ATG-205 Accounting for Accounts Payable and Accounts Receivable

Accounting for Accounts Payable and Accounts Receivable will cover regulation and practice of Accounts Payable (A/P) and Accounts Receivable (A/R). Students will explore regulation and best practices pertaining to the functioning of A/P and A/R within the accounting cycle and will learn about the importance of relationships with vendors and customers. Because A/P and A/R are the points in which cash enters and leaves an organization, students will learn about process vulnerabilities and internal controls necessary to mitigate such vulnerability. Finally, students will form links between technology used in practice and concepts explored in the course.

Credits

2

Prerequisite

Successful completion of ATG-110 with a grade of C or higher, or instructor consent.

IAI Code:

None

PCS Code:

1.2

Lecture:

2

Lab:

0