately after passing the qualified assessment.
For specific instructions on accessing your CPE, please see our FAQ section on our support page.
- Multiple Attendees on Webinars: Each attendee should register separately for the webinar. If more than 1 attendee participated from the same device, please contact us after the event to let us know. For group signups for paid events, please contact us.