Purchasing Controls (CPE Course)
CPE Credit: 2 hours
Related Courses
Course Type: Downloaded PDF materials with online test
Price (with PDF Textbook): $25
Course Description
A massive amount of funding is channeled through the purchasing function, so it should be structured within a proper system of controls. In the Purchasing Controls course, we discuss all aspects of the purchasing process flow, the forms used, and the controls needed to ensure that purchasing activities are properly conducted. The course also addresses systems of internal control, control principles, types of controls, and several related issues.
Author: Steven Bragg
Course Number: AC1166
Learning Objectives
Recognize the characteristics of a system of internal controls.
Recall the situations in which it is possible to operate with weak controls.
Recognize the best types of controls.
Specify how a continuous controls monitoring system functions.
Recall the different types of controls that can be applied to the purchasing function.
Recall how supplier certification can contribute to the system of purchasing controls.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Accounting
Prerequisites: None
Advance Preparation: None
Latest Review Date: November 2023
Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.
AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
The NASBA sponsor identification number for Accountingtools, Inc. is 115881.
AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.