THE INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA
THE LAGOS MAINLAND DISTRICT SOCIETY
DATE: December 2nd – 4th , 2013
EFFECTIVE ACCOUNTS AND BANK RECONCILIATIONS:
Best Practices and Guidelines
Venue: SIGNALHOUSE Learning Center – 61 Kudirat Abiola Way Oregun, Ikeja Lagos. Near IRORUN Plaza.
Objectives
At the end of this workshop, Participants should be able to
■ Manage common account reconciliation problems
■ Establish risk based criteria to guide the timing of accounts reconciliations
■ Facilitate faster identification of errors through timely reconciliations
■ Improve account reconciliation process to enhance effective financial reporting
Course Content
■ Overview of accounting concepts and principles
■ Accounting errors and reconciliation
■ Reconciliation as a key control process
■ Meaning and nature of account and bank reconciliation
■ Risk-based criteria for timing of accounts reconciliations
■ Components of the reconciliation process
■ General ledger of reconciliation
■ Intra-company items: Reconciling charges to Departmental Accounts
■ Separation of duties in the reconciliation process
■ Revenue and Expenses reconciliation
■ Questions on Budgets and Progress reports
■ Expenditure transfer forms
■ Bank reconciliation process and standard templates
■ Documentations for the activities
■ Accounting Listserv
■ Reconciliation Reports : Structure and Framework
Audience
This course is designed for Accountants, Controllers, Accounts Managers and other Executives with supervisory responsibilities in preparing or overseeing accounts and bank reconciliation processes.
Registration/ Fees
The workshop fee is N60,000 per participant. This fee covers tuition, materials, tea/coffee/snacks, and lunch only. Please make all nominations in favour of ICAN Lagos Mainland District Society and send to any of the addresses indicated below. Intending participants may also register and pay at the venue.
All enquiries should be directed to the:
Course Director / Liaison Officer: ICAN, Lagos Mainland District Society, 259, Borno Way Yaba. Tel:0803-300-8104, 070-8829-4312, 01-850-9123
Workshop Facilitators
Your course leaders comprised of experience Chartered Accountants and consultants. They include: Greg U. Ezeilo, FCA, CISA; Babtunde Pearce, FCA; Donatus Ogbonnaya, MBA, ACA