Accounts Receivable Best Practices for Small to Medium Sized Commercial Entities
SKU: 02-052-01-CPE
Credit Hours: 2
Level: Basic
CPE Category: Accounting
Requires Prerequisites or Advanced Preparation: No
Delivery Method: PDF
Instructor: Patricia McCarthy, MBA
Course Description:
This course examines best practices in accounts receivable management. Accounts receivable management is associated with both credit and collections.
At the end of this course, students will be able to:
- Associate the importance of the billing, pricing and credit memo process to accounts receivable best practices
- Differentiate customer credit evaluation techniques
- Define and use the Altman Z score and other ratios in evaluating customers
- Recognize non-traditional methods to secure customer payment
- Recognize best practices of the collection function
- Associate the importance of internal controls with the payment application function