Payables Management FLEXCAST
Available Until
Your Desk
10.0 Credits
Member Price $49.00
Non-Member Price $56.00
Overview
Are you grappling with the challenge of managing a deluge of supplier invoices and employee check requests? The intricacies of balancing rapid payment demands with the critical need for thorough investigation can be daunting. “Payables Management” is here to transform this challenge into an opportunity. This course delves into crafting an efficient payables system that not only minimizes costs but also tightens control over payments. It explores the pain points of managing use taxes, closing books, and payables controls, offering practical solutions. Moreover, it addresses complex issues like unclaimed property and cost recovery efforts, providing clarity and actionable strategies. Designed for finance professionals, this course is an essential tool for developing robust payables systems and mastering varied transactions. Its comprehensive coverage makes it an indispensable reference for your professional growth.
Highlights
Payables. Invoice Processing. Types of Payments. Expense Reimbursement. Procurement Cards, and more.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Recognize the types of transaction cycles as well as the effects of the different organizational structures. Specify the effects of the matching concept and the use of adjustment documents in invoice processing. Identify the types of payments, their advantages, and when they are used, and more.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
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 $56.00
Member Price $49.00