How to Audit Procurement & Purchase-to-Pay

What you'll find inside

• Why the P2P cycle matters and the outcome to aim for
• A six-step approach from mapping request-to-payment to reviewing supplier performance and monitoring
• Key risk areas: master data, bank changes, approvals, sourcing, price changes and PO/receipt/invoice matching
• An auditor prompt and a quality check to test whether your evidence supports the conclusion
• Worked example: analytics such as duplicate invoices, payments without PO and spend just below approval thresholds
• Quick reference with practical reminders and a five-question mini self-check, including separating genuine emergencies from repeated “urgent” workarounds

Best for

• Internal Auditors
• Operational Auditors
• Finance Auditors
• Audit Managers

Resource information

Format:

PDF

Pages:

6

Price:

Free

Registration:

Not required