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Workshop on Accounts Reconciliation: Best Practices

By: Human Capital Associates Global Consult Ltd

State, Nigeria

19 - 23 Aug, 2024  5 days

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NGN 250,000

Venue: Pakiri hotel Ltd., 4 Okwuruola Street, off Stadium Road, Rumuola, Port Harcourt, Rivers State

This program 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.

Program Objectives:

At the end of the program, participants will be able to.

  • Define account reconciliation
  • Gain comprehensive knowledge and skills to ensure all financial transactions are correct and complete
  • Implement reconciliation techniques
  • Acquire skills for reconciliation procedures and documentations
  • Learn how to overcome problems often encountered in reconciliation processes
  • Prepare a reconciliation statement

For Whom:

Directors, 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

Pakiri hotel Ltd., 4 Okwuruola Street, off Stadium Road, Rumuola, Port Harcourt, Rivers State Aug 19 - 23 Aug, 2024

Registration: 09:00:am - 04:30:am

NGN 250,000.00 + 12,500.00 (VAT)(Group discount available)
USD 500.00 + 25.00 (VAT)
(Convert Currency)

Asije Philip 08051365946, 07087578814, 08068933608, 08029170491, 08145745664, 09112830607

Group discount available
OMOREGHA, SOLA. FIAM, ACA - Controller Stores, Megavons West Africa Ltd (WAEC subsidiary). A self-directed, competent Internal Auditor with skills in system application software’s, management of Internal Control System, Risk Assessment, Safeguard of Corporate Assets, Process and Proficient in Pre and Post Cost Control. Mr. Omoregha is an advocate of responsibility accounting and cost control management. Mr. Omoregha is proficient in budgeting, forecasting and trend analysis, Financial Modeling Expert (To prepare Income Statement, statement of financial Position, Cash Flow, and Proficient in investment analysis using discounting methods, (NPV, IRR.) USING EXCEL, Break Even Analysis to measure margin of safety, anticipated profit, Using Scenario Manager, goal seek for analysis, Business and Financial Risk Assessment, Inventory Control Management, Budget preparation and defense, variance analysisAdebowale Adeyemi FCA – An experienced Fellow of the Institute of Chartered Accountants Nigeria (ICAN) who has worked as an outstanding accountant and a result-oriented strategist. He is highly enthusiastic about efficient and effective delivery of quality Accounting, Financial, Auditing and Strategic Management services and possesses top professional skills in the areas of interpersonal, informational and decisional managerial roles. As a trainer, he deploys a strategy that appears tailor-made to each participant. He is detailed, painstaking is his delivery. Over the past two decades, he has developed a strategy that is both effective and efficient in delivering knowledge. He helps participants and trainees overcome their fears and navigate easily into new terrain. As a technophile, his love for technology and hands-on usage puts him at an advantage in his trainings on Microsoft office tools as well as other soft skills. He has also been a good trainer for accounting and business related topics to Accountants and non-accountants alike.
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