Webinar: The Controllership Series - The Controllers Role in Procurement Function
WB1266 | Course | Basic | Scheduled
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.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 1.20 | Accounting |
Designed For
Controllers, Accountants, CFO, Finance Professionals, Operational Professionals, Auditors
Prerequisites
None
Highlights
- Accounting
- Finance
- Procurement
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
Preparation
None
Notes
This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.
Prices
- Member (Early Bird)
- $39.00
- Non-Member (Early Bird)
- $59.00
- Member
- $39.00
- Non-Member
- $59.00