Check out all about Process for Performing a Vendor/Contract Audit like it's date, time, location, organizer, venue and more.
Here are all the important info about Process for Performing a Vendor/Contract Audit.
Conducting vendor or contract audits demands a specific skill set for comprehending the contractual terms and conditions between a company and an external vendor responsible for outsourced products or services. The initial phase of shaping audit objectives and procedures involves grasping the inherent risks associated with these contracts. The central focus of these audits revolves around evaluating the vendor's activities within the contract. Notably, a substantial portion of the audit fieldwork is typically conducted at the vendor's office, offering a significant advantage to the auditor.
With an increased focus on outsourcing services within organizations, awareness of contract terms and conditions and how to audit them are invaluable to organizations. Taking a proactive stance on performing vendor audits on contracts can result in real dollar savings to organizations, not to mention invaluable comfort to Management that outside vendors are performing in accordance with the terms and conditions of given contracts. This course will provide you with a basic understanding of different contract terms, different ways to determine the scope of the audit given contract terms and conditions, and how to plan, perform, and report the results of a vendor audit. Examples of templates will be provided for every step of the audit process.
To understand how to perform vendor/contract audits and start to finish instructions and templates on how to perform this type of audit given the risks involved in contracts.
Marna Steuart has been in the audit industry for over twenty years. Ms. Steuart began her career with a Big Four firm as an external auditor, then as an internal auditor in several different capacities within several different industries.
Ms. Steuart obtained her Certified Fraud Examiner license in 2007 and was the main fraud investigator for five years at a large utility company. She was responsible for performing and updating the fraud risk assessment on an annual basis and conducting over fifty internal fraud investigations during her time at this organization.
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Event will start from Nov 22, 2023.
Event will end on Nov 22, 2023.
Sheridan.
You can check out more info about the event at https://skillpreceptor.com/training/473/vendor-contract-audit-process.
United States.
Area pin code for the event is 82801 .
Disclaimer: Most of the events are self-listed by users, and their physical addresses are not verified by our team, so before visiting any event or joining online, must cross-verify the company or individual's details.
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