Account Reconciliation Best Practices

Overview:

Account reconciliations are an integral part of an accounting team’s responsibilities and a crucial control in the quality control process leading to accurate financial statements. Yet most accounting teams acknowledge that it’s difficult - if not impossible - to complete all necessary account reconciliations in a timely manner with the appropriate level of quality.

In this course, you’ll learn about why account reconciliations are so important, the best practices of quality and efficient account reconciliations, and technology solutions that dramatically improve the account reconciliation process.

Why you should Attend:

Does your accounting team struggle to get through all their account reconciliations in a timely manner? Are they prepared in a way that properly supports the G/L balances? Account recs are one of the most important parts of an accounting team’s responsibilities, and yet they’re often overlooked until it’s too late.

In this course, you’ll learn how to design an account reconciliation process that drives high-quality financial statements, reduces risk, and frees up team members to focus on key initiatives.

Areas Covered in the Session:

• Learn the importance of account reconciliations
• Learn the habits of highly effective account reconciliation processes
• Learn about the different technology types that help

Who Will Benefit:

• Auditors
• Accountants
• Financial Analysts
• Managers
• Directors
• Controllers
• Chief Accounting Officers
• Chief Financial Officers