Optimal Accounting for Payables

Price: $9.75

CPE Credits: 1.0

Category:

Course Number: AAOPAYSB

accounting for payables

Description:
The recordation and payment of accounts payable is a deeply inefficient process. Optimal Accounting for Payables shows how to enhance the basic process, as well as how to sidestep portions of it entirely. The result is a much more efficient and effective payables function. The course also notes the impact of these changes on closing the books, fraud, and the annual audit.
Table of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Steven Bragg, CPA

Publication: June 2018

Format: PDF
Pages: 24

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

• State the reasons why a payables system needs to make prompt payments.
• Cite the issues associated with a three-way matching system, and how they can be correct-ed.
• Recognize the alternatives available for reducing the amount of payables data entry.
• Recognize the advantages and disadvantages of a reverse lockbox system.
• Describe the problems associated with the production of manual checks.

Description:
The recordation and payment of accounts payable is a deeply inefficient process. Optimal Accounting for Payables shows how to enhance the basic process, as well as how to sidestep portions of it entirely. The result is a much more efficient and effective payables function. The course also notes the impact of these changes on closing the books, fraud, and the annual audit.
Table of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Steven Bragg, CPA

Publication: June 2018

Format: PDF
Pages: 24

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

• State the reasons why a payables system needs to make prompt payments.
• Cite the issues associated with a three-way matching system, and how they can be correct-ed.
• Recognize the alternatives available for reducing the amount of payables data entry.
• Recognize the advantages and disadvantages of a reverse lockbox system.
• Describe the problems associated with the production of manual checks.

  • “always love your site and prompt customer service !! ”  Dec. 2017

    - Thank you :)

  • I loved the course as it had current cases which I am familiar with. Best ethics course I have taken in recent memory. Thanks!”

    - Kathy

  • Your website was easy to navigate and informative.” “This was my first use of your resources but I’m sure it won’t be my last. Thank you for your excellent course material and succinctly stated instructions which expedited order and payment of course selection, completion of exam, and immediate availability of Certificate of Completion. A great experience. Thanks.

    - Draper