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This plan includes
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HD Video Recorded Lectures- Learn on Mobile/PC/Tablet
- Quizzes and Real Projects
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What you'll learn?
- Understand the importance of bank reconciliation and its role in financial management, Learn the key terms and concepts associaGain proficiency in reconciling bank statements using both manualted with bank reconciliation,
Course Overview
This Course takes a learner through the process of a bank reconciliation. Mostly it is about performing a bank reconciliation in excel (manual), but the concepts and skills can also be used in performing the same using automated accounting systems. This course serves as a comprehensive framework for bank reconciliation to both existing and upcoming bookkeepers and accountants, entrepreneurs, and lay individuals without any background in accounting and bookkeeping.
I have been working as an Accountant with both local and international NGOs for over 10 years and this course draws inspiration from my 10 year track record.
I will take you through the course step by step explaining each term and concept like explaining to a seven year old. In each module there are downloadable materials mostly in power point. As time goes by, i will be updating this course with new relevant materials especially on automated bank reconciliations.
By the end of the course, participants will have a solid understanding of bank reconciliation best practices, the ability to identify and address reconciling items, and a toolkit of fraud prevention and detection strategies. They will be equipped to implement robust internal controls, mitigate fraud risks, and safeguard their organization's financial resources.
Pre-requisites
- No requirements needed
Target Audience
- Enterprenuers, Accounting & Bookkeeping Students, Accountants & Bookkeepers, Non-Finance Managers
Curriculum 16 Lectures 04:57:10
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Section 1 : MODULE 1
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Section 2 : MODULE 2
- Lecture 1 :
- Key Terms & Concepts
- Lecture 2 :
- Understanding Bank Statements & Codes
- Lecture 3 :
- Reconciling Receipts & Disbursements
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Section 3 : MODULE 3
- Lecture 1 :
- Step-by-step Guide To Manual Bank Reconciliation
- Lecture 2 :
- Documenting Adjustments and Updating the GL
- Lecture 3 :
- Example 1
- Lecture 4 :
- Example 1b
- Lecture 5 :
- Example 2
- Lecture 6 :
- Example 3a
- Lecture 7 :
- Example 3b
-
Section 4 : MODULE 4
- Lecture 1 :
- Handling Outstanding Checks & Deposits in Transit
- Lecture 2 :
- Resolving Bank Errors & Discrepancies
- Lecture 3 :
- Identifying & Addressing Fraudulent Activities
- Lecture 4 :
- Structure & Components of a Bank Reconciliation Statement
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Section 5 : MODULE 5
- Lecture 1 :
- OVERVIEW
Our learners work at
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