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KFC938 – Optimize Cash Flow Through Receivables Factoring

Course and Test $ 45.00
Course and Test PDF $ 30.00
Additional Hard Copy Test $   6.00
Additional Online Test $   6.00
SKU: KFC938 Category:

CPE Credit Hours: 2NASBA Color logo-1 inch

Field of Study: Accounting

Publication date: October 2022


Factoring is a type of transaction where an entity sells its customer receivables to a financial intermediary, who then in turn collects payment from the entity’s customers.  Many entities employ this strategy to accelerate cash collection. This course provides an overview of the accounting and reporting requirements with respect to accounts receivable factoring programs, as well as the conditions that must be met in order to recognize the transfer of these financial assets as a “true sale,” instead of a secured borrowing.

More Information

This is a self-study CPE course.
Program level: Overview
Prerequisites: None
Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year From Date Of Purchase