Course Description

Our courses are designed to offer flexibility and convenience, catering to different learning preferences. Choose the option that best fits your schedule and learning style:

Course Options:

✔ Online (Flexible Learning) – $49

• Study at your own pace with flexible online access.
• Ideal for those who prefer self-paced learning.

✔ Face-to-Face (In-Person) – $99

• Attend a 1 Full Day session or 2 Evening Classes for interactive learning.
• Get hands-on experience and engage with instructors directly.

Includes:

🏆 “Award” – Certificate of Participation (Non-Accredited).

The course is basically designed with an emphasis on the general concept of development and promotion of sound Accounts Payable practices.

The Accounts Payable efficiently manages your Company’s expenditures, saving you time and money. While we cannot always predict the timing and values of cash inflows with absolute certainty, the timing and values of cash outflows is largely within the control of the business. If people or companies don’t pay their bills, they are considered to be in default.

The organization of the accounts payable function and the management of the accounts payable role are therefore of vital importance to the effective control of cash flow.

Purpose of the Course

Accounts Payable forms an integral part of any accounting system and Accounts Payable departments are constantly searching for a faster, more efficient way to run their operations. This course will deliver tips, techniques and methods to streamline accounts payable processes catch costly errors before they wreak havoc and pay invoices on time. In just two days of intensive training, you will come away with the skills you need to take control of your time, resources and workload.

Learning Outcomes

The program will provide the theoretical background and techniques that support the organization and management of accounts payable and its related functions.

At the end of this program, participants will be able to:

• Understand the importance of the accounts payable
• Use the appropriate tools and techniques to assess suppliers and their financial and operational reliability
• Understand the integrated systems of purchase order processing, stock (inventory) control, purchase ledger, cash payments, and their links with the general ledger
• Consider the impact of risk and uncertainty on the business and its impact on accounts payable and cash flow
• Make more informed and improved management decision

Content:

• Importance of accounts payable function
• Processes of accounts payable
• Accounts payable documents and functions
• Accounts payable risks
• Supplier analysis