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The Controllership Series - Sales, Collections and Customer Credit

 Various
 
1.5
Registration is Open
Member Price
$59.00 Regular Registration
Your Price
$79.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Thu, 06/05/2025 from 7:00 pm to 8:22 pm
 Sat, 06/14/2025 from 12:00 pm to 1:22 pm
 Fri, 06/20/2025 from 1:00 pm to 2:22 pm
 Fri, 07/11/2025 from 3:00 pm to 4:22 pm
 Mon, 07/28/2025 from 5:00 pm to 6:22 pm
 Sat, 08/02/2025 from 9:00 am to 10:22 am
 Wed, 08/20/2025 from 11:00 am to 12:22 pm
 Mon, 09/08/2025 from 1:00 pm to 2:22 pm
 Thu, 09/25/2025 from 3:00 pm to 4:22 pm
 Wed, 10/01/2025 from 5:00 pm to 6:22 pm
 Tue, 10/21/2025 from 9:00 am to 10:22 am
 Fri, 11/14/2025 from 11:00 am to 12:22 pm
 Fri, 11/21/2025 from 1:00 pm to 2:22 pm
 Mon, 12/01/2025 from 3:00 pm to 4:22 pm
 Thu, 12/11/2025 from 5:00 pm to 6:22 pm
Designed For:

Controllers, Accountants, Finance Professionals, Auditors

Prerequisite:

None

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.
 

Delivery Method: Individual webcast
CPE Credit: Accounting, Auditing
Program Level: Update

Sponsors

For Technical Support: 
Please contact the ACPEN Help Desk at (877) 602-9877, [email protected]   or visit https://vscpa.acpen.com/Support/. The Help Desk is available by phone 24/7, 365 days a year. Allow 1 business day for email

Objectives

  • Discover and define how the sales and collection process intersect
  • Explore and define the collections process
  • Identify and understand the challenges of the collection process
  • Identify steps to include in the collection process
  • Recognize the Collections in today’s world

Speakers

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) 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: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.