| NAME OF THE COURSE |
| ACCOUNTS PAYABLE & RECEIVABLE |
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| CERTIFICATION |
| CERTIFIED ACCOUNTS PAYABLE & RECEIVABLE SPECIALIST |
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| COURSE OVERVIEW |
| This program is specifically designed to familiarize participants with the basic fundamental aspects of accounting, bookkeeping and payroll functions in a real working environment. This work-based learning is aimed at building essential skills through hands-on training. Real-life case studies and skill practice will be provided using popular Excel spreadsheets. |
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| TRAINING DURATION |
| Total Training Hours: 22 Hours |
| Training Duration: 1 Week |
| Total Training Days: 4-5 Working Days |
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| TRAINING SCHEDULE |
| Weekdays (Sunday to Thursday) |
| Regular Sessions : 4 – 6 Hrs Per day (9 am to 2 pm or 3.00pm to 9.00 pm) |
| Food & refreshments Included |
| Weekends (Friday & Saturday) |
| Fast Track Sessions: 8 Hours per day (9 am to 5 pm) |
| Food & refreshments Included |
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| CERTIFICATION |
| Globally recognized certificate from “Kings Global Career Academy” |
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| TEST |
| No |
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| LEARNING AIDS |
| Yes |
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| COURSE MATERIAL |
| Hard & Soft Copies of Study Material |
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| LANGUAGE OF INSTRUCTION |
| English |
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| INSTRUCTOR HELPLINE |
| Yes |
| 1. Email |
| 2. Social Media (For Emergency requirements) |
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| REGISTRATION REQUIREMENTS |
| 1. Passport Copy |
| 2. Curriculum Vitae |
| 3. Passport size photographs |
| 4. Course Fee |
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| MODE OF PAYMENT |
| Cash / Cheque / Credit Card / Bank Transfer. |
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| ELIGIBILITY |
- Finance Executives and Professionals
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- Accounts Receivable Managers
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- Accounts Receivable Supervisors
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- Accounts Receivable Personnel
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- Others who are working within an accounts receivable process or who wish to develop a practical toolkit to complement their existing professional or technical skills
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| COURSE BENEFITS |
- Avoid bad debts by adopting prudent credit procedures during pre-Credit Sales
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- Manage outstanding receivable in post-Credit Sales
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- Build confidence in handling difficult customers
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- Improve on the collection of overdue accounts
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| COURSE OUTLINE |
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| Day One |
- Introduction to Accounts Receivable
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- Working Capital and Cash Management
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- Understanding “the cost of credit”
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- The ‘order to cash’ process
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- Understanding “risk” in “credit”
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- Accounts Receivable and effective customer service
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- Identifying underperforming areas to increase customer satisfaction
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| Day Two |
- Customers and trading terms
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- Tools and techniques of financial analysis: ratios; trends; common size analysis
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- The best performance measure – cash or profit?
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- Financial distress and analyses
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- Value-added analysis of the financial statement
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| Day Three |
- Developing effective strategies to maximise cash collection
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- Identifying effective “pre-delinquency” collection campaigns
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- Defining “post-delinquency” activities
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- Customer sensitive collection strategies
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- Collection techniques and letter cycles
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- Appropriate internal and external escalation steps
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- Using workflow management to maximize collector performance
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| Day Four |
- Practical collection tools and techniques
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- Eliminating barriers to payment
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- Recognizing excuses and delaying tactics
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- Providing solutions to non-payment
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- Telephone collection techniques
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- Negotiation skills for successful collections
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- Building relationships with customers
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| Day Five |
- Managing the Receivables Ledger
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- Developing effective internal relationships to maximize performance
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- Setting targets and tracking performance
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- Managing information that dazzles
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- Defining meaningful KPI’s
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- Latest Developments in Accounts Receivable
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