Payables Management ON DEMAND
Available Until
Your Desk
10.0 Credits
Member Price $290.00
Non-Member Price $334.00
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. This course 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. The course 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
Highlights
Payables. Invoice processing. Types of payments. Expense reimbursement. Procurement cards. Use taxes. Finance issues. Accounting for payables. Closing payables. Department management. Payables control. Payables fraud. Payables technology. Payables record keeping. Government reporting. Unclaimed property. Cost recovery. Payables measurements.
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. Specify the exclusions from expense reports. Recognize the steps used in the reconciliation of a procurement card statement, 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 $334.00
Member Price $290.00