Factoring Operations for Starters

Pull the maturity date to today with factoring! A course with detailed information about factoring operations.

Business Administration
Turkish
TRY 43.16TRY 143.88

1 hour 19 minute total time
Lifetime access
Watch on all platforms

Acquirements

  • Factoring technique
  • Application basics
  • Factoring accounting
  • Advantages for businesses

Description

By transferring their receivables from the sale of various sorts of products and services to factoring organizations, delayed enterprises that use this type of financing obtain short-term resources. By exchanging their trade receivables for cash and selling their receivables in return for cash, businesses may fulfill their working capital requirements without needing bank loans or equity. Factoring may be classified based on the location, recourse status, payment schedule, and notification status.

This course has been designed to provide a broad overview of factoring transactions and to describe how the system works. Participants in the course will receive useful knowledge about the factoring approach, including what it is, how to use it, and its accounting procedures. The benefits of factoring will be discussed, and attendees will be explained how local and international factoring systems operate. The legal aspect of the factoring process will be reviewed after the course.

Tutors

M. Vefa TOROSLU
M. Vefa TOROSLU
Independent Auditor Credit Rating Specialist and Corporate Governance Rating Specialist

Course Content

5 chapters6 videos1 hour 19 minute total time
Introduction
  • Introduction03:07
Definition of Factoring
  • Definition of Factoring24:47
Operation of the Domestic Factoring System
  • Operation of the Domestic Factoring System12:41
Legal Aspects of Factoring Transactions
  • Legal Aspects of Factoring Transactions11:04
Accounting Procedures for the Selling Company
  • Accounting Procedures for the Selling Company15:45
  • Transactions According to Debtor Current Methods12:17

Related Courses

TRY 43.16TRY 143.88

1 hour 19 minute total time
Lifetime access
Watch on all platforms