Online Accounts Payable Specialist Training
Accounts payable specialists perform a vital function in today's organizations by making sure bills and commitments are paid on time, accurately and completely. This 100% online course, which can be started and completed at any time, will teach you the concepts, requirements and procedures for handling accounts payable. By course completion, you will be fully prepared to pass the Accounts Payable Specialist certification, offered by the Institute of Finance & Management.
According to PayScale.com, accounts payable specialists earn between $15 and $24 per hour, depending on experience and industry. Including common bonus and profit-sharing programs, annual incomes range from $31,715 to $53,847.
Indeed.com notes that nearly every organization incurs accounts payable, and most require specialists to organize and manage their accounts payable processes. The U.S. Bureau of Labor Statistics indicates that there are almost 2 million accounting and bookkeeping specialists in the labor force, so the overall demand for well-trained professionals is significant.
Because many organizations manage their accounting online, accounts payable specialists have strong opportunities for remote, work-from-home, contract and temporary positions.
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Frequently asked questions
What do accounts payable specialists do?
When companies purchase goods, services or commodities online, they incur obligations to repay their vendors and providers under specific circumstances. Those obligations are recorded as "accounts payable." Organizing, managing and repaying those accounts keeps an organization on good terms with its creditors and may influence its ability to borrow. Accounts payable specialists may also participate in the organization's cash management procedures.
Is certification required for an accounts payable specialist?
Certification marks an employee or job prospect as one who values and practices high professional standards. While formal degrees may be helpful for accounting and bookkeeping positions, excellent certifications signal a candidate's capability, often at a much lower cost.
IS IOFM certification valuable?
Institute of Finance & Management certifications are considered the gold standard for practical accounting and bookkeeping jobs. Holders of the Accounts Payable Specialist certification are recognized for their accuracy, timeliness and attention to detail in accounts payable processing.
What job titles are associated with an accounts payable specialist?
Accounts payable specialists may also be known as accounts payable clerks, accounts payable managers, accounts payable accountants, director of accounts payable or many other titles.
Course details and registration information
Accounts Payable Specialist Certification (Exam Cost Included)SEF-3001BOG
Today's companies employ certified accounts payable professionals to ensure their expenses are accurately paid. This online, associate-level course focuses on intermediate financial operations skills and prepares you for the Institute of Finance
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