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Virtual Seminar


ACCOUNTS PAYABLE SKILLS AND STRATEGIES

 * Establish policies and procedures to improve AP processes
 * Discover tracking tips for maintaining accurate records
 * Describe best-practice ways for identifying and preventing fraud
 * Explain the steps for preparing audit-proof files
 * Discuss the benefits of adopting new AP technology and trends

View full agenda




VIRTUAL SEMINAR DATES

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DateAll datesJan 2024Feb 2024Mar 2024Apr 2024May 2024Jun 2024Jul 2024Aug 2024Sep
2024
topicId: 6504, shortCode: XMAPAY
virtualSeminarId: 400143

Jan 11
4:00 PM - 9:00 PM Western

$249.00
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virtualSeminarId: 400380

Jan 25
4:00 PM - 9:00 PM Western

$249.00
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virtualSeminarId: 400967

Feb 8
4:00 PM - 9:00 PM Western

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virtualSeminarId: 400964

Feb 23
4:00 PM - 9:00 PM Western

$249.00
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Save when you enroll multiple attendees! Just $224 per person when you enroll 4
or more.


OVERVIEW

As an AP professional, you’re responsible for ensuring your organization pays
suppliers accurately and on time. This requires you to keep track of details,
organize and prioritize a large volume of work, and maintain a good relationship
between the organization and its suppliers.

In your role as gatekeeper of the company, you’re on the frontline of the
organization, preventing fraud and overseeing revenue, controlling expenses, and
managing assets and asset purchases. With the help of other departments, you’re
a major player in protecting the company’s assets and bottom line.

When you complete this course, you’ll have a greater understanding of the
important part AP professionals plays in the overall financial structure of an
organization, the responsibilities they have to the organization, and the
challenges they face when managing accounts payable.


WORKSHOP AGENDA

Program time: 5 hours

SESSION 1: STRENGTHENING YOUR POSITION IN ACCOUNTS PAYABLE

 * Describe the qualities shared by the best AP pros
 * Evaluate time-wasting activities that impact accounts payable
 * Identify ways to gain control of deadlines and prioritize time
 * Apply communication tools to manage and build relationships

SESSION 2: MANAGING ACCOUNTS PAYABLE TO IMPROVE ACCURACY

 * Use proven systems and procedures to manage accounts payable
 * Discuss invoice management as a way to streamline the payment process
 * Organize and maintain accurate payment records
 * Explain early payment discounts and how to negotiate payment terms

SESSION 3: SETTING UP INTERNAL CONTROLS

 * Evaluate your organization’s internal controls
 * Establish processes to segregate duties
 * Implement a fail-safe method for eliminating duplicate payments
 * Identify and eliminate expense account padding

SESSION 4: PREPARING FILES AND RECORDS FOR AN AUDIT

 * Set up files that will withstand an audit
 * Explain AP audit procedures
 * Describe how to establish year-end reporting information, including 1099s
 * Evaluate government requirements and regulations for certain payments

SESSION 5: ADOPTING ACCOUNTS PAYABLE TECHNOLOGY AND TRENDS

 * Debate the pros and cons of purchasing cards
 * Adopt new AP processes for electronic invoicing
 * Discuss emerging trends in accounts payable
 * Explore how new technology is making a positive impact

--------------------------------------------------------------------------------

SkillPath, the Graceland College Center for Professional Development and
Lifelong Learning, Inc. is registered with the National Association of State
Boards of Accountancy (NASBA) as a sponsor of continuing professional education
on the National Registry of CPE Sponsors. State boards of accountancy have final
authority on the acceptance of individual courses for CPE credit. Complaints
regarding registered sponsors may be submitted to the National Registry of CPE
Sponsors its website: www.nasbaregistry.org. SkillPath’s Sponsor ID number is
146710. This course qualifies for 5.4 CPEs. Delivery Method: Group
Internet-Based. Field of Study: Accounting. Prerequisites: None. Program Level:
Basic. Advanced Preparation: None.

Special group rates
available for this training

--------------------------------------------------------------------------------

Questions? Check out our
Virtual Seminar FAQs

--------------------------------------------------------------------------------

DON’T WAIT — RESERVE YOUR SPOT TODAY!

Register now
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