Unreconciled items and suspense accounts have inevitably become rampant in the accounting systems of most corporate organizations. They arise due to mistakes in handling day-to-day transactions, lack of adequate accounting knowledge, poor work attitude, fraudulent activities or a combination of these and other factors.
Unreconciled items definitely affect the corporate financials adversely and in many cases result in statutory provisions that erode the profit/surplus of the corporate organization in the public and private sectors.
- Accounts Code
- Suspense and Error Accounts
- General Ledger
- Sorting and Matching
- Account Reconciliation Policy
- Cash Deposit
- Cash Receipts
- Petty Cash Fund
- Inter Branch and Inter-Company Reconciliation
- Transfer Pricing and Reconciliation
- Uncredited Item
- Unpresented Cheques
- Bank Charges
- Credit Transfers/Direct Credits Software for Reconciliation
- System Requirements
- Entry of Data and Information
Fraud Activities in Accounts Reconciliation
- Managing the excesses
- Balancing the books
Accountants, Treasurers, Auditors, Reconciliation Officers, Finance Managers and others who perform related functions
This course is being run by ALPHA PARTNERS in collaboration with THE INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA, LAGOS MAINLAND DISTRICT.
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participants will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.