Accounts payable departments often do more than simply pay incoming bills and invoices. In a larger business, accounts payable employees are often responsible only for the accounts payable side of ...

The Sarbanes-Oxley Act seeks to prevent vendor and employee fraud that would otherwise stem from the exploitation of weaknesses in accounts payable controls. The act requires that controls be in place ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in ...

Keeping track of the money your business owes its suppliers and vendors is crucial to its financial health and long-term viability. That’s why all businesses need an accounts payable reporting process ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...