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Best Practice in Accounts Payable and Accounts Receivable

By: Alpha Partners

Lagos State, Nigeria

12 - 15 Dec, 2017  4 days

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NGN 105,000

In this workshop, you will learn how to Account for and manage receivables and payables.  For the receivables, you will learn how to calculate a bad debt provision amount based on a company history and using both the aging schedule and the allowance method. On the payable side, you will learn how to make provision for known Liabilities, estimate liabilities such as warranty liabilities and how to plan for the contingent liabilities mostly resulting from legal issues.

Content

Credit Policies Management

  • Setting credit policies
  • Approving the credit
  • Developing credit controls

Cash Collection

  • Eliminating barriers to payment
  • Negotiation skills
  • Debt collection
  • Legal aspects of collection

Harnessing Technology

  • Electronic invoicing
  • File maintenance and security issues
  • Using the internet for AP

The Billing Process

  • Efficient billing
  • Preventing the fatal mistakes

Keeping in Control

  • Internal control in AR process
  • AR and the Monthly chasing of Accounts

Building Relationship

  • Customer relationship
  • Inter- Department
  • Staff relationship
  • . Profitable relationship

For Whom: Accountants, Auditors, Senior and Middle Level Financial Managers, Treasurers, Controllers and Directors/Managers or Treasury Operators.

This course is being run by Alpha Partners in collaboration with the Institute Of Chartered Accountants Of Nigeria, Lagos Mainland District.

Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor) Opposite Adekunle BRT Bus-stop, Yaba - Lagos. Dec 12 - 15 Dec, 2017
NGN 105,000.00(The workshop fee is One Hundred and Five Thousand Naira (N105,000.00) only per participant to cover workshop literature and materials, executive bag, tea/coffee, lunch, photograph and certificate.)
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Chris Onwuasigwe, FCA 08033045484

3-5 Participants - 5% discount allowed, 5 and above number of participants - 10% discount allowed.
A distinguished team of facilitators who are eminently qualified professionals has been assembled to lead discussions in course of the workshop.
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