Tagged: contract to invoice to payment controls

Episode 264 — Contract/Purchase Order to Invoice to Payment Controls

Episode 264 — Contract/Purchase Order to Invoice to Payment Controls

The SEC knows that it has powerful enforcement tools. The FCPA provides two important requirements on issuers – keep accurate books and records and maintain internal controls to ensure that management’s accounting controls operate effectively to ensure proper use of corporate assets. The SEC knows these are broad requirements and has defined practical requirements.   One critical area of focus has been the SEC’s focus...