Key Process Controls – Credit (v23) – Self Study Course


Properly evaluating, setting, and monitoring customer credit limits can be important to companies for issuing credit and ultimately, collecting cash receipts. A clear understanding of the key controls in a process can benefit internal auditors, business managers, and others who want to understand, improve, or audit the process.  This course allows participants to become familiar with, or brush up on, basic internal control definitions and concepts.  The course also covers the credit process in detail.  Participants will learn the key credit process steps under both a manual and a computerized system.  While relatively few companies may still have a purely manual system covering a manual system will help an accountant, auditor, or business manager to better understand what the key documents received, created, and sent from the process are.