Auditing contracts is a necessary function for internal auditors. Organizations negotiate, execute, and deliver a variety of contracts with both vendors and customers. The risks associated with contracting can be significant and evolving. It’s critical for organizations to properly manage its contracts in light of those risks.
In this instructor lead presentation we’ll discuss the trending topics within contract auditing. We’ll discuss hot button issues that internal auditors should consider when developing their audit programs. We’ll also provide current examples where these issues have come to light.
• Sufficient internal policies and procedures
• Contract Set up process and establishment of key elements
• Subcontract management process
• Invoicing and Terms and Conditions
By the end of this presentation, participants will better understand the emerging issues.
Presenter: Allen B. Devine, CPA, CGFM
Course Duration: 2 hours
CPE Hours Available: 2 NASBA
Knowledge Level: All levels
Field of Study: Auditing
Member: $45 register and pay by 11/6/13| $55 register and/or pay after 11/6/13
Non-member: $55 register and pay by 11/6/13| $65 register and/or pay after 11/6/13