Master Vendor File Best Practices to Strengthen Controls and Prevent Fraud (MLC474W)

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  60 minutes
  
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What Every Accountant Needs to Know About Master Vendor Files

Long neglected, the master vendor file is now the star of the show in corporate accounts payable practices. The emergence of new fraud controls, an increased attention to the importance of internal controls, new types of vendor portals, and heightened regulatory compliance requirements have all put master vendor file practices in the spotlight.

This session by expert speaker Mary Schaeffer will address the growing need for stronger internal controls surrounding the master vendor file as well as increased data requirements. Mary will discuss recent events that have revealed weak links in many companies' accounts payable practices, as well as procedures for verifying change requests that need to be updated.

Session Highlights

NASBA Category of Study: Accounting

Level: Basic

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Presenter

Mary S. Schaeffer, a nationally recognized accounts payable expert, founded AP Now, a membership organization focused on creating business intelligence around the accounts payable and payment function. She has written 18 business books and is a frequent and popular speaker at both online and live ev... More info

 


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