Accounts Reconciliation Strategies and Management of Suspense Accounts Course

OBJECTIVE:
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.

CONTENT:
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.

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: 3rd – 6th June,2025
2ND BATCH: 16th – 19th Dec,2025