Author : | Mary S Schaeffer, MBA |
Course Length : | Pages: 37 ||| Word Count: 19,598 ||| Review Questions: 16 ||| Final Exam Questions: 20 |
CPE Credits : | 4.0 |
IRS Credits : | 0 |
Price : | $35.95 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - Technical - NASBA Registry |
Primary Subject-Field Of Study: | Accounting - Accounting for Course Id 2085 |
Description : | Electronic payments are fast becoming the preferred method of payment for best-practice companies. The COVID crisis shined a light onto the inefficiencies of making paper payments. While many professionals were well aware that paper checks were expensive and used valuable human resources, this detail was often swept under the rug. With an increasingly remote workforce, feigning ignorance no longer works. Ss organizations recognize the cost-savings and efficiencies associated with ACH payment programs, they are starting to change. This will only continue with the introduction of Real Time payments. This course presents basic information the professional can use to properly set up and grow and ACH payment program, understand when to use more costly wire transfers and how to use Instant Payments. Industry expert Mary Schaeffer shows auditors, controllers, and managers exactly how to do this. She also alerts readers to the growing threat of fraud in this arena, offering advice for everyone – whether or not they are currently making electronic payments. “Everyone who does not take the proper precautions is at risk,” she warns. |
Usage Rank : | 0 |
Release : | 2022 |
Version : | 1.0 |
Prerequisites : | None. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
Electronic Bill Payment & Presentment (EBPP)
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 07-Oct-2022 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | NASBA QAS - Text - Technical - NASBA Registry - 2085 |
Keywords : | Accounting, Electronic, Payment, Primer, Savvy, Companies, Pay, Bills, cpe, cpa, online course |
Learning Objectives : |
Course Learning Objectives
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
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Course Contents : | Chapter 1: How ACH Payments Work Review Questions Chapter 2: How to Start an ACH Payment Program Review Questions Chapter 3: How to Expand an ACH Payment Program Review Questions Chapter 4: How to Protect Your Organization against ACH Fraud Review Questions Chapter 5: ACH Best Practices, Gottchas and Worst Practices Review Questions Chapter 6: The Remittance Advice Review Questions Chapter 7: Wire Transfers Review Questions Chapter 8: Real Time Payments (Instant Payments) Review Questions Glossary |