Noncompliance with accounts payable regulations means your organization could run into trouble with the IRS, various state regulatory bodies, the Department of Justice, Treasury and more. Negative publicity, fines, penalties, and in a few cases jail time are some of the fallouts that could result from ignoring these issues. When it comes to these matters, the governing bodies have no senses of humor and ignorance is no excuse.
Many companies used to rely on writing abatement letters and apologizing to get the fines and penalties reduced or eliminated. But now the old tricks aren’t working: There have been numerous reports that the IRS is taking a firmer stance by not granting as many abatements as in prior years.
In this practical webinar, you’ll learn what every organization should be doing when it comes to OFAC, FCPA, ACA, IRS and T&E rules, use tax, unclaimed property, and more. Upon successful completion of this course, you will be able to:
- List which regulatory issues need to be addressed
- Identify potential shortfalls in a company’s operations with regard to regulatory issues
- Recognize regulatory operational loopholes
- Implement processes to ensure regulatory compliance for your organization on all issues applicable to the payment function
CPE Credit: Participants can earn up to 1.5 CPE credits in the Tax field of study. Please note that CPE credit is only available for viewing the live program. Participants can also earn SHRM and HRCI credit.
100% Money-Back Cancellation and Refund Policies: If you can’t make the live webinar, you may cancel at any time before the webinar begins for a full refund. If you are not satisfied with the webinar, we will provide you a full refund. For more information regarding refund, complaint and program cancellation policies, please call us at 703-372-0550.
Program Level: Beginner
Advanced Preparation: None
Instructional Method: Group-Internet Based