Credit management is a term used to identify accounts functions usually conducted under the umbrella of Accounts Receivables. Essentially, this collection of processes involves qualifying the extension of credit customer, monitors and reception and logging of payments on outstanding invoices, the initiation of collection procedures, and the resolution of disputes or queries regarding charges on a customer invoices. When functioning efficiently, credit management serves as an excellent ay for the business to remain financially stable.

Credit Control, Debt Collection and Indigent Policy

Overview

Singa LodgePort Elizabeth (Eastern Cape SA)

20 May 2016Indigent Policy

The process of credit management begins with accurately assessing the credit worthiness of the customer base. This is particularly important if the company chooses to extend some type of credit line or resolving credit to certain customers. Proper credit management calls for setting arrangement. As part of the evaluation process, credit management also calls for determining the total credit line that will be extended to a given customer.

NQF :NQF Level 5 Credits : 5 credits

17 to 19 May 2016Credit control and Debt Collection

Who should attend

He is consulting internationally, for Southern Business School in African Countries. He is a lecturer for Public Supply Chain Management as part of the Management Development Programme at the Free State University.

He is accredited with NSG and the National Treasury as a Facilitator for the Management Development program for Public Sector. He is also responsible for the development of training material for the National Treasury to be used in training programmes for NSG.

He is an expert on Supply Chain Management, Logistics Management and Inventory and stores management. He is also a well-known presenter in the field of Public Management and Municipal Financial Management.

He presents courses for municipalities on behalf of the DEVELPOMENT BANK OF SOUTH AFRICA and various training institutes.

? Accounts Payable Managers/ Officers ? Accounts Receivables Managers/ Officers

? Assistant Accountant ? Financial Controllers ? Bookkeepers ? Financial Managers

? Payroll Officers ? Internal Auditors

? Financial practitioners of municipalities who require basic training in credit control, debt collection and the development of an indigent policy for a municipality

? Bank Managers officials and Managers

? Accounting and finance Lectures ? All those intending to start career in

finance

Industries ?Municipalities?Government?Parastatals?Banks?Private Companies?Credit Management Companies?Finance organizations?Universities

About the Presenter

? Defining credit control and debt collection? Credit control and debt collection as part of revenue management? Legislative requirements for credit control and debt collection? Role players in credit control and debt collection? Credit control and debt collection responsibilities of municipalities? Customer care and management? Credit control and debt collection policy? Supervisory and implementing authority for credit control and debt collection? Measures to maintain credit control and debt management? Regulations and guidelines issued by Minister for Local Government? Indigent policy – implementation and application? Debtors information as part of municipal budget? Debtors age analysis for budgetary purposes? Collection cost of debt? Long-term debtors as part of non-current assets in balance sheet? Influence of credit control and debt collection on cash flow estimates and management? Development of a credit control and debt collection system and cost recovery? Debt collection mechanisms? Negative effect of ineffective debt collection? Positive effect of effective debt collection? Provision for debt in budget and IDP's/strategic plan

Realities and socio-economic imperatives of credit control and debt management

COURSE OUTCOMESAfter successful completion of this course, the participants should be able to:

? Demonstrate an understanding of credit control and debt collection as part of the revenue management within a municipality.

? Explain the legislative requirements for credit control and debt collection.? Identifies the role players involved in credit control and debt collection.? Explain the necessity and the process to develop a credit control and debt collection policy.? Identify measures and mechanisms to maintain credit control and enhance debt collection.? Identify the debtors' information that is necessary for budgetary purposes and determine

debt collection costs.? Explain the manner in which debtors are included in the financial statements of a municipality.? Explain the influence of credit control and debt collection on cash flow estimates.? Develop a credit control and debt collection system.? Describe how provision for debt must be made in the budget and IDP's/strategic plan

Quantify the impact of socio-economic imperatives on credit control and debt collection at municipal level in a developing country.

COURSE OUTLINE

THE ASSESSMENT PROCESS WILL INCLUDE:

?Group work (continuous assessment) during the 3-day course.

?An assignment that must be completed after the 3-day course within a specific timeframe to demonstrate the participant's ability to apply the knowledge and skills gained during the course

TIME TABLE:LECTURE STARTS: 9:00 AM – 16:00 PM

TEA/COFFEE BREAK: 10:15 AM – 10:30 AMLUNCH BREAK: 1:00 PM – 2:00 PM

Credit Control and Debt Collection R6999.00

Indigent Policy R1500.0017 to 19 May 2016

Credit Control,

Debt Collection

and Indigent Policy

20 Mayl 2016

Singa Lodge

Port Elizabeth (SA)

Account No: 0102 99041

Code: 010 045

Swift Code:SBZA ZAJJ

CDI

Program Name No. of Delegates Suggested Dates

Kindly note, we are able to facilitate other Training courses upon request. Should you have one that is not listed above, please

indicate or inform us by filling in the column below.

Please note that these workshops are available on in-house trainings. The minimum of an in-house is 15 delegates

Fill in the form and send it to us.

Email: /

Fax:+2786 506 9080

Tell:+2712 030 0260 / +2712 772 7702

Website:www.kekereile.com

sydney@kekereile.com admin@kekereile.com

Training programs that we offer in Finance sector

Please mark the program(s) which suit your needs. Scan and E-mail or fax it back to us.

Mark Program name No. of Delegates Suggested date

Public Finance Management Act (PFMA)

Municipal Finance Management Act (MFMA)

Credit Control, Debt Collection and Indigent Policy

Budget and Revenue Management

Government Budgeting and Annual Reporting

Finance for Non finance Management

Project Life Cycle Costing (Total Cost of Ownership)

Negotiation Skills for Buyers

Public Sector Financial Leadership, Strategy. Accountability and Performance

Public Procurements

Strategic Management in Banking

Advanced International Corporate Finance

Advanced Asset Management

Strategic Management in Banking

Risk Management in Banking

Financial Planning

Finance Management for Executive Public Managers

International Financial Reporting Standard (IFRS)

Accounts Payable, Receivables and Credit Management

International Public Sector Accounting Standard (IPSAS) Public Financial Management for Non -Financial Managers

Audit and Compliance