Elixir Audits, Chartered Accountants

Most reporting problems are people problems. The same adjustments appear at every year end, the same disclosures are missed, the same tax positions are taken without anyone checking the law has changed. Training fixes that at source, and it costs less than correcting the same errors every year.

Training for finance teams

We start with your own reporting: the management accounts, the group pack, the audit adjustments from the last two years, and the returns filed with the Ghana Revenue Authority. The session is then built around what actually goes wrong, using your chart of accounts and your transactions rather than textbook examples. People learn the treatment they will apply on Monday morning.

Executive sessions

Directors, audit committee members and senior managers sign financial statements, approve budgets and answer to lenders and investors. A short session on reading a set of accounts, on what an audit does and does not give you, or on the tax exposures a board should ask about, changes the quality of the questions asked in the room.

When training is not the answer

If the errors come from a system that cannot produce the right numbers, or from a team that is too small for the volume, training will not fix them. We will say so, and point you to the outsourced finance function or a systems review instead.

Your numbers

Sessions built from your own reporting and prior audit adjustments

Partner-led

Delivered by the people who prepare, audit and defend these figures

In writing

Every session leaves a reference pack the team can go back to

Scope

What we train on

Each of these is scoped to the level of the people in the room, from a graduate finance team to a board.

01

IFRS, applied to your accounts

Revenue, leases, financial instruments, impairment and the disclosures a reviewer looks for first. Taught against your own trial balance and the adjustments raised at your last audit.

02

Ghanaian tax for finance teams

Corporate income tax, withholding, VAT and the levies under Act 1151, PAYE and SSNIT, and what changed in the last Budget. The filing calendar, and where penalties actually come from.

03

Month-end close and management reporting

Reconciliations that hold, accruals that are complete, and a management pack a board can read. The order to close in, and the controls that stop the same errors recurring.

04

Group reporting for subsidiaries

Preparing a reporting pack a foreign parent can consolidate without a reconciliation exercise: intercompany, currency, deadlines and the questions head office will ask.

05

Board and audit committee sessions

How to read a set of financial statements, what an audit opinion does and does not tell you, going concern, and the questions to put to management and to the auditor.

06

Internal controls and fraud awareness

Where money leaves a business without anyone noticing, the controls that catch it, and how to respond when something is found. For finance teams and for the managers who approve payments.

Process

How a programme is built

A diagnosis first, so the session covers what your team gets wrong rather than everything the topic contains.

Your material, not oursWherever confidentiality allows, the examples are your own transactions and your own reporting. That is what makes the training stick.

Diagnosis

We review your recent reporting, audit adjustments and filed returns, and talk to the people who prepare them.

Week 1

Design

A programme scoped to the gaps found, with the level, format and timing agreed in writing.

Week 2

Delivery

Sessions run at your offices, ours, or online, with exercises drawn from your own numbers.

As scheduled

Reference pack

Every session leaves a written pack the team can return to, with the treatments and the sources.

On completion

Follow-up

A check at the next close or year end on whether the errors have stopped, and a short session if they have not.

Next reporting cycle

Engagement

Fees, timing and who does the work

Fee basis

Fixed fee per sessionQuoted for the programme as a whole, including the diagnosis and the reference pack.

Who does the work

A partner or senior managerWith a tax or IFRS specialist for the technical sessions.

Timing

Around your calendarScheduled away from your close and your filing dates, so the team can attend.

Format

In person or onlineHalf-day to two-day sessions, in groups small enough to work through examples.

Indicative only. Every fee is quoted in the proposal, before any work starts, and held unless the scope changes.

Questions

Questions before you commission training

Can our auditor train our finance team?
If we are your statutory auditor, we can train your team on technical matters such as IFRS and tax, but we cannot design your controls or prepare your accounts and then audit them. We assess independence before accepting any training engagement and will tell you where a line falls.
How many people should attend?
Technical sessions work best with up to twelve people, so everyone works through the examples. Executive sessions are usually a board or a management team, and are shaped as a discussion rather than a lecture.
Is the training accredited?
Sessions are delivered by chartered accountants and can be evidenced for continuing professional development where a professional body accepts employer-provided training. We will provide attendance records and the programme content for that purpose.
Can you train a team in another region of Ghana?
Yes. Sessions can be run at your premises anywhere in the country, or online where that suits the team better.
What if the problem turns out not to be training?
We will say so during the diagnosis. If the issue is the system, the volume, or a role that needs filling, we will point you to the right service rather than run a session that will not fix it.

Next step

Tell us what keeps going wrong.

The adjustments that come back every year, the return that is always late, or the board that wants to understand the accounts it signs. That tells us what to build the programme around.

Request a training scope Speak to a partner

Contact

+233 53 362 2433 info@elixiraudits.com

1 Alex Nkrumah Street, Airport West, Accra