Basics of Insurance and Bills Payable Processing and Management

Investments in assets of companies carries with them other incidental costs. Uncertainty and risk exist in all facets of company business. Mitigating the effects of the risk in business assets and operation is a key component of business management. Determining the coefficients of the risk associated with keeping assets and various business operations require calculated efforts. Therefore, determination of the appropriate insurance policies and accounting provisions require a deep understanding of insurance dynamics and deliverables.

Administrative executives who handle insurance related issues and the finance executives who provide and process accounting documentations as well as other bills payables need to be updated in knowledge of what it takes. Insurance adjusters need to be checkmated otherwise organisations will lose financial benefits when events that require claims occur. The need for officers of a company to understand how bills are generated and determined by providers of services are also the trust of this training. This training will address all the issues highlighted so far.

Who should attend: Accountants and finance executives, administrative executives, asset management executives, finance managers and all those responsible for managing insurance related issues in manufacturing and service companies.

Content;

• Basic insurance concepts in companies
• Key issues in insurance processing and management
• Accounting provisions of insurance premiums and retirement of insurance income
• Loss adjusters dynamics and claims
• Evaluation and determination of best options in bills payables management and processing
• Accountants and finance executives