Effective Management of Bank Account Reconciliation and Account Receivable and Payable Course

Course Details

Reconciliation in corporate organizations is very critical to manage cash management. The reconciliation is the process of matching two sets of corresponding transaction data which finally need to agree upon. Corporations normally have pain in account reconciliation or invoice reconciliation.

Learning Outcomes

• Managing increasing trade volumes
• Reducing manual reconciliation errors
• Achieving data consistency
• Diversified environment

Course Outline

• Unlock tied-up cash potential
• Optimize cash management
• Invoice reconciliation
• Bank account reconciliation
• Improved customer service
• Alignment with Shared Services

• Enhanced Fraud Detection

Who Should Attend

Financial accountants and management accountants in the financial services sector seek in-depth knowledge of all accounting standards and interpretations most relevant to the industry.

Methodology

• PowerPoint presentations, supplemented with examples, calculations, and interactive discussions
• Short exercises or cases for each significant standard to provide hands-on application practice
• All participants receive a comprehensive soft copy of the presentation slides, handouts and other course materials