Credit and Collection Guidebook ON DEMAND
Available Until
Your Desk
14.0 Credits
Member Price $364.00
Non-Member Price $419.00
Overview
This course shows how to achieve a balance between increased sales and a reasonable amount of bad debt by focusing on the design and management of the credit and collection functions. The discussion ranges from the structure of specific jobs to the full range of collection and litigation tactics that can be used to collect money from customers.
Highlights
Credit and Collection Operations. Credit Procedures. Credit Controls. Collection Procedures. Collection Controls. Credit Policy. Credit Application. Customer Credit Ratings. Ongoing Credit Monitoring. Interpretation of Financial Statements. Credit Risk Reduction. Customer Billings. Payment Handling. Collection Tactics. Payment Deductions. Skip Tracing. Collection Agency. Litigation and Bankruptcy Tactics. Allowance for Doubtful Accounts. Credit and Collection Technology. Product and Service Improvements. Credit and Collection Measurements. Credit and Collection Laws.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Note the roles of the various employees of the credit and collection functions. Identify the key procedures and forms needed to operate the credit function. Cite the key controls needed for the credit function and note what they are intended to accomplish. State the key procedures and forms needed to operate the collection function, and the situations in which they are applicable, 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 $419.00
Member Price $364.00