Apa Guide to Accounts Payable

The APA Guide to Accounts Payable is literally your one-stop-shop for everything you need to know about how to run a successful AP department. It guides you through all the essential issues you need to take into consideration in order to make proper payment decisions. And it provides straight-forward, practical answers and "how-to" tips covering the full range of responsibilities carried by AP departments today.

APA Guide to Accounts Payable concentrates exclusively on what it takes to make an accounts payable department operate at maximum efficiency, and what AP professionals can do to fulfill their responsibilities according to the highest standards of the industry.

The APA Guide to Accounts Payable will help you:

• Fully understand how to identify payments that should not be authorized
• Recognize misclassified workers who should be paid through payroll as employees rather than as independent contractors paid by AP
• Identify payees that are blocked from receiving payments by Office of Foreign Assets Control (OFAC), and work with the new International ACH Transaction rules
• Avoid any duplicate or erroneous payments
• Understand best practices for evaluating or implementing outsourcing or shared services
• Navigate the rapidly changing landscape of AP technology and procure-to-pay processes
• Detect and prevent fraud in your AP process
• And much more!

The APA Guide to Accounts Payable enables you to do all of that - and more!

You'll receive clear and concise guidance and practical solutions for handling key accounts payable issues, including:

• Travel & Entertainment
• Fraud and Security
• State and Federal Tax Issues
• Abandoned and Unclaimed Property
• Compliance with Sarbanes-Oxley Requirements for Financial Accountability
• Audits of Payments to Foreign Entities
• New Technology in the AP Workflow
• And more!

APA Guide to Accounts Payable, 2015 Edition has been updated to include coverage of:

• Red flags giving reason to doubt the validity of Form W-8 certifications
• What to look for on a completed Form W-8ECI when reviewing it for sufficiency
• Explanation of the challenges of the new Form W-8IMY
• Inconsequential Form W-8 errors according to the regulations
• Explanation of new regulations allowing payers to rely on Form W-8 received electronically
• New procedure for second B Notices
• What the IRS National Research Program uncovered that may result in a sharper audit focus on 1099s
• New due diligence required of Accounts Payable in documenting new vendors and maintaining the vendor file
• 2015 indexed amounts for HSAs
• And much more!