Audio Conferences

  July 18, 2006 at 02:00PM ET

Like it or not, AP is the last stop for every dollar in your company’s cash outflow. And, without strong internal controls, you simply cannot protect your company from the penalties and problems that come with unreported liabilities like fraud, financial misstatements, and unclaimed property.

Look like a star in your next process audit! Join IOMA and our expert faculty for this informative audio conference. We’ll show you how to effectively review your internal controls, and why it’s now more important than ever.

In just 90 minutes, you’ll discover:

• The importance of AP internal controls as gatekeeper to your company’s financials and Sarbanes-Oxley compliance.
• How utilizing a defined process to review your AP operations can help you:
• Understand and identify key risks of error and fraud
  • Categorize all controls within your environment to mitigate the risks
  • Focus on those key controls that “keep the ship afloat”
  • See where you can automate controls for improved efficiency
  • Reduce controls that are inefficient or duplicative
  • Set an ongoing plan for ensuring controls are effective
• How it really works: some real-life examples of the process in action

FEATURED FACULTY:

Rich Lanza, President, Cash Recovery Partners, L.L.C.

Rich Lanza, (CPA-CITP, CFE, PMP) is president of Cash Recovery Partners, L.L.C. focusing on using audit and assurance software to improve business intelligence, increase efficiencies, and identify bottom-line savings. He was recently awarded the prestigious Outstanding Achievement in Commerce Award from the Association of Certified Fraud Examiners.

Tim Harder, Director of Expense Payable and of Merchandise Payable Vendor Relations, Toys "R" Us

Mr. Harder is the Director of Payables for all domestic non-merchandise spend as well as the Director of Vendor Relations for all domestic merchandise inventory purchases. He played an integral role in re-engineering the company’s P2P process, for which the Aberdeen Group recently named them a “best-in-class e-procurement performer.” Previously, he managed consumer receivables where he pioneered retail risk management models and conducted fraud prevention training.