An accounts payable audit can be the sole focus or a portion of a full internal audit. General audit strategies are the same, however, regardless of the reason or reasons for which it's taking place.

Businesses face specific inherent risks within accounts payable. Among these are the risk of erroneous overpayments to vendors, negligent underpayment or nonpayment of invoices, and payments to ...

Image: Structured payable programs have become increasingly popular in recent years as companies and their lenders search for new ways to access working capital. But according to Robert Rostan, CFO ...