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Accounts Payable, From Accounting to Management (Classroom Training)

By: McTimothy Associates Consulting LLC  

Lagos State, Nigeria

22 - 24 May, 2024  3 days

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NGN 175,000

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Venue: The Professional Place, 12B, Olumoroti Street, Gbagada Phase 2 Estate, Gbagada Lagos.

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Other Dates

Venue Date Fee  
The Professional Place, 12B, Olumoroti Street, Gbagada Phase 2 Estate, Gbagada Lagos., Lagos State, Nigeria 03 - 05 Jul, 2024 NGN175000
The Professional Place, 12B, Olumoroti Street, Gbagada Phase 2 Estate, Gbagada Lagos., Lagos State, Nigeria 17 - 19 Oct, 2024 NGN175000
The Professional Place, 12B, Olumoroti Street, Gbagada Phase 2 Estate, Gbagada Lagos., Lagos State, Nigeria 11 - 13 Dec, 2024 NGN175000

Accounts payable is not just processing checks, mailing them, and then filing the backup paperwork. To manage accounts payable truly and effectively, one must understand the AP department's building blocks including, but not limited to customer service, vendor management, check requests and Purchase Orders (POs).

This course will discuss how to handle invoices, process checks, prevent errors, conduct annual audits, and use technology in the department. You will also learn the best practices to adopt in your AP department and how to develop your department into an effective business partner.

Course Methodology

This course demonstrates theoretical and practical core topics in addition to introducing Excel in managing accounts payable. The course also features role playing and presentations by participants.

Course Objectives

By the end of the course, participants will be able to:

  • Identify the function of Accounts Payable (AP) and its role in organizations
  • Use accounting principles related to accounts payable
  • Describe how to take a successful lead in the management of accounts payable
  • Assess AP operations and processes and recommend improvements using the latest best practices
  • Evaluate main issues affecting AP staff in order to increase their efficiency and productivity
  • Apply tools and techniques in Microsoft Excel to effectively manage and monitor AP performance

Target Audience

Managers of accounts payable, AP staff and professionals as well as clerks and specialists who wish to advance their career. The course is also beneficial to professionals in accounting, finance, purchasing and procurement who work closely with Accounts Payable.

Target Competencies

  • Examine the role of accounts payable
  • Perform month-end accruals
  • Realize the value added of three-way matching
  • Prepare and analyze accounts payable aging
  • Prevent accounts payable fraud
  • Apply accounts payable best practices
  • Implement early payment discount
  • Utilize Excel functions
The Professional Place, 12B, Olumoroti Street, Gbagada Phase 2 Estate, Gbagada Lagos. May 22 - 24 May, 2024
The Professional Place, 12B, Olumoroti Street, Gbagada Phase 2 Estate, Gbagada Lagos., Lagos State, Nigeria 03 - 05 Jul, 2024
The Professional Place, 12B, Olumoroti Street, Gbagada Phase 2 Estate, Gbagada Lagos., Lagos State, Nigeria 17 - 19 Oct, 2024
The Professional Place, 12B, Olumoroti Street, Gbagada Phase 2 Estate, Gbagada Lagos., Lagos State, Nigeria 11 - 13 Dec, 2024

Registration: 10:00:am - 04:00:am

NGN 175,000.00(5% Group Discount for 3-5 participants, or 10% Group Discount for 6 and above participants)
NGN 175,000.00(5% Group Discount for 3-5 participants or 10% Group Discount for 6 and above Participants)
NGN 175,000.00(5% Group Discount for 3-5 participants or 10% Group Discount for 6 and above Participants)
NGN 175,000.00(5% Group Discount for 3-5 participants, or 10% Group Discount for 6 and above participants)
(Convert Currency)

Tayo Oluwole 07034854045; 09080022449; 08058805333

5% Group Discount for 3-5 participants, or 10% Group Discount for 6 and above participants

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