Accounting Best Practices ON DEMAND
Available Until
Your Desk
12.0 Credits
Member Price $336.00
Non-Member Price $386.00
Overview
This course delivers hundreds of proven strategies to reduce costs, increase transaction speeds, and eliminate errors across all accounting functions. Get actionable guidance through on payables processing, payroll management, billing optimization, and cost accounting techniques that directly impact your bottom line. Learn how to implement automated matching systems that reduce labor-intensive processes, develop error-tracking systems that minimize costly mistakes, utilize advanced cash management strategies to improve profitability, and more. This course is a truly comprehensive examination of the best practices you need to succeed in your profession. Whether you’re managing a small practice or overseeing complex accounting operations, this course provides practical, immediately applicable practices for a noticeable difference in your ROI.
Highlights
Overview of best practices. Credit best practices. Billing best practices. Collections best practices. Cash best practices. Payables best practices. Payroll best practices. Commission best practices. Cost accounting best practices. General ledger best practices. Budgeting best practices. Financial statements best practices. Error-proofing excel spreadsheets. Records management best practices. Accounting management best practices
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs and other financial managers.
Objectives
Identify the benefits of using best practices. Specify how to improve upon a best practice. Describe the dangers of using best practices too much. Identify the quality considerations associated with credit activities. Specify how customers should be informed about a firm’s credit policy. Identify the red flags indicating customer financial trouble. Recall when a customized credit scoring system is most useful. Specify the indicators of creditworthiness. Describe how a check verification service works, and more.
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 $386.00
Member Price $336.00