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Essentials of Accounts Payable (Essentials Series) Paperback – 11 Jan 2002

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Product details

  • Paperback: 290 pages
  • Publisher: John Wiley & Sons; 1 edition (11 Jan. 2002)
  • Language: English
  • ISBN-10: 0471203084
  • ISBN-13: 978-0471203087
  • Product Dimensions: 15.3 x 2 x 22.9 cm
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 1,123,838 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Product Description


An excellent introduction to the world of Accounts Payable (AP) with loads of specifics on best practices and helpful hints on how to best get the job done. Chock full of information on how the AP function operates today with a vision for the future of those operations. Although written as a primer for someone new to the AP world, even the most seasoned AP professional will find new and important insights about the AP function. (Sandy Campos Vice President of Corporate Services Charles Schwab & Co., Inc.)

From the Back Cover


Full of valuable tips, techniques, illustrative real–world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in accounts payable.

"A real–world approach, with great insights and practical wisdom on all aspects of the accounts payable process. Essentials of Accounts Payable provides accounts payable professionals with a framework for action in a rapidly changing environment."
Tom Nichols, Division Manager, Accounts Payable Operations, AT&T

"Mary Schaeffer has combined her considerable knowledge of the accounts payable process with the learning and benchmark statistics from top companies to produce a world–class guide to the AP process. Without Mary Schaeffer, and IOMA, AP would still be a neglected financial process without any formal reading to explain the complexities of a process that most companies think is simply paying the bills. This book is a must–read for anyone working in, directing, or managing AP operations, both seasoned professionals and those new to the process."
Linda Sawyer Sisko, Programs Manager, Cisco Systems, Inc.

"This book does an excellent job of explaining the often complicated basics of the accounts payable functions. It provides a quick snapshot for busy executives who need to know how an accounts payable department should run. It is an excellent update for those executives who need to keep up to date on numerous issues that affect this rapidly evolving profession."
Adrienne Glasgow, Chief Financial Officer, American Red Cross in Greater New York

The Wiley Essentials Series because the business world is always changing...and so should you.

Inside This Book (Learn More)
First Sentence
Understand accounting and bookkeeping as they affect account payable and where accounts payable fits into the big financial picture Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews

1 of 1 people found the following review helpful By Jeanette Gray on 11 May 2009
Format: Paperback
I used this book as a refresher book, having worked in a pure AP environment some 6-8 years ago. It was very useful, however, it was written about 6 years ago so a revised copy, if on sale, would have scored 5 stars.

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Most Helpful Customer Reviews on (beta) 9 reviews
3 of 3 people found the following review helpful
Best Practices Book on Accounts Payable - Recommended 27 Sept. 2009
By Citizen John - Published on
Format: Paperback Verified Purchase
Essentials of Accounts Payable is a great resource. I'm a practicing CPA and I found it useful.

Accounts payable is normally the first place a new accountant/bookkeeper is going to get a start within an accounting department. And this is in many ways an organization's first line of defense, so it's important to have the function well-covered. Essentials of Accounts Payable is filled with best practice information and advice that will prove insightful and useful to anybody dealing with this function.

This book is not meant to be a complete preparation for the job of accounts payable. One still must learn "debits and credits" - basic accounting. Also, every organization has its own mix of circumstances and history and is therefore unique. What is a desirable practice in one organization may not be in another as the book makes clear. By gaining information, insights and advice on the subject, one is better prepared to properly revise their own accounting policies and procedures.

Since accounting policies and procedures are not static, it pays to revisit ideas about accounts payable. This is a great book for that purpose.
3 of 3 people found the following review helpful
A highly practice-oriented guide to AP world 27 July 2005
By WU QI WEN - Published on
Format: Paperback
A useful handbook for accounts payable professionals. A wide-visioned summary & comparison from accounts payable operations of many companies of various types. Describe things in very details. It will be better if the best practices are more focused to be articulated. Overall, this book would enable someone in this area to achieve a more systematic perception into accounts payable.
1 of 1 people found the following review helpful
Good read 28 Jun. 2013
By hdwmc - Published on
Format: Paperback Verified Purchase
If you want a better understanding of A/P, this is a good book with a quick overview of how things work.
... the earlier version of this book and both are excellent resources for an Accounts Payable professional 9 Mar. 2015
By Mary A. Jernander - Published on
Format: Paperback Verified Purchase
I have bought the earlier version of this book and both are excellent resources for an Accounts Payable professional. This book includes updated information regarding the latest rules, regulations and technology issues in relevant in today's world.
Manager 10 April 2002
By A Customer - Published on
Format: Paperback
A remarkable book in getting anyone up to speed in the world of Accounts Payable. I found this book extremely, It gives valuable insights to both the begineer and the seasoned pro of AP
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