ACCOUNTS PAYABLE: ACCOUNTING AND MANAGEMENT BEST PRACTICES

PROGRAMME OVERVIEW

This Accounts Payable training course provides businesses and other organizations with a strong sense of where they stand against industry leaders and shows them how to take their services and organizational processes to state-of-the-art levels.
The organisation of the accounts payable function and the management of the accounts payable role are of vital importance to the effective control of working capital and therefore cash flow. Documented strategies and tactics employed by highly admired companies are presented both successful and unsuccessful to illustrate the real-world functionality of each process and approach.

LEARNING OBJECTIVES

By the end of this training course, Participants will be able to:
■ Identify the function of accounts payable 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

WHO SHOULD ATTEND?

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.

COURSE OUTLINE

■ Accounts payable and the financial health of organizations
■ Accounting for accounts payable accounting essentials for accounts payable
■ Key topics in accounts payable management
■ The behavioural side of managing accounts payable department
■ Using excel in managing accounts payable

COURSE DETAILS

■When: 9th- 10th August, 2022
■Where: Virtual Class (Zoom) and Physical Class (Ilupeju-Lagos)
■Programme Commences 10am- 3pm each day.
■Course Fee: N50,000. Early Bird: 5% Discount. 5-10 Participants (5% discount). 11 or more participants. (10% discount). This covers Course materials and Certificate of attendance.