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
- Revenue accountants
- Billing and collection officers
- Accounts receivable specialists
- Professional accounting and finance staff who interact with accounts receivable operators
Our courses in Kuala Lumpur take place at the following location :
Once you register, we will subsequently send you the course details, including the location, trainer, and other logistical information.
Pay Attention, Please! The course location at our offices is subject to availability. Should our office be unavailable, we will secure an alternative nearby venue and promptly inform you of the change. The exact time and location will be confirmed one week prior to the course commencement.