New Acctg. Requirements Mean More Work–and Opportunity for Credit Pros
January, 2003
At first glance, accounts payable professionals may assume that they will not be affected by the recent regulatory changes brought about by the numerous accounting scandals. Taking such a Pollyanna attitude is likely to cause the credit professional some surprise when the auditors come visiting. Already, several accounts payable managers have told Managing Accounts Payable that they are now required to certify the veracity of their records. Here’s what’s going on in the accounting community and what you can expect as the year-end audit begins.
2009
