Why accounts payable process should have internal controls?

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When an auditor tests the internal controls of a computerized accounting system,...
Posted by:
Khawar
06-September-2013

Accounts Payable

Question added by Hazim Hassan, CMA, CIFR , Finance Manager , Al-ghanim & Debbas Gen. Trd. Co
Date Posted: 2017/12/15

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Hazim Hassan, CMA, CIFR

by Hazim Hassan, CMA, CIFR , Finance Manager , Al-ghanim & Debbas Gen. Trd. Co

prevent paying a fraudulent invoice
prevent paying an inaccurate invoice
prevent paying a vendor invoice twice
be certain that all vendor invoices are accounted for

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