Accounts Payable 1
Enrol- Module 1
-Definition of Accounts Payable.
-The Role and duties of Accounts Payable.
-Cash Cycle.
- Module 2
-Function of Accounts Payable.
-How to identify and Eliminate “Time Wasters” that can bog downany AP department.
-Reconciliations of Accounts Payable.
-General Ledger Allocations.
- Module 3
-The Sources and Role of Credit.
-The Role of Credit in a Business.
-Advantages and disadvantages credit.
-Cost of Credit to a business.
-Benefits and dangers of using Credit.
- Module 4
-Understanding Consumer rights and obligations.
-Creditors Policy.
-Supplier vetting.
-T&E Accounts.
-Fraud Preventing.
-Account Maintenance.
-Business Ownership.
- Module 5
-Legislative requirements
-Law of contract
-Definition of a legally binding contract, verbal or written
- Module 6
-National Credit Act.
-Consumer Protection Act.
-FIC Act.
- Module 7
-POPI
-BBEEE
Accounts Payable 2
Enrol- Module 1(Sources of finance available to companies requiring working capital/growth funding)
-Asset finance.
-Overdraft.
-Factoring and invoice discounting.
- Module 2 (Creditors policy)
-Setting policy.
-Implementing policy.
-Measuring effectiveness of policy.
- Module 3 (Structure of a Creditors management department)
-Organisational structure.
-Methods of management.
-Role of Creditors Manager.
-Link to Senior Management and other departments.
- Module 4 (Understanding budgets , targets and provisions)
-Importance of performing within budget.
-Setting targets and measuring achievement.
- Module 5 (Managing a deaprtment)
-Planning.
-Leading.
-Organizing and Control.
-Management styles.
-Management reporting.
- Module 6 (Understanding Export and Internation Trading)
-Terminology.
-Legal restrictions.
-Documentation.
-Assessment Procedures.
-Terms.
-Insurance.
-VAT Implications.
-Dealing with External agents.
- Module 7 (General ledger/CreditorsLedgers/Listings/AP reconciliation)
-Subsidiary ledgers for debtors and creditors.
-Control account.
-Creditors/Supplier reconciliation.
-Remittance advice.
- Module 8 (Business Rescue)
-Meaning of "Business Rescue"
-The interests of employees and shareholders.
-Discharge of claims and debt.
-Enforcement.
-Objections to company resolutions.
-Duration of business rescue proceedings.
- Module 9 (The workings of Liquidations/Insolvency)
- Introduction.
-Remedies for the Creditor.
-Effects of Insolvency.
-Voluntary Surrender.
-Notice Of Intent.
-Prohibition of sale of property.
-Appointment of Curator Bonis.
-Advantages to Creditors.
-Compulsory Sequestration.
-Acts of Insolvency.
-Application for the Sequestration of a Debtors Estate.
-Provisional and Final Orders.
-Malicious or Vexatious Proceedings.
-Curator Bonis and Provisional Trustees.
-Disqualification as a Trustee.
-The effect and result of Sequestration on various parties.
-Dispositions of Property by an Insolvent before Sequestration which may be set aside.
-The Property of the Solvent Spouse.
-Meetings and Providing of Claims.
-Attendance at meetings and Interrogations.
-Creditors' Voting Powers.
-Providing of Claims.
-Security required by the court.
-Distribution of the Insolvent Estate.
-Secured Creditors and realisation of Securities.
-Preferment Claims.
-Composition.
-Rehabilitaion.
-Accounting by the Trustee.
-Alternatives to Sequestrations and Liquidation.
-Business Rescue in accordance with the New Companies Act no 71 2011
- Module 10 ( The rules of the Internal and External Audit)
-To have knowledge of the legal requirements of auditing as per the Companies Act.
-To be aware of the penalties of contravening the Companies Act regarding the auditing process.
-To understand the requirements of the auditing process.
-To examine the process of the audit.
-To understand the relevance of the audit and the process.
-To establish the relevance of the internal and external audit.
