Description
Learn how entity types impact AP posting, prevent fraud, implement controls, manage vendors, and maintain accurate payables.
Learn how different entity types alter the way accounts payable are processed and where transactions flow to the financial statements. Develop a hit list on preventing and recognizing fraud in the payables wheelhouse and how to implement internal controls to protect your payables process. Learn the best practices of vendor maintenance. Gain good bookkeeping practices to keep your payables current and accurate.
Learning Objectives
– You will be able to explain how different types of entities’ payables flow to various and appropriate accounts on the financial statements.
– You will be able to recognize fraud risks and implement prevention strategies.
– You will be able to discuss how to implement good bookkeeping practices for your AP staff.
– You will be able to identify best practices in vendor maintenance.
Presenter: Donna Wright, Doing Books Right
Credits*: AIPB, CPE
Time of program 90 min, 1 pm ET
Date of program May 9, 2025
