Accounts Receivable Best Practices

Price: $23.49

CPE Credits: 2.5

Category:

Course Number: AACMCARBP

accounts receivables

Description:
This course reviews best practices in the accounts receivable function of small to medium commercial entities as it relates to invoicing and pricing.  It also focuses on credit best practices including credit evaluation, use of Z Score and other ratios and methods to secure customer payment when open ended credit is deemed too risky.  Collection best practices are explored including those related to account reconciliation.  Payment application, internal controls and available banking technology are also reviewed. Table of Contents
Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Joseph Helstrom, CPA

Publication:  April 2013
Updated:  January 2018

Format: PDF
Pages: 65

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:

  • Associate the importance of the billing, pricing and credit memo process to accounts receivable best practices
  • Differentiate customer credit evaluation techniques
  • Define and use the Altman Z score and other ratios in evaluating customers
  • Recognize non-traditional methods to secure customer payment
  • Recognize best practices of the collection function
  • Associate the importance of internal controls with the payment application function

 

Overall Rating: 5 Stars ” Great course. Really covered the essentials of A/T” Anonymous 1/6/2019

Description:
This course reviews best practices in the accounts receivable function of small to medium commercial entities as it relates to invoicing and pricing.  It also focuses on credit best practices including credit evaluation, use of Z Score and other ratios and methods to secure customer payment when open ended credit is deemed too risky.  Collection best practices are explored including those related to account reconciliation.  Payment application, internal controls and available banking technology are also reviewed. Table of Contents
Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Joseph Helstrom, CPA

Publication:  April 2013
Updated:  January 2018

Format: PDF
Pages: 65

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:

  • Associate the importance of the billing, pricing and credit memo process to accounts receivable best practices
  • Differentiate customer credit evaluation techniques
  • Define and use the Altman Z score and other ratios in evaluating customers
  • Recognize non-traditional methods to secure customer payment
  • Recognize best practices of the collection function
  • Associate the importance of internal controls with the payment application function

 

Overall Rating: 5 Stars ” Great course. Really covered the essentials of A/T” Anonymous 1/6/2019

  • “The author did a good job of setting forth the ethical standards contained in the California State Board of Public Accountancy Rules and the AICPA Code of Conduct.”

    - California Ethics Course

  • “I am extremely impressed with the courses and the reasonable price.” -Janet A. May 2017

    - Janet

  • ” I was able to get a head start on my credit losses research through your CPE self study this past weekend.  Excellent quality format – so much better than some of the other resources I’ve been using lately.”  Dec 12, 2018

    - Andrea Ll.