Accounts Payable: Accounting and Management Best Practices

Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 3,900

Overview

This course will discuss how to handle invoices, process checks, prevent errors, conduct annual audits, and use technology in the department. You will also learn the best practices to adopt in your AP department and how to develop your department into an effective business partner.

Learning Objectives

• Identify the function of accounts payable and its role in organizations
• Use accounting principles related to accounts payable
• Describe how to take a successful lead in the management of accounts payable
• Assess AP operations and processes and recommend improvements using the latest best practices
• Evaluate main issues affecting AP staff in order to increase their efficiency and productivity
• Apply tools and techniques in Microsoft Excel to effectively manage and monitor AP performance

Who Should Attend

This course is designed for professionals working in finance and accounting, as well as those whose responsibilities require a stronger practical grasp of the subject and its application within their organisation.

• Professionals in Financial Accounting
• Finance, accounting and audit professionals
• Analysts and controllers

Course Outline

Day 1 — The meaning of managing accounts payable

• The functions of management
• The big picture: accounts payable and the financial health of organizations
• The functions of the accounts payable department and the role of AP staff Accounts payable impact on working capital and cash management
• Accounts payable terminologies

Day 2 — The three-way matching

• Methods of payment processing
• Maintaining the vendor master file
• Travel and Entertainment (T&E)
• Procurement Cards (P-Cards)

Day 3 — Developing performance metrics

• Applying best practices in your organization
• Identifying proper internal controls
• The annual audit as an added-value
• Impact of AP outsourcing

Day 4 — Ways to motivate AP staff

• Organizing the AP department
• Closing the communication gap
• Dealing with internal and external disputes
• Importance of internal customer service

Day 5 — Evaluating early payment discount

• Pros and cons of early or late payments
• Relationship with the treasury department
• Interface between the accounts payable system and Excel
• Using pivot tables to extract valuable information

Accreditation

Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
15–19 November 2026	Dubai, UAE	Public	5 days	3,900

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Frequently Asked Questions

What do Al-Khobraa finance and accounting courses cover?

The portfolio covers IFRS (International Financial Reporting Standards) and IPSAS, financial analysis and reporting, budgeting and forecasting, cost and management accounting, accounts payable and receivable, internal controls and audit, and finance for non-finance managers.

Who should attend a finance and accounting course?

These courses suit accountants and financial analysts, finance managers and controllers, budgeting and planning staff, internal auditors, accounts payable and receivable teams, and non-financial managers who own a budget or read financial statements.

How long are finance and accounting courses, and where are they held?

Most Al-Khobraa finance and accounting courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.

What certificate will I receive?

Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.

Can finance and accounting training be delivered in-house for our team?

Yes. Any Al-Khobraa finance and accounting course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.

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