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The Controllership Series - The Controllers Role in Procurement Function

 Various
 
1.2
Registration is Open
Member Price
$39.00 Regular Registration
Your Price
$59.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Thu, 06/19/2025 from 12:00 pm to 1:11 am
 Thu, 07/10/2025 from 3:00 pm to 4:03 pm
 Fri, 07/18/2025 from 5:00 pm to 6:03 pm
 Fri, 08/08/2025 from 9:00 am to 10:03 am
 Fri, 08/22/2025 from 11:00 am to 12:03 pm
 Thu, 09/04/2025 from 1:00 pm to 2:03 pm
 Mon, 09/22/2025 from 3:00 pm to 4:03 pm
 Fri, 10/03/2025 from 5:00 pm to 6:03 pm
 Sat, 10/18/2025 from 9:00 am to 10:03 am
 Wed, 11/12/2025 from 11:00 am to 12:03 pm
 Tue, 11/25/2025 from 1:00 pm to 2:03 pm
 Tue, 12/02/2025 from 3:00 pm to 4:03 pm
 Fri, 12/12/2025 from 5:00 pm to 6:03 pm
Designed For:

Controllers, Accountants, CFO, Finance Professionals, Operational Professionals, Auditors

Prerequisite:

None

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.

 

Delivery Method: Individual webcast
CPE Credit: Accounting, Auditing
Program Level: Basic

Sponsors

For Technical Support: 
Please contact the ACPEN Help Desk at (877) 602-9877, [email protected]   or visit https://vscpa.acpen.com/Support/. The Help Desk is available by phone 24/7, 365 days a year. Allow 1 business day for email

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

Speakers

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) 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: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.