myCPE New Year Offer. Unlimited Continuing Education only @$299 $199 (3 Days Left) CLICK HERE to view.

Creative Collection Techniques Best Practices In Accounts Receivable Collection

  • CPA (CA)
  • CIA
  • CMA
  • CPA (US)

Published: September, 2021

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • Faq

Course Description

Overview

  • Securitization, what does that mean.
    3 mins
  • Personal property Security Agreement
    41 mins
  • Purchase Money Security Interest
    52 mins
  • Assignment of a particular receivable
    58 mins
  • Conditional Sales Contract
    74 mins

Course Description

As my grandma always said, you catch more flies with honey than with vinegar, well it's also true that you collect more accounts with strategy than with threats and screaming. Collecting accounts is a game of strategy, a game that you can play well, enjoy, and win.

Getting paid promptly is an ongoing hassle and badgering clients for past due is what all hate to do. This is especially true for challenging times. Challenging economic times require creative solutions for getting paid which involve far more than just asking for the money you need and getting it all, and on time. 

There are three things we need to remember:

  • When we are collecting, we are engaged in negotiations
  • Creditors who hold security get paid first.
  • Don’t be left out of the money because you didn’t know your rights as a creditor.


Major Topics Covered in Online CPE Business Management and Organization webinar:

  • Finding customer assets.
  • 12 ways of securing inventory before it leaves your company.
  • 5 ways service companies can secure their receivables.
  • How to do collateral searches.
  • New commercial vs. consumer bankruptcy rules.

Learning Objectives

  • To identify how to collect accounts without bullying or manipulation.
  • To analyze how to get what you want and enjoy the process.
  • To discuss creative solutions that enable you to collect the sale.
  • To analyze best practices to securitize the money owed to you.

Recommended For

  • This Online Continuing Professional Education webinar is recommended for CPAs, CMAs, CIAs, and Other Accounting Professionals who desire to support their clients with best practices in Accounts receivable collection.
  • This Online Continuing Education webinar is recommended for CPAs in Canada who want to support their clients with creative collection techniques.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Bookkeepers & Accountants & Tax Preparers
  • Business Owner
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 CPE Credit of Business Management and Organization for Certified Public Accountants (CPA-US)
  • 2 CPE Credit for Certified Management Accountants (CMA)
  • 2 CPE Credit of Accounting & Auditing for Certified Internal Auditors (CIA)
  • 2 CPD Credit for Chartered Professional Accountant (CPA Canada)

Presenter

About Presenter

Michel Morley

Founder Mike Morley

Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.

An entertaining and informative speaker and trainer, Mike is the author of:

“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.

 “Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.

“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.