2018 - Purchasing Cards: Overcoming Risks and Creating an Effective Program

OVERVIEW
This purchase card training program will detail the components of a successful purchasing card program. It will also discuss implementing proper purchasing card controls, types of risk including fraud and misuse, auditing techniques, and more.
WHY SHOULD YOU ATTEND
If you don’t prepare your own profit and loss statement, you may not understand what yours are trying to communicate about your business’ financial performance. Many business owners and senior executives have stacks of reports they never look at because none of them seem to make much sense. Understanding your P&L is vital to small businesses because it also serves as the income statement. Whether it’s time to apply for business credit or a loan, or time to sell your business, you’ll need to bring your P&Ls going back 2 to 3 years. This webinar will help you understand the terms, format, and key performance indicators of profit and loss statements.
AREAS COVERED
• Why use purchasing cards
• Roles and responsibilities in purchasing card programs
• Commonly identified risks
• Components of a successful program
• How to audit your p-card program
• How to develop an effective purchase card policy
• Assessing risk
• Building preventive controls
LEARNING OBJECTIVES
• Determining how purchasing cards fit within the overall organization strategy
• Components of a successful purchasing card program
• Implementing proper purchasing card controls
• How to identify highest risk transactions including cybercrime
• Types of risk including fraud and misuse
• Auditing techniques
• Internal controls and governance
• Discussion of types of purchasing cards available
• How to avoid common purchasing card fraud
• Develop effective purchasing card policies
WHO WILL BENEFIT
• CFOs
• Controllers
• Procurement Professionals
• Accounts Payable Managers and Directors
• P-Card Administrators
• Internal Auditors
• Treasury Leadership
For more detail please click on this below link:
https://goo.gl/sbvXQv
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