Organizations often deal with a continuous flood of supplier invoices and check requests from employees. There are demands to issue payments as expeditiously as possible, despite an offsetting need to investigate each request to ensure that it is valid. Payables Management describes a number of ways to create an efficient payables system that processes invoices at low cost, while still maintaining close control over the payments made. The course also covers an array of related topics, including procurement cards, use taxes, closing the books, payables controls, unclaimed property, and more.
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.
CPAs, CFOs, controllers, financial professionals, and auditors.
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, and more.
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