Course Overview
This introductory course covers the essential concepts and importance of accounts receivables (AR) in business finance. Participants will learn how to set up effective credit policies and assess credit risk, forming a solid foundation for AR management.
Course Objectives
- Understand the role and significance of AR in business finance.
- Develop and implement clear credit policies.
- Conduct effective credit risk assessments.
Course Outline
Module 1: Understanding Accounts Receivables
- Definition and significance of AR
- Impact of AR on cash flow and profitability
Module 2: Setting Up Effective Credit Policies
- Defining and communicating credit policies
- Establishing payment terms and conditions
Module 3: Credit Risk Assessment
- Conducting credit checks
- Evaluating and monitoring customer creditworthiness
Course Content
Module 1: Understanding Accounts Receivables
Module 2: Setting Up Effective Credit Policies
Module 3: Credit Risk Assessment
