An Effective Accounts Payable Policy and Procedures Manual

  • Credits: 2
  • Format: Self-Study eBook
  • Field of Study: Accounting | Auditing
  • Author/ Speaker: Mary Schaeffer
Course ID: Advanced Preparation: Experience Level:
MS-102.20 None Overview
Published Date: Program Prerequisites: Other Course Formats:
© Jan 2020 Basic Understanding of Accountancy eBook | Self-Study


Effective policies and procedures in the Accounts Payable function are critical for any organization wishing to reduce or eliminate duplicate payments, prevent and detect fraud, be cost-effective, and compliant with all regulatory issues affecting the payment function. The first step in that battle is having a current, detailed policy and procedures manual.

This course presents information the professional can use to create an effective manual, that not only documents the organization's policies and procedures, can be used as a reference and training guide. Industry expert Mary Schaeffer shows auditors, controllers, and managers how to create such a manual when none exists. She also includes an outline for a sample policy as well as a checklist they can use to determine if their current policy is best practice or something less.

Who Should Attend:

  • All Certified Public Accountants (CPAs)

Qualifies and approved with all state boards of accountancy and the following sponsorships: