Check Signing: An Accounts Payable Internal Control or a Complete Waste of Time

Опубликовано: 09 Июль 2024
на канале: AP Now

151

Manual signing of checks in accounts payable, or at least checks deemed to be sufficiently large enough to require qn extra review, is still a common occurrence in quite a few organizations. Often the financial controller will require this along with other accounting stuff. If this really a good idea or does it just give management a false sense of security? Make sure you stick around until the end when we reveal the instances when getting a manual signature on checks is actually a bad idea. #paymentsindustry

#accountspayable #accountspayableinternalcontrolls

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