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Managing Receivables-credit Monitoring And Control

0 person is attending    1 Views    Accounting/Auditing    ₦105000   

OBJECTIVE

The profit of a company is made not just from sales. Profits come also from the ability to minimize costs and prevent unnecessary costs such as bad debts written off. Ironically, it can happen that the more a company sells, the less it makes. Preventing losses arising from bad debts begins with ensuring credit is extended only to these who deserve it. Doing just this is, however, not quite enough. Credit once extended must also be well managed to ensure that the accounts do not deteriorate in quality, and if they do, to take early remedial action. Take action early to minimize losses arising from defaulting customers.

 

CONTENT

- Accounts receivables

- Supervision, monitoring and follow-up

- Credit management

- Classifying problem accounts

- Causes of problem accounts

- Causes of business failures

- Monitoring adverse environment and market changes

- Taking action early

- Keeping in touch with customers

- Understanding your customer’s behavior

- Effective collection tools and techniques

- When to reorganize, recapitalize, refinance and restructure

 

For Whom: Accountants, Auditors, Financial Controllers, Finance Managers and Financial Analysts, CFOs and others who perform related functions in both public and private sectors.



What you'll learn Credit once extended must also be well managed to ensure that the accounts do not deteriorate in quality
Seats Remaining 15
Venue Alpha Partners Professional Training Conference Centre, 200, Muritala Mohammed Way (3rd Floor) Opposite Adekunle BRT Bus-stop, Yaba - Lagos.
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Starts On 26 Sep 2017
Ends On 29 Sep 2017
Registration Closes 26 Sep 2017



Trainer

Alpha Partners
Member since: 1 year ago
Alpha Partners is a staff training and development company headquartered in Lagos, Nigeria.

Pay ₦105000 for this Training

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Total Cost ₦105000
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