About This Course

In this course, we will discuss internal controls including what they are, why they are useful, and the objectives of internal controls. We will then move to internal controls specific to cash including bank reconciliations. 

Bank reconciliations are important controls for both large and small companies. After the double entry accounting system itself, the bank reconciliation is one of the most important internal controls. The bank reconciliation will compare the bank statement to the cash book balance as of a point in time and reconcile the difference between the two. The bank reconciliation process will provide more assurance of the cash account and will provide more assurance over many other accounting processes because most accounting processes include cash. For example, reconciling the bank account provides more assurance over the revenue cycle, purchases cycle, and payroll cycle. 

We will also discuss the setting up and recording of a petty cash account, a process that can be more complex than if first seems. 

Who this course is for:

  • Accounting students
  • Business owner
  • Anyone who wants to learn accounting

Our Promise to You

By the end of this course, you will have learned cash control and bank reconciliation.

30 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about internal controls and bank reconciliation.

Course Curriculum

Section 1 - Introduction
Bank Reconciliations And Cash Internal Controls Overview 00:00:00
Section 2 - Internal Controls Overview And Cash Internal Controls Introduction
Internal Controls Overview And Cash Internal Controls Introduction Overview 00:00:00
Internal Controls Overview 00:00:00
Cash Internal Controls Overview 00:00:00
Multiple Choice Questions One – Cash And Internal Controls 00:00:00
Section 3 - Cash Receipts Internal Controls
Cash Receipts Internal Controls Overview 00:00:00
Cash Receipts Internal Controls 00:00:00
Multiple Choice Questions Two – Cash And Internal Controls 00:00:00
Section 4 - Cash Disbursements Internal Controls
Cash Disbursements Internal Controls Overview 00:00:00
Cash Disbursements Internal Controls 00:00:00
Multiple Choice Questions Three – Cash And Internal Controls 00:00:00
Section 5 - Bank Reconciliations
Bank Reconciliations Overview 00:00:00
Bank Reconciliations 00:00:00
Bank Reconciliation January 00:00:00
Bank Reconciliation Adjusting Entries January 00:00:00
Bank Reconciliation February 00:00:00
Bank Reconciliation February Adjusting Entries 00:00:00
Multiple Choice Questions Four – Cash And Internal Controls 00:00:00
Section 6 - Petty Cash
Petty Cash Overview 00:00:00
Petty Cash 00:00:00
Petty Cash Journal Entries – Part One 00:00:00
Petty Cash Journal Entries – Part Two 00:00:00
Multiple Choice Questions Five – Cash And Internal Controls 00:00:00
Multiple Choice Questions Six – Cash And Internal Controls 00:00:00
CPA Test Preparation – Part One 00:00:00
Section 7 - Comprehensive Problem
Comprehensive Problem Overview 00:00:00
Comprehensive Problem – Part One 00:00:00
Comprehensive Problem – Part Two 00:00:00
Comprehensive Problem – Part Three 00:00:00
Comprehensive Problem – Part Four 00:00:00
Comprehensive Problem – Adjusting Entries – Part One 00:00:00
Comprehensive Problem – Adjusting Entries – Part Two 00:00:00
Comprehensive Problem – Financial Statements – Part One 00:00:00
Comprehensive Problem – Financial Statements – Part Two 00:00:00
Comprehensive Problem – Closing Process – Part One 00:00:00
Comprehensive Problem – Closing Process – Part Two 00:00:00
Multiple Choice Questions Seven – Cash And Internal Controls 00:00:00
CPA Test Preparation – Part Two 00:00:00
Section 8 - Definitions And Key Terms
Deposits In Transit 00:00:00
Gross Method 00:00:00
Invoice 00:00:00
Liquid Assets 00:00:00
Liquidity 00:00:00
Outstanding Check 00:00:00
Petty Cash 00:00:00
Purchase Order 00:00:00
Purchase Requisition 00:00:00
Vendee 00:00:00
Vendor 00:00:00
Bank Reconciliation 00:00:00
Bank Statement 00:00:00
Canceled Checks 00:00:00
Cash 00:00:00
Cash Equivalents 00:00:00
Cash Over And Short 00:00:00
Check 00:00:00
Check Register 00:00:00
Section 9 - Discussion Questions And Downloadable Materials
Discussion Question One – Principles Of Internal Control 00:00:00
Discussion Question Two – Voucher System 00:00:00
Discussion Question Three – Outstanding Items In Bank Reconciliation 00:00:00
Discussion Question Four – Petty Cash 00:00:00
Discussion Question Five – Bank Reconciliation 00:00:00
Discussion Question Six – Adjustments During Bank Reconciliation 00:00:00
Discussion Question Seven – Internal Control And Purpose 00:00:00
Discussion Question Eight – Cash Controls 00:00:00
Downloadable Materials 00:00:00
Template Design © VibeThemes. All rights reserved.

Setup Menus in Admin Panel