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Total Credits: 1.5 including 1 Accounting - Technical, .5 Auditing- Technical
Why do for profit organizations exist??? To make money!!!!! What a great concept. But if the organization does not have the proper collections and credit procedures in place, they may not be able to access that money. Hence the importance of the credit and collection process.
Credit and collections are critical areas for the financial statement controllers. Customer credit is a form of payment that allows small business customers to purchase a product or service before paying for it in full. The process works similarly to the way a credit card does - you procure something and pay it back later. Collections is a term used by a business when referring to money owed to that business by a customer. When a customer does not pay within the terms specified, the amount of the bill becomes past due and is sometimes submitted to a collection agency.
The sales and collection process includes business activities related to selling products and services, maintaining customer records, billing customers, and recording payments from customers. It also includes activities necessary to manage accounts receivable, such as aging accounts and authorizing credit.
This course delves into the topics that impact the sales, credit and collections process for management. We discuss strategic steps management can take to ensure their processes are efficient and that they are able to actually collect their revenue.
Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase |
The Role of the Controller in ESG Terms (15.7 KB) | Available after Purchase |
The Role of the Controller in ESG Handout v2 (695.6 KB) | Available after Purchase |
Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.
Thu, Jan 02, 2025 - 06:00pm to 07:20pm CST
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Fri, Jan 17, 2025 - 09:00am to 10:20am CST
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Sat, Feb 08, 2025 - 10:00am to 11:20am CST
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Thu, Feb 13, 2025 - 11:00am to 12:20pm CST
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Thu, Feb 27, 2025 - 01:00pm to 02:20pm CST
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Tue, Mar 04, 2025 - 03:00pm to 04:20pm CST
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Mon, Mar 17, 2025 - 09:00am to 10:20am CDT
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Fri, Apr 11, 2025 - 11:00am to 12:20pm CDT
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Thu, Apr 24, 2025 - 01:00pm to 02:20pm CDT
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Fri, May 02, 2025 - 03:00pm to 04:20pm CDT
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Mon, May 12, 2025 - 09:00am to 10:20am CDT
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Tue, Jun 10, 2025 - 06:00pm to 07:20pm CDT
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Sat, Jun 14, 2025 - 10:00am to 11:20am CDT
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Fri, Jun 27, 2025 - 01:00pm to 02:20pm CDT
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Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
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Online Registration
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