ACL白皮书-旅行-娱乐支出控制保证.pdfVIP

ACL Continuous Controls Monitoring Controls Assurance for Travel Entertainment Expenses D I S C U S S I O N P A P E R T R AV E L E N T E RTA I N M E N T E X P E N S E S B AC K G R O U N D The current business and regulatory environment has caused corporate executives and financial managers to bring a renewed focus to cost containment strategies both to improve profitability and drive down the cost of compliance. To control costs, they need to streamline internal processes including the monitoring of internal controls, negotiate better deals with key suppliers, and improve overall management of capital. As a result, financial executives understand that they must implement technology solutions that achieve these goals and improve the effectiveness of financial controls and reporting. Travel and entertainment (TE) expenses represent a major source of discretionary spending for many organizations, and can easily involve expenditures of millions of dollars each year.