Accounting Best Practices

This webinar will give you practical tips for complying with the new guidelines for this complex area of accounting and reporting. Upon course completion, you will: be able to analyze typical transactions to recognize their lease characteristics and account for and report them in compliance with the new rules. Accounts Payable Best Practice.

Accounts Payable Best Practices

Join this session by expert speaker Mary S. Schaeffer, where she will include a discussion of the newest best practice every organization should implement to ensure crooks don't get their hands-on money or sensitive information.

Session Highlights:

• Improve your invoice processing

• Implement effective payment technologies

• Comply with regulatory issues affecting the payment process

• Avoid costly mistakes due to spoofed emails

• Create effective expense reporting policies

• Avoid costly master vendor file practices

• Deter fraud (both internal and external)

Implementing the New Lease Accounting Standards

Join us for a quick study of the new rules by expert speaker Miles Hutchinson, where he will discuss how to do account modification, re-measurement, and termination of a lease.

Session Highlights:

• Receive guidance for determining whether an arrangement is or contains a lease

• Contrast ASC 842 with IFRS 16

• Learn how to account for lease and non-lease components

• Understand sale and leaseback transactions under the new rules

• Identifying and accounting for leveraged transactions

• We will summarize the presentation and disclosure rules for both Lessees and Lessors

Finance & Accounting 101

Join this session by expert speaker Carl Young, where he will explain the tools and techniques for how business financial transactions are transformed into financial statements.

Session Highlights:

•    The overall connection of financial transactions to required statements of:

• Balance Sheet

• Income Statement

• Cash Flow Statement

• The basic framework of finance and accounting and the concepts and principles used to transform transactions

• Components of each financial statement using sample statements

• Six Generic types of transactions in every company

• The simple comparison of business to personal financial statements

• The simple meaning of finance and accounting

• The simple meaning of cash vs. accrual accounting

• A simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions to statements

• It is a great refresher for financial professionals

Accounts Payable and Sarbanes-Oxley Internal Controls

In this webinar expert speaker, Mike Morley will provide you with the tools you need to establish and maintain strong internal controls that meet Sarbanes-Oxley standards by reducing risk and protecting company assets and raising awareness of fraud issues in Accounts Payable, and examining processes to mitigate the risk associated with Accounts Payable to comply with SOX.

Session Highlights:

• Safeguarding inventory purchasing

• Examining supplier payments

• Reviewing risks associated with payroll and taxes

• Know best practices and types of approvals

• Reviewing repetitive processes

• Understanding the dangers inherent in inter-company payments

• Verifying accruals

• Assess currency issues

• Building and using audit trails

*You may ask your Question directly to our expert during the Q&A session.

** You can buy On-Demand and view it at your convenience.