Reconciliation of Financial Transactions: Best Practice

OBJECTIVE
Reconciliation or verification of financial transactions is a key element to sound business practices. A verification of all charges against a cost object, accompanied by any necessary corrections, ensures the fundamental transactions, which result in financial reports, are correct.

CONTENT
• Reconciliation Techniques
• Procedures
• Documentation
• Cash Reconciliation
• Bank Reconciliation
• Customers Books
• Accounts Payable
• Inter Branch and Inter-company Reconciliation
• Fraudulent Activities in Reconciliation Process
• Reconciliation Software
• Financial Transactions such as Purchasing Orders, Payroll Charges, Journal Vouchers and Vendor Invoices etc
• Emerging trends and future challenges

FOR WHOM:
Accountants, Auditors, Treasurers, Reconciliation Officers and others who perform related functions in public and private sectors.

Methodology
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.
DATE:
1ST BATCH: 18th – 21st Mar, 2025
2ND BATCH: 23rd – 26th Sept, 2025