Accounts Payable Audit Checklist

What you'll find inside

• Invoice processing checks: controlled channels, PO and receipt matching, non-PO invoice approval, tax and terms, credit notes and cancellations
• Payment control checks: reviewed payment proposals, bank details matching master data, release authority, urgent payments and returned payments
• Analytics: duplicate invoices, payments below limits, recently changed bank accounts, weekend, round or split payments and aged debit balances
• Risk prompts on control bypass, one-person control of an outcome and exceptions that have become normal practice
• An “evidence to retain” list for your workpapers, plus a Done / Review / N/A status key, with space for auditor notes and testing exceptions
• A completion page with six closing checks and a final conclusion, owner and follow-up date

Best for

• Internal Auditors
• Finance Auditors
• Senior Internal Auditors
• Compliance Professionals

Resource information

Format:

PDF

Pages:

6

Price:

Free

Registration:

Not required