Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Suspense Accounts Management and Accounting Reconciliation Strategies Course

By: Francis Consulting

Abuja FCT, Nigeria

06 - 09 Sep, 2022  4 days

Follow Event

  

NGN 225,500

Venue: Alexis Hotel and Conference Centre Jabi Abuja

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 Organisation 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.

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 etc.
  • Inter branch and Inter-company reconciliations.
  • Transfer pricing and reconciliation.
  • Prudential guidelines including provisions in the accounts based on unrecognized items.
  • Application of information technology in reconciling outstanding suspense items.
  • Various available inter- branch and inter-company reconciliation computer packages.
  • Experience sharing session.
  • Emerging trends and future challenges.

Facilitators: A distinguished team of Facilitators who are eminently qualified Professionals gas been assembled to lead discussions in curse of the workshop.

For Whom: Accountants, Auditors, Stores Managers, Cash Officers, Credit Managers, and others that perform related functions in both the public and private sectors including Banks Oil Companies, Insurance Companies, Manufacturing Companies, Service Companies, Trading Organisations, Government Ministries, Parastatals, Agencies, Commission

Methodology:  Formal lectures, Group discussions and Case studies.

Alexis Hotel and Conference Centre Jabi Abuja Sep 06 - 09 Sep, 2022
NGN 225,500.00
(Convert Currency)

Dr. Francis Okereke 08082263439

DR FRANCIS OKEREKE FCA,FCIB,FIMC,CMC,FCILRM,MBA will lead other industry experts in this all important seminar.