Fundamentals Accounts Reconciliations Strategies
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.
Outline
*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.
Speaker/s
Special Offer
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.
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