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Accounting Bank Reconciliations, Cash, and Internal Controls

This course discusses the basic concepts of internal controls, including the main objectives of controls.
Instructor:
Illumeo Learning
7 students enrolled
English [Auto-generated]
Discover Internal Controls and their objectives.
Recognize how to prepare a bank reconciliation.
Prepare adjusting entries from a bank reconciliation.

In this course, the basic concepts of internal controls are discussed, including the main objectives of controls.  Also, essentials for understanding bank reconciliations are presented along with examples of typical reconciling items and required adjusting journal entries.

Learning Objectives 

  • Discover Internal Controls and their objectives

  • Recognize how to prepare a bank reconciliation

  • Prepare adjusting entries from a bank reconciliation

Introduction

1
Introduction to Internal Controls
2
Bank Reconciliation
3
Comparing Unadjusted Balances
4
Example: Internal Controls

Supporting Materials

1
Notes Template: Cash and Internal Controls
2
Workbook: Cash and Internal Controls

Review and Test

1
Review Questions
2
FINAL EXAM
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Includes

0 hours on-demand video
2 articles
Full lifetime access
Access on mobile and TV
Certificate of Completion