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3 ways to improve your vendor management Logo cgma

  Donna Galer and Al Decker |   Free |   AICPA and CIMA |   29 Mar 2016 |   CGMA Magazine

Most companies hire vendors in the course of doing business. Senior management and corporate boards justifiably have questions and concerns about how to protect against vendors’ actions that might produce a loss. This article describes three methods to adopt for better vendor management.

Topics covered:
  • Management accounting: Technical: Risk management & internal control: Risk response & reporting, Foundational