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 ...
This VITARA Reference Guide provides a solid understanding of audit as a key tool available to a tax administration to promote and enforce compliance. The guide explains international good practices ...