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Workshop on Accounts Reconciliation Strategies and Management of Suspense Accounts

By: Francis Consulting

Abuja FCT, Nigeria

04 - 07 Aug, 2025  4 days

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NGN 425,000

Venue: LAP NEW WORLD HOTEL JABI ABUJA

Other Dates

Venue Date Fee  
LAP NEW WORLD HOTEL JABI ABUJA, State, Nigeria 09 - 12 Sep, 2025 NGN425000
LAP NEW WORLD HOTEL JABI ABUJA, State, Nigeria 07 - 10 Oct, 2025 NGN425000
LAP NEW WORLD HOTEL JABI ABUJA, State, Nigeria 11 - 14 Nov, 2025 NGN425000

Unreconciled items and suspense accounts have inevitably become rampant in the accounting systems of most Corporate Organisations. 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 this and other factors.

Unreconciled items affect the corporate financials adversely and in much case result in statutory provisions that erode the profit/surplus of the Corporate Organisation in the public and private sectors.Needless to emphasis that unreconciled items and suspense accounts should be avoided as much as possible and professionally handled where they inevitably exist, to avoid abuse by unscrupulous members of staff.

Content:

  • Basic accounting techniques
  • Basic reconciliation techniques
  • Computer based structure and administration
  • Hierarchy and structure of accounts reconciliation units.
  • Accounts codes
  • Sorting and matching unrecognized transactions.
  • Skill in tracking unrecognized differences.
  • Fraudulent activities in Accounts reconciliation and management of suspense accounts
  • Specific techniques in reconciling Banking transactions, Stock, Debtors, Creditors, Cash etc.
  • Inter branch and Inter-company reconciliations.
  • Transfer pricing and reconciliation.
  • Prudential guidelines including provisions in the accounts based on unrecognized items.
  • Application of information technology in reconciling outstanding suspense items.
  • Various available inter- branch and inter-company reconciliation computer packages.
  • Experience sharing session.
  • Emerging trends and future challenges.

Facilitators:

A distinguished team of Facilitators who are eminently qualified Professionals gas been assembled to lead discussions in curse of the workshop.

For Whom:

Accountants, Auditors, Stores Managers, Cash Officers, Credit Managers, and others that perform related functions in both the public and private sectors including Banks Oil Companies, Insurance Companies, Manufacturing Companies, Service Companies, Trading Organisations, Government Ministries, Parastatals, Agencies, Commissions etc.

Methodology:

Formal lectures, Group discussions and Case studies.

Course Booking:

Please use the “book now” or “inquire” buttons on this page to either book your space or make further enquiries.

LAP NEW WORLD HOTEL JABI ABUJA Aug 04 - 07 Aug, 2025
LAP NEW WORLD HOTEL JABI ABUJA, State, Nigeria 09 - 12 Sep, 2025
LAP NEW WORLD HOTEL JABI ABUJA, State, Nigeria 07 - 10 Oct, 2025
LAP NEW WORLD HOTEL JABI ABUJA, State, Nigeria 11 - 14 Nov, 2025
NGN 425,000.00
(Convert Currency)

Dr. Francis Okereke +2348035062583

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