Accounts Payable: From Accounting To Management

This program will teach you about handling invoices, processing checks, preventing errors, using technology and conducting an annual audit. You will learn about the best practices relevant to the Accounts Payable department and understand how to develop your Ap department into an effective business partner and also using MS Excel in managing Accounts Payable. 

Learning Methodology:

- Role-playing

- Presentations

- Demonstration of practical/theoretical topics

Target Competencies:

- Accounts Payable role

- Realizing the value added of three-way matching

- Performing month-end accruals

- Preparing and analyze accounts payable aging

- Applying accounts payable best practices

- Preventing accounts payable fraud

- Utilizing Excel functions

- Implementing early payment discount

Contents:

- The important role of Accounts Payable (AP)

- Accounts payable processes and best practices

- Accounting essentials for accounts payable

- Key topics in accounts payable management

- Accounts payable department as a real business partner

- The behavioral side of managing accounts payable department

- Using Microsoft Excel in managing accounts payable