Back to Basics | Accounts Payable, Accrued Liabilities, and Long-Term Debt Reconciliations
Tuesday, August 12, 2025 | 10:00 AM PST
Start the new fiscal year with ease by staying ahead of the game with Long-term Debt, Accounts Payable (AP), and Accrued Liabilities.
In this Back to Basics session, LSL Senior Manager Jayme Lambert, CPA will briefly touch on what belongs on your long-term debt schedule, benefits of prioritizing early debt reconciliation, and the impact of staff turnover on thorough covenant review.
But that’s not all—get the details on how to:
- Establish a robust cut-off policy for AP
- Ensure all payables are captured in the correct period
- Reconcile the AP aging to the general ledger
- And, avoid stale AP that should be paid or written off
Plus, gain insights into Accrued Liabilities including payroll accrual & how to calculate it and compensated absences accrual & how it will change with the new GASB 101 standard.
Jayme will also answer questions during a live Q&A.
Can’t make the live session? Register anyway, and we’ll send you the recording!