Credit Controls ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
A business can be severely harmed if it does not conduct an appropriate analysis of customer credit requests or bypasses them entirely. In the Credit Controls course, we discuss all aspects of the credit process flow, the forms used, and the controls needed to ensure that credit analyses are properly conducted. The course also addresses systems of internal control, control principles, types of controls, and several related issues.
Highlights
The genesis of accounting controls. Common fraud risk factors. Fraud triggers. Control system documentation. Terminating controls. Credit concepts. Credit process overview.
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs, and other accounting professionals.
Objectives
Recognize the characteristics of a system of internal controls. Recall the situations in which it is possible to operate with weak controls. Recognize the best types of controls. Specify how a continuous controls monitoring system functions. Recall why an analysis of business status is needed in a credit review. Specify the alternatives for a customer when the credit level is insufficient. Recall when a credit waiver can be applied to a customer’s credit request. Recognize the flow of documents associated with the credit analysis function.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $33.00
Member Price $29.00