OBJECTIVE:
The course on managing accounts payable is designed to enhance the performance of credit officials and indeed all Managers that play a role in the payment process in both the Public and private Sectors

CONTENT:

• Developing the corporate payment policy.
• Discovering the latest time saver for processing payables.
• Update on requirements for handling payments in both the public and private sectors&Cash flow Management to meet payment requirements.
• Spotting weaknesses in current process to prevent costly errors.
• Streaming the entire payment process with simple techniques
• Basic documents that must be attached to a payment voucher
• Handling and safe keeping of payment Vouchers
• What to watch out for while approving an invoice for payment
• Managing payments in advance including the use of bonds.
• Effective controls for reducing duplicate payments, fraud and wasteful spending
• Essentials of managing mountain of invoices with ease.
• Tracking invoice and purchase order with new found ease and accuracy
• Building safety nets into the processing system that guarantee that bill get paid on time. How to avoid costly mistakes and save the organisation good money
• Dealing with back log of unpaid invoices
• Using the Internet of get quick answers to key questions
• Questions that must be asked about each invoice to ensure that the organisation has received what is being paid for.
• Maintaining current and accurate payment records
• Setting up vendor number control and receiver controls
• Charging expenses to the right accounts
• Surefire ways to spot and stop expense account padding
• Early payment discounts when are they a good deal?
• How-to ‘s’ in negotiating your way out of paying late fees
• Tips for negotiating excellent payment terms. Making cross-border payments
• Managing value-added tax, withholding tax and other deductions
• Public sector peculiarities as contained in the financial regulation, Public service rules etc. Emerging trends and future challenges                                                                                     

THE WORKSHOP IS DESIGNED FOR: 
Chief Executives, Directors, Top Management Staff,
Accountants, Auditors, Treasurers, Credit Managers and all Managers that
play a role in the payment process in both the
Public and private Sectors .


WORKSHOP METHOD:
Formal lectures, Group discussions and Case study.

WORKSHOP VENUE:           
Nisrel Training and Conference Center,
Elephant Cement House,
(5th floor, B Wing) Alausa, Ikeja- Lagos.

DATE: 15-17 June & 9-11 November 2009
                       
FEES: The workshop fee is N55, 500.00 (Forty Five Thousand Five Hundred Naira) only, per participant to cover workshop literature and materials, Executive Bag, Tea/Coffee, Lunch, Photographs, Certificates. Payment may be in cash or Bank draft. Payment may be made before the workshop date or at the venue of the workshop.

DISCOUNTS:
3-5 Participants   5%
Above 5-participants    10%

MODE OF PAYMENTS:
Payments in cash or bank draft should be made to the “Ikeja District Society of ICAN “ and sent to: 
   
The Chairman,
Ikeja District Society,
The Institute of Chartered Accountants of Nigeria,
4, Araromi Street Aniforwose,
P.O BOX 13392, Ikeja.
Tel: 01-8143025 , 01-7943921,07090058765
For In-house training arrangements, please call Francis on 08035062583; 08075486693