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Self-Study CPE
NEW REVENUE RECOGNITION AND LEASING STANDARDS
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UNDERSTANDING AND IMPLEMENTING REVENUE RECOGNITION
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ACCOUNTING FOR INCOME TAXES
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Getting paid faster apnow

GETTING PAID FASTER

CPE Processing Fee$10.00
Webinar TranscriptionN/A
Presentation Length Hour(s)1.0 hour
CPE1.0
Subject AreaAccounting
Course LevelOverview
Instructional MethodQAS Self-Study
PrerequisitesNone
Advance PreparationNone
Recorded DateJun 01, 2018
Date OfferedJun 01, 2018
Series: Bookkeeper
Course Description

Most companies have at least a few customers who don’t pay them in a timely manner. Unfortunately, for some the problem is worse. They have many customers who don’t pay them as quickly as they’d like. While it is definitely true that some of these organizations purposely drag their feet when it comes to the timing of payments, that is not always the case. In fact, many times the delay is due to something the supplier did (or didn’t do) during the billing process. These are simply practices that could be easily rectified. This course contains the standard best practices every organization should use when trying to get paid in a timely manner as well as a look at the common mistakes that end of delaying payments. The information on these inopportune slip-ups comes from interviews with accounts payable professionals who shared their frustrations over these easily-fixable oversights.

Learning Objectives:


  • Identify common mistakes in your billing process that delay payments

  • Create a clean billing process that produces error-free invoices

  • Build an effective strategy ensuring you have all needed information on your invoices

  • Pinpoint practices that unintentionally cause delays in payment

  • Develop an effective strategy for creating a better relationship with the personnel at your customers who are responsible for making payments

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Course Document
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.

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Mary S. Schaeffer, a nationally recognized accounts payable expert, is the author of 18 business books, a monthly newsletter and a free weekly e-zine, as well as 10l CPE self-study courses for CPAs. She runs AP Now, a boutique publishing and consulting firm focused on accounts payable issues. Before turning to writing and consulting she worked in the corporate world as an Assistant Treasurer for the Equitable Life Assurance Society, a Financial Risk Manager for O&Y and a Corporate Cash Manager for Continental Grain. A frequent and popular speaker at industry live and online events, she has an MBA in Finance and a BS in Mathematics.

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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.

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