Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
2 Hour(s) 12 Minute(s)
Language
English
Taught by
Sonu Thomas
Rating
Course Overview
Procure to Pay - Accounts Payable. Finance Interviews - Practice test - 200+ Question; Answers to test your knowledge
Updated in Oct 2023 - New section added
2 Practice Tests with 200+ Questions and Answers to Test your knowledge.
COURSE UPDATED in Dec 2022.
with additional videos in all sections.
Explained the concepts of AP in 3P model
included Travel expense process overview
"Equip every team member to perform".
"Learn the process right, first time".
This course covers the Procure to Pay / Accounts Payable process in a structured manner for every business - 3P MODEL
P1 - Procurement
P2 - Processing
P3 - Payment
This course offers 2 segments of learning - Online and offline
Online - Videos explaining all the key aspects of procure to pay. Process overview, Vendor management, Procurement, Invoice processing, Documentation, Payment accounting, Controls, Payment modes, Month close reviews etc.
Offline - Downloadable resources -
~ One PDF containing all interview questions and answers including scenario-based questions.
~ Another PDF containing relevant accounting Journal entries
Scenario based questions is the key highlight of this course. I am confident that you will be able to relate to these questions when you attend your next interview and handle the questions exceptionally well in real-life scenarios.
This course has information or questions and answers relevant for all stages of your career - beginner, mid-level or senior levels.
This course is designed in a simple layman language and anyone who doesn't have prior knowledge also can understand the basic concepts and controls in accounts payable, to perform better in your current role and in job interviews as well.
As a Finance leader who has been managing large teams, I am always involved in selecting the right candidates for the roles. This first-hand experience of the questions asked, and answers given during such interviews forms the basis of this course and the downloadable PDF
Over the years, I have seen that the candidates are under prepared or do not provide answers in a confident manner. I felt the need to consolidate all the questions and answers which can act as a guide.
Preparation guarantees performance and this course will be a useful refresher and reference point for any clarifications and for last minute preparation before you attend any accounts payable interviews.
This course can also be used for induction training for Accounts payable team
Course Content
- 10 section(s)
- 42 lecture(s)
- Section 1 INTRODUCTION
- Section 2 3P's - PROCUREMENT
- Section 3 3P's - PROCESSING
- Section 4 3P's - PAYMENT
- Section 5 MONTH CLOSE REVIEWS
- Section 6 ACCOUNTING ENTRIES
- Section 7 INTERNAL CONTROLS
- Section 8 TRAVEL EXPENSE - HIGH LEVEL OVERVIEW
- Section 9 SCENARIO BASED QUESTIONS
- Section 10 PRACTICE TEST - TEST YOUR KNOWLEDGE
What You’ll Learn
- Prepare you for the next big role in Accounts Payable
- You will have the competitive advantage over other potential candidates
- Equip you with the most relevant answers for Accounts payable interview questions
- Able to perform at your best in atleast 9 out of 10 interviews
- Able to perform better in current roles leading to promotion to higher levels
- Considered as a subject matter expert and become a valuable resource in accounts payable for any organization
- Have a fair idea of the As-Is process and To-Be process for accounts payable
- Become more control conscious
- BONUS - Downloadable resources - One PDF containing all interview questions and answers
- BONUS - Downloadable resources - One PDF comprising of Accounting Journal Entries - A simple compilation
Skills covered in this course
Reviews
-
IIlaria Favilli
no detailed explanation, just reading of the slides
-
AAnastasiia Zhovner
Extremely theoretical course which gives a general understanding of AP process. A test task at the end of the course consists of 146 questions 70-80% of which repeat many times.
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DDeepa
completely beneficial for a person like me who is about to switch domain really very beneficial, my heartfelt thanks to Mr. Sonu Thomas.
-
CCarmen Merit Sánchez González
The instructor is not well understood, some words at the end of sentences are incomprehensible, or he makes pauses where they should not be made; therefore, the subtitles are not reliable.
