Accounting Operations Training Course

Participants can process supplier liabilities using controlled invoice-to-pay procedures.

• Invoice-to-pay process map from requisition through settlement and archive
• Three-way matching between purchase order, goods receipt and supplier invoice
• Supplier-master controls for bank details, duplicate vendors and tax data
• Invoice coding against cost centres, projects, tax codes and accounts
• Exception queues for price variances, missing receipts and blocked invoices
• Payment-run controls: approval matrices, segregation, sanctions screening and positive pay
• AP ageing analysis distinguishing disputed, overdue, due and early-payment balances

Participants can manage billing, cash application, receivables ageing and collection controls.

• Order-to-cash process from customer onboarding through collections and cash application
• Customer-credit assessment using limits, payment terms, ageing and risk indicators
• Invoice accuracy controls for pricing, tax, delivery evidence and billing dates
• Cash-application methods for remittances, unapplied cash, deductions and short payments
• Receivables ageing schedules, collection prioritisation and allowance-for-expected-credit-losses calculations
• IFRS 15 revenue recognition: performance obligations, timing and contract modifications

Participants can organise a controlled general-ledger workflow and timely month-end close.

• General-ledger close calendar with dependencies, owners, cut-offs and review points
• Standard journal workflow from preparation and evidence through posting approval
• Recurring, reversing and allocation journals controlled through documented calculation bases
• Intercompany accounting: confirmations, eliminations, transfer pricing and settlement differences
• Suspense-account governance, ageing thresholds, ownership and timely clearance procedures
• Month-end close checklist sequencing subledgers, reconciliations, adjustments and management review

Participants can prepare, review and resolve bank and balance-sheet reconciliations.

• Bank reconciliations identifying timing differences, bank charges, errors and fraud indicators
• Balance-sheet reconciliation template linking ledger balance, evidence, reconciling items and sign-off
• Subledger-to-general-ledger reconciliations for payables, receivables, inventory and fixed assets
• Investigate variances using drill-down, reason codes, materiality and root-cause analysis
• Reconciliation ageing and escalation rules for unresolved reconciling items
• Certification packs documenting preparer, reviewer, evidence, conclusions and corrective actions

Participants can account for fixed assets and inventory using documented valuation and control procedures.

• Capitalisation criteria distinguishing property, plant, equipment, repairs and operating expenditure
• IAS 16 depreciation methods, useful lives, residual values and impairment triggers
• Fixed-asset register controls: tagging, transfers, disposals, verification and custody
• Inventory costing under IAS 2: FIFO, weighted average and write-downs
• Stock-count reconciliation between physical quantities, perpetual records and adjustment approvals
• Asset-disposal accounting for proceeds, accumulated depreciation and gain-or-loss calculation

Participants can reconcile payroll and indirect tax postings while maintaining filing evidence.

• VAT or GST control account reconciliations using tax codes and return data
• Payroll journal entries separating gross pay, deductions, employer costs and accruals
• Withholding-tax documentation, supplier declarations, payment certificates and statutory deadlines
• Tax-sensitive invoice checks for registration numbers, rates, place-of-supply and evidence
• Payroll-to-ledger reconciliation identifying interface failures, duplicate postings and timing differences
• Statutory filing calendar assigning preparers, reviewers, deadlines and proof-of-submission

Participants can identify accounting risks and design controls that generate reliable evidence.

• COSO internal-control components applied to transaction processing and financial close
• Segregation-of-duties matrix covering initiation, approval, custody, posting and reconciliation
• Preventive, detective and corrective controls matched to operational accounting risks
• Control narratives and flowcharts documenting systems, handoffs, evidence and exceptions
• Fraud red flags in vendors, payroll, expenses, journals and bank changes
• Exception reporting, control testing and remediation tracking for recurring failures

Participants can explain operational accounting results through meaningful reports and variance analysis.

• Income-statement and balance-sheet movements explained through operational accounting drivers
• Cash-flow classification under IAS 7 for operating, investing and financing movements
• Management-reporting pack combining KPI definitions, variance commentary and action owners
• Budget-versus-actual analysis separating volume, price, timing and classification variances
• Working-capital metrics: DSO, DPO, inventory days and cash conversion cycle
• Materiality thresholds and escalation criteria for management-reporting exceptions

Participants can define operating ownership, performance measures and priorities for accounting process improvement.

• ERP master-data governance for accounts, suppliers, customers, tax and approval workflows
• RACI matrix assigning ownership across shared services, finance and operational teams
• Service-level metrics for invoice processing, collections, close and reconciliation quality
• Process-mining questions using timestamps, rework patterns, queues and exception volumes
• Standard-operating-procedure format covering purpose, triggers, controls, steps and records
• 90-day accounting-operations improvement plan with priorities, owners, milestones and measures