Content Provider
Accountingtoolsinclogo

Self-Study CPE
GOODWILL IMPAIRMENT BASICS
View Details/Register
HOW TO READ AND ANALIZE FINANCIAL STATEMENTS
View Details/Register
GOODWILL IMPAIRMENT TESTING
View Details/Register
EVALUATING AND PROPERLY DISCLOSING FASB ACCOUNTING STANDARD UPDATES (ASUS)
View Details/Register
INTRODUCTION TO FINANCIAL STATEMENTS AND THE ENVIRONMENT OF FINANCIAL REPORTING
View Details/Register
PREPARING FINANCIAL STATEMENTS
View Details/Register
CURRENT ASSETS AND ASSET VALUATION
View Details/Register
EQUITY INVESTMENTS AND LONG-LIVED ASSETS
View Details/Register
EARNINGS MANAGEMENT
View Details/Register
KEY SEC REGULATIONS ACCOUNTANTS SHOULD KNOW ABOUT
View Details/Register
FORENSIC ACCOUNTING: 5 STEPS TO SUCCESSFUL PERFORMANCE
View Details/Register
SEC CLIMATE-RELATED DISCLOSURES: WHAT YOU NEED TO KNOW
View Details/Register
FINANCIAL REPORTING AND ANALYSIS - 10 COURSE SERIES.
View Details/Register
REAL ESTATE ACCOUNTING: A PRACTITIONER'S GUIDE
View Details/Register
MONEY LAUNDERING
View Details/Register
LEASE ACCOUNTING FUNDAMENTALS
View Details/Register
LEASE ACCOUNTING AND REPORTING - WHAT YOU NEED TO KNOW
View Details/Register
ACCOUNTING FOR BUSINESS COMBINATIONS
View Details/Register
ACCOUNTING FOR SOFTWARE – INTERNAL USE AND EXTERNAL SALES
View Details/Register
DISCLOSURE REQUIREMENTS: REV REC, LEASES, BUSINESS COMBINATIONS, CECL & SEGMENTS
View Details/Register
REVENUE RECOGNITION: HOW TO IDENTIFY PERFORMANCE OBLIGATIONS
View Details/Register
LESSEE ACCOUNTING: IDENTIFICATION, CLASSIFICATION & RECOGNITION
View Details/Register
DISCLOSURE REQUIREMENTS FOR SEC FORM 8-K
View Details/Register
SEC FORM 8-K: WHEN TO FILE AND WHAT TO DISCLOSE
View Details/Register
CLASSIFICATION AND ACCOUNTING FOR DEBT AND EQUITY
View Details/Register
WHAT YOU NEED TO KNOW ABOUT CASH FLOW
View Details/Register
OVERVIEW OF THE STATEMENT OF CASH FLOWS
View Details/Register
DETAILED OVERVIEW OF THE HELD FOR SALE CLASSIFICATION CRITERIA
View Details/Register
PRINCIPLES OF FINANCIAL STATEMENT PRESENTATION
View Details/Register
ACCOUNTING FOR HELD FOR SALE ASSETS
View Details/Register
SUPPLIER FINANCE PROGRAMS – WHAT YOU NEED TO DISCLOSE
View Details/Register
KNOW THE DIFFERENCES BETWEEN AN ASSET ACQUISITION VS. BUSINESS COMBINATION
View Details/Register
OPTIMIZE CASH FLOW THROUGH RECEIVABLES FACTORING
View Details/Register
SEC PAY VERSUS PERFORMANCE DISCLOSURES – WHAT YOU NEED TO KNOW
View Details/Register
Self study cpe
Optimal Accounting for Payables

OPTIMAL ACCOUNTING FOR PAYABLES

There is no video for this course. The learning materials for this course are in the downloadable document.
CPE Processing Fee$30.00
Webinar TranscriptionN/A
Presentation Length Hour(s)1.0 hour
CPE Credits 1.0 hour
Subject Area 1.0 - Accounting
CE Credits 0.0 hours
Course LevelBasic
Instructional MethodQAS Self-Study
PrerequisitesNone
Advance PreparationNone
Recorded DateMay 23, 2024
Date OfferedMay 23, 2024
Expiration DateMay 23, 2025
Course Description

The recordation and payment of accounts payable is a deeply inefficient process. Optimal Accounting for Payables shows how to enhance the basic process, as well as how to sidestep portions of it entirely. The result is a much more efficient and effective payables function. The course also notes the impact of these changes on closing the books, fraud, and the annual audit.


Learning Objectives:


  • List the reasons why a payables system needs to make prompt payments

  • Identify the issues associated with a three-way matching system, and how they can be corrected

  • Recognize the alternatives available for reducing the amount of payables data entry

  • Summarize the advantages and disadvantages of a reverse lockbox system

  • Describe the problems associated with the production of manual checks

Self-Study Course Instructions:

FOR DOCUMENT-BASED COURSES

Download the course document(s) (below) and follow prompts contained in the document.



Accountingtools optimalaccountingforpayables videoimages
Additional Materials
Handout and Glossary
Review Questions
Review Questions
Frequently Asked Questions
  • CPAacademy self-study courses are online.
  • The self-study format allows you to a) access the material online 24/7 and b) study at your own pace.
  • Per NASBA guidelines, you have one year from date of purchase to complete each program.
  • Complete your final exam at any time and get graded instantly. You can retake the exam at no additional charge (unlimited attempts).
  • Print your own certificate of completion on the spot upon passing the exam.
  • Grading policies: a) courses have a minimum passing score 70% b) test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.

Loading ...

Loading ...
Linkedin
Accountingtoolsinclogo

Steven Bragg, CPA, is the founder of AccountingTools, Inc. He is the author of more than 300 business books and courses, including the best sellers Cost Accounting Fundamentals, The CFO Guidebook, Closing the Books, Payroll Management, and The GAAP Guidebook. He has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte. He holds an MBA from Babson College, a Master of Finance degree from Bentley College, and a BA from the University of Maine. He also manages the Accounting Best Practices podcast.

Away from work, Steve has been a two-time president of the Colorado Mountain Club and has climbed five of the seven continental high points, the 100 highest peaks in Colorado, the 100 highest peaks in New England, and all 50 of the state high points of the United States. He has also solo mountain biked the 483-mile Colorado Trail - both ways. He is an expert alpine skier, trail running author of Run the Rockies, and a PADI-certified Master Diver. 

Nasba
Logo qas

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Accountingtoolsinclogo
AccountingTools, Inc. is focused on providing information on all possible accounting topics to the practicing accountant. We have developed more than three hundred online training classes, 50 softcover books, and issued over 4,000 articles on accounting topics, as well as hundreds of podcast episodes. We also have a strong focus on minimizing our environmental impact.