Description
Date
1st Batch: 13th – 15th Jan, 2025
2nd Batch: 24th – 26th Mar, 2025
3rd Batch: 26th – 28th June, 2025
4th Batch: 8th – 10th Sept, 2025
Event Details
The purpose of reconciliation is to provide consistency and accuracy in financial accounts. This workshop will greatly enhance participant’s ability to strategically reconcile accounts.
CONTENT:
*Reconciliation best Practices
– Collecting relevant account data like invoices
– Checking account balances, correcting these balances
– Finding discrepancies
– Controlling policy to prevent discrepancies
*Generally Accepted Accounting Principles
(GAAP)
– Double-Entry Reconciliation
– Account Conversion
*Accounting Principles
– Historical cost
– Matching
– Disclosure
*Reconciliation Balance
– Review Processes
– Adjusting processes to match the supporting detail
* Application of IT in Accounts Reconciliation
– Various Available Reconciliation Packages
– Emerging Challenges
FOR WHOM: Accountants, Treasurers, Auditors, Reconciliation Officers, Finance Managers and others who
Perform related functions.
TRAINING METHODOLOGY
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 participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
