Accounts Reconciliation Strategies and Management of Suspense Accounts Course
Course Overview
Unreconciled items and suspense accounts have inevitably become rampant in the accounting systems of most corporate organizations. 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 these and other factors. Unreconciled items definitely affect the corporate financials adversely and, in many cases, result in statutory provisions that erode the profit/surplus of the corporate organization in the public and private sectors.
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦430000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$5000
Kenya Price:
$6500
Rwanda Price:
$7000
Nigeria Price:₦430000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$5000
Kenya Price:
$5000
Rwanda Price:
$5000
Nigeria Price: ₦430000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $5000
Kenya Price: $5000
Rwanda Price: $5000
Accounting framework
– Accounts Code
– Suspense and Error Accounts
Reconciliation Techniques
– General Ledger
– Sorting and Matching
– Account Reconciliation Policy
Cash Reconciliation
– Cash Deposit
– Cash Receipts
– Petty Cash Fund
Reconciliation Types
– Inter Branch and Inter-Company Reconciliation
– Transfer Pricing and Reconciliation
Bank Reconciliation
– Uncredited Item
– Unpresented Cheques
– Bank Charges
– Credit Transfers/Direct Credits Software for Reconciliation
– System Requirements
– Entry of Data and Information
Fraud Activities in Accounts Reconciliation
– Managing the excesses
– Balancing the books
FOR WHOM:
Accountants, Treasurers, Auditors, Reconciliation Officers, Finance Managers and others who
Perform related functions.
1ST BATCH: Tuesday, January 26, 2027 — Friday, January 29, 2027.
2ND BATCH: Tuesday, May 25, 2027 — Friday, May 28, 2027.
3RD BATCH: Tuesday, September 14, 2027 — Friday, September 17, 2027.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
