For many companies, Accounts Receivable is the largest or second largest asset on the balance sheet. Therefore, any weakness in the financial controls for A/R could have a serious impact on the company's financial statements. Since Accounts Receivable departments interact with almost every other department in the company, weak controls in A/R can lead to increased risk in other areas.

1. SOX :
Internal Controls
for Accounts
Receivable
MikeMorley

2. Description:
For many companies, Accounts Receivable is the largest or second
largest asset on the balance sheet. Therefore, any weakness in the
financial controls for A/R could have a serious impact on the company's
financial statements.
Since Accounts Receivable departments interact with almost
every other department in the company, weak controls in A/R can lead
to increased risk in other areas.

3. Objectives of the Presentation:
•To discuss in detail about :
•Segregation of duties
•Cash application controls
•Bad debt reserves
•Credit policy
•Collateral controls
•Invoice accuracy
•The approval process
•The role of IT systems
•Integrating SOX into daily routines

4. Why Should you Attend:
This presentation will provide you with the tools you need to establish
and maintain strong internal controls in the A/R department that meet
Sarbanes-Oxley standards.
Who can Benefit:
•Credit Professionals required to co-certify
•Accountants
•Financial Managers
•Financial Controllers
•Company Executives
•Anyone involved in the SOX A/R compliance process

5. Reach us on :
Our links
www.onlinecompliancepanel.com