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Live Webcast Replay

The Controllership Series - The Controllers Role in Procurement Function

Total Credits: 1.2 including 1 Accounting - Technical, .2 Auditing- Technical

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Not yet rated
Categories:
ACPEN Industry Institute |  Accounting and Auditing |  Personal Development
Speaker:
Lynn Fountain
Course Levels:
Basic
Duration:
1.2 Hours
Product Type:
Live Webcast Replay
License:
Product Setting: Expires 30 day(s) after program date.
Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.
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Description

The procurement function is a critical area of organizations where spend is a top priority. The Controllership function is involved in spend management. It is logical that the Controller should take a role in working with the procurement function.

The procurement function may report to various areas within an organization including the Chief Operating Officer (COO), Chief Procurement Officer (CPO), Chief Executive Officer (CEO) and the Chief Financial (CFO) or Accounting Officer (CAO). Regardless of the reporting line of the function, the accounting and controllership functions must have an integral understanding of all processes involved within procurement. This understanding assists the controller and accounting area in properly optimizing and controlling costs associated with the process.

 

Basic Course Information

Learning Objectives
  • Defining the typical procurement process
  • Defining procurement vs. the Controller’s role in purchasing
  • The procurement process and its ties to the controllership process
    • Examine a job description of a potential Procurement Controller
    • Examine the Financial Controllers potential role in the procurement process
  • Ways to synergize the Controller’s role with procurement
  • Examine other potential responsibilities for the Controller

Major Subjects
  • Accounting
  • Finance
  • Procurement

Course Materials

Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) Available after Purchase
The Controllers Role in Procurement Function Handout (1.6 MB) Available after Purchase
The Controllers Role in Procurement Function Terms (13.2 KB) Available after Purchase

Speaker

Lynn Fountain's Profile

Lynn Fountain Related Seminars and Products

Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.

Dates

Mon, May 20, 2024 - 03:00pm to 04:11pm CDT
Fri, May 31, 2024 - 09:00am to 10:11am CDT
Mon, Jun 03, 2024 - 10:00am to 11:11am CDT
Thu, Jun 20, 2024 - 11:00pm to Fri, Jun 21, 2024 - 12:11am CDT
Sat, Jun 29, 2024 - 09:00am to 10:11am CDT
Thu, Jul 18, 2024 - 06:00pm to 07:11pm CDT
Mon, Jul 29, 2024 - 02:00pm to 03:11pm CDT
Mon, Aug 12, 2024 - 03:00pm to 04:11pm CDT
Fri, Aug 23, 2024 - 09:00am to 10:11am CDT
Fri, Sep 06, 2024 - 10:00am to 11:11am CDT
Tue, Sep 17, 2024 - 11:00pm to Wed, Sep 18, 2024 - 12:11am CDT
Sat, Oct 05, 2024 - 01:00pm to 02:11pm CDT
Wed, Oct 23, 2024 - 02:00pm to 03:11pm CDT
Tue, Nov 12, 2024 - 06:00pm to 07:11pm CST
Mon, Nov 18, 2024 - 09:00am to 10:11am CST
Sat, Nov 23, 2024 - 06:00pm to 07:11pm CST
Fri, Dec 13, 2024 - 10:00am to 11:11am CST
Mon, Dec 23, 2024 - 11:00pm to Tue, Dec 24, 2024 - 12:11am CST
Tue, Jan 14, 2025 - 01:00pm to 02:11pm CST
Fri, Jan 24, 2025 - 02:00pm to 03:11pm CST
Thu, Feb 06, 2025 - 03:00pm to 04:11pm CST
Mon, Feb 17, 2025 - 09:00am to 10:11am CST
Thu, Mar 13, 2025 - 06:00pm to 07:11pm CDT
Tue, Mar 18, 2025 - 11:00pm to Wed, Mar 19, 2025 - 12:11am CDT
Sat, Mar 29, 2025 - 09:00am to 10:11am CDT
Thu, Apr 03, 2025 - 01:00pm to 02:11pm CDT
Tue, Apr 15, 2025 - 02:00pm to 03:11pm CDT
Fri, May 09, 2025 - 03:00pm to 04:11pm CDT
Wed, May 21, 2025 - 09:00am to 10:11am CDT
Tue, Jun 03, 2025 - 10:00am to 11:11am CDT
Wed, Jun 18, 2025 - 11:00am to 12:11pm CDT

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For Controllers, Accountants, CFO, Finance Professionals, Operational Professionals, Auditors
Original Recording Date 01/01/2024
Course Developer Lynn Fountain
Date Added to Catalog 02/05/2024
Yellow Book No

Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199). 


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


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