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Accounts Payable and Accounts Receivable

Master the Flow of Funds: From Invoices to Income

Non-credit Courses

Course Description

010-036-EE:

Accounts Payable and Accounts Receivable

This course provides you with a comprehensive understanding of accounts payable and accounts receivable processes and their impact on financial statements. Through practical exercises, case studies, and discussions, participants will gain the skills to:

  • Develop a clear understanding of how accounts payable and accounts receivable influence financial reporting and business performance.
  • Gain practical knowledge of the full accounts payable process, from invoice management to payments and reconciliations
  • Understand the accounts receivable cycle, including invoicing, collections, and cash application.

Course Details

  • Duration

    5 half days

  • Delivery Method

    In-person

  • Fees

    $1035.00

    This includes all course materials, lunch, and refreshments each day. Early bird registration and group discounts are available.

  • Upcoming Sessions

    To be confirmed.

For more information email us at: info@eeyouistcheecollege.ca

Topics Covered

  • Financial statements
  • Debit/credit
  • Bookkeeping for accounts receivable and payable
  • Accounts receivable: procedure, policy and managing clients
  • Accounts payable: procedure, policies and managing the relation with suppliers
  • Performance measures linked to accounts receivable and payable

Course Benefits

  • Read financial statements
  • Create relevant performance measures
  • Understand debit/credit
  • Realize basic accounts receivable and payable bookkeeping entries
  • Enhance their understanding of clients and suppliers’ management

Intended Audience

  • This course is ideal for finance professionals, accountants, bookkeepers, accounts payable and receivable clerks, and business managers looking to strengthen their financial management skills

Topics

    • Introduction to accounting
    • Financial Statements
    • Key accounting terms
    • Debit/Credit
    • Basics of bookkeeping for account receivable
    • Procedures to account for receivable
    • Measuring the performance of accounts receivable
    • Managing clients’ relations
    • Basics of bookkeeping for accounts payable
    • Procedures to account for payable
    • Measuring the performance of accounts payable
    • Managing suppliers’ relations

Meet our Instructor

  • Clémence Rannou-Stanley

    Ms. Rannou-Stanley is a Chartered Professional Accountant with an Master in Business Administration from Université Laval She specializes in supporting not-for-profit organizations, especially throughs financial analysis and budget planning. Her years as a lecturer teaching at different levels and to diverse age groups, and her international experience enabled her to adapt to different organizations and clearly communicate accounting analysis to various stakeholders. Her experience teaching and supporting Indigenous communities reflects her interests in breaking educational barriers and supporting all communities.

    Ms. Rannou-Stanley is committed to meeting the needs of diverse participants and organizations by proposing concrete solutions tailored to the issues at hand.

Registration Form

Please complete the Registration Form to begin the registration process.
Registration Form