Accounts Receivable (AR) is any money your customers owe you for goods or services they purchased from you in the past. This money is typically collected after a few weeks and is recorded as an asset on your company’s balance sheet. You use accounts receivable as part of accrual basis accounting.
The management of the accounts receivables (debtors) of an organization is essentially just one aspect of the management of the cash flow of that organization. Since organizations cannot survive without adequate cash flows, it follows that the management of accounts receivable is a vital aspect of cash flow management.
By attending this course Participants will gain both theoretical and practical knowledge about Accounts Receivable. The emphasis is on the practical application of the topics and as a result, the participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
By the end of the Accounts Receivable - Planning, Organising and Achieving Best Practice Training Course, you will be able to:
Learn the fundamentals of accounts receivable systems
Analyse the need to incorporate risk and uncertainty in to accounts receivable analysis
Identify the best practice across all industries
Discuss how to work effectively with the fundamentals of accounts receivable in their organization
Review and comment on collection methods and cash management
Work effectively with the fundamentals of accounts receivable, financial.
Accounting and working capital optimisation.
Understand and apply the fundamentals of Accounts Receivable systems.
Review and comment on collection methods and cash management.
Analyse the need to incorporate risk and uncertainty in to accounts receivable analysis.
Identify best practice across all industries.
This Accounts Receivable - Planning, Organising and Achieving Best Practice Training Course ideal for:
Accounts receivable managers
Accounts receivable staff
Billing and collection officers
Accounts receivable specialists
Professional accounting and finance staff who interact with accounts receivable operators
Our courses in London take place at the following locations :
Once you register for this course, we will subsequently send the invoice and course information, including location, trainer, and other logistics.
Pay Attention, Please! The course location is subject to availability; the course time will be precise one week before the course start date! We may change the course location if there is no availability, and we will let you know about the location change once it happens.