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Suspense Accounts Management and Accounts Reconciliations Strategies

By: Fontini Consulting Ltd

Abuja FCT, Nigeria

20 - 22 Aug, 2018  3 days

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NGN 165,500

Unreconciled items and suspense accounts have inevitably become rampant in the accounting systems of most Corporate Organisations. 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 this and other factors.

Unreconciled items definitely affect the corporate financials adversely and in much case result in statutory provisions that erode the profit/surplus of the Corporate Organization in the public and private sectors.

Needless to emphasis that unreconciled items and suspense accounts should be avoided as much as possible and professionally handled where they inevitably exist, in order to avoid abuse by unscrupulous members of staff.

Partial Content:

  • Basic accounting techniques
  • Basic reconciliation techniques
  • Computer based structure and administration
  • Hierarchy and structure of accounts reconciliation units.
  • Accounts codes
  • Sorting and matching unrecognized transactions.
  • Skill in tracking unrecognized differences.
  • Fraudulent activities in Accounts reconciliation and management of suspense accounts
  • Specific techniques in reconciling Banking transactions, Stock, Debtors, Creditors, Cash ect.
  • Inter branch and Inter-company reconciliation’s.
  • Transfer pricing and reconciliation.
New Laps Hotel - Plot 364 Obafemi Awolowo Way Jabi, Abuja Aug 20 - 22 Aug, 2018
NGN 165,500.00
(Convert Currency)

Dr. Francis Okereke 08035062583

A Distinguished team of who are eminently qualified Professionals has been assembled to lead discussions in course of the workshop
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