"Accounts Payable and Sarbanes-Oxley cements Mary Schaeffer's reputation as the premier authority on accounts payable. She provides great detail on all aspects of the payables systems needed to comply with Sarbanes-Oxley. A must for every controller's bookshelf!" —Steven Bragg, Premier Data Services "Mary Schaeffer has done it again! America's most accomplished accounts payable expert has written another authoritative and comprehensive work. This time she takes aim at internal controls and the Sarbanes-Oxley Act as they impact the payables function. Whether or not you are required to comply with the Act, this book will help you meet the challenges facing professionals who demand effective and efficient controls both now and in the future. This book is an enormous resource and blueprint for any financial professional." —Bob Lovallo, President, Pinpoint Profit Recovery Services, Inc.
"There are many guides to complying with Sarbanes-Oxley yet this text is the first I have seen that provides accounts payable departments with a game plan, both from a mile-high and an in-the-trenches viewpoint. Even if you are not concerned with SOX, this guide provides the foundational control framework and best practices for any accounts payable department." —Richard B. Lanza, CPA/CITP, CFE, PMP, President, Cash Recovery Partners L.L.C
"Mary Schaeffer's book provides clearly written guidance on the causes, consequences, and best practices for accounts payables internal controls. Every accounting, auditing, and information technology professional who deals with accounts payable will find some useful suggestions in this book." —Dr. Will Yancey, CPA, independent consultant
"If you only read one book on the duties and responsibilities of the accounts payable representative-make it this one. Ms. Schaeffer is absolutely brilliant at explaining the impact the Sarbanes-Oxley Act will have on the organization and its accounts payable procedures. Whether you are a seasoned accounts payable representative or just new to the position, this book will help you to become firmly grounded in your ability to perform your role in the accounts payable department." —Jerry W. Michael, President, IRSCompliance.org
The accounts payable blueprint to becoming Sarbanes-Oxley compliant
The Sarbanes-Oxley Act provides a rigorous discipline that can be used by all organizations, regardless of whether they are publicly traded or not. Strong internal controls and segregation of duties should become a standard way of thinking rather than something required by law. Accounts Payable and Sarbanes-Oxley provides a comprehensive overview of the Act and lays out the necessary guidelines that affect accounts payable to ensure compliance in the accounts payable department.
As a financial professional from NY I was pleased to find Schaeffer's book covered the issues from top to bottom for the AP Department.
She covers all the aspects of Sarbanes - Oxley and it's impact on the AP Department.
I no longer wonder if I missed something or there could be something uncovered by the auditors that I should have addressed.
I really liked this book. When I first picked it up I was curious how the author would deal with such a narrow topic. Wrong - not only didn't she struggle to 'fill up' the pages, but one gets the impression she could have easily stretched the discussion out for a few more chapters.
If you're concerned about internal controls impacting Accounts Payable, or if you're concerned about strengthening internal controls due to SOX requirements, then you owe it to yourself to pick up this book. Mary often consulted with those 'on the ground' and shares what she learned with the readers. Examples include: SOX subcertifications, problems with SAS 70 reports, real world invoicing and purchase card issues, real world vendor 'master file' issues, T&E processing, escheatment, 1099 reporting and more.
If you're stuck in the mud of SOX and can't get out, this book isn't a spiffied up BMW about as useful as a tuxedo at a bull roast. Rather it's the neighborly pickup truck with a handshake, a chain and a smile.
Product Details :
- Hardcover: 208 pages
- Publisher: Wiley; 1 edition (March 31, 2006)
- Language: English
- ISBN-10: 0471785881
- ISBN-13: 978-0471785880
- Product Dimensions: 0.8 x 6.1 x 9.1 inches
More Details about Accounts Payable and Sarbanes-Oxley: Strengthening Your Internal Controls, 1st Edition
No comments:
Post a Comment