Vertex Learning


Accounts Payable: A & M Best Practices


This program aims to cover the management of the accounts payable function and ensure that adequate processes and controls are in place to guarantee that only valid and accurate costs are paid. It also covers the department’s daily controls, the interface with the organisation’s operational, procurement, and finance departments, and cost reporting to relevant managers. The department’s management as well as the requirements for accounting and auditing are covered in the course. In addition to other management responsibilities, such as maintaining the confidentiality of the information and providing pertinent reporting, managing an accounts payable and payroll department requires additional skills.

Top Learning Objectives

You don’t need any accounting or finance experience because we’ll go over everything from the ground up. We will use Microsoft Excel in the course to analyse and create a Balance Sheet, Income Statement, and Cash Flow Statement, so you must have access to and a basic understanding of how to use it.

We will also learn how to create the following financial models from scratch using Microsoft Excel:

  • Discounted Cash Flow,
  • the Weighted Average Cost of Capital,
  • Price to Earnings,
  • Price to Revenue, and so on – all from scratch (assuming you have no or some accounting/finance knowledge).

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