This program on Accounts Reconciliation focuses on the importance of account reconciliation for detecting fraud and balance-sheet accuracy. Doing it right requires the proper training. Many organizations train new employees on how to reconcile accounts with old, tired methods because “this is how it’s always been done.” Whether this is positive or negative depends on how much emphasis is placed on what a good reconciliation should be.
Good account reconciliation reflects five main characteristics: Assessment of the validity, correctness, and appropriateness of the account balance. At a specific, verifiable point in time, documented by relevant calculations and clear and complete explanations, with copies of supporting documents, and in compliance with company policy.
$ 900.00
Event Date: 12/03/2024 – 14/03/2024
11/06/2024 – 13/06/2024 |
Price: $ 217.87 |
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10/09/2024 – 12/09/2024 |
Price: $ 217.87 |
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10/12/2024 – 12/12/2024 |
Price: $ 217.87 |
Course Objectives:
At the end of the program, participants will be able to;
For Whom:
Financial Controllers, Heads of Finance, Finance Managers, Auditors, Accountants, Reconciliation Managers/Staff, Bank Officers, and others who perform related functions/who want to update their knowledge and skills in Accounts Reconciliation
Course Contents: Reconciliation Overview Reconciliation Techniques Reconciliation Procedure Reconciliation Problems Reconciliation Statement
Process, Policy and Procedures
Issues/Challenges of Accounts Reconciliation
Accounts Payable and Receivable
Invoices and Memos
Outstanding Payments
Fixed Assets
Assets Categories
Suspense Accounts and Errors