Bank Reconciliation Essentials (CPE Course)
Related Courses
CPE Credit: 1 hour
Course Type: Downloaded PDF materials with online test
Price (with PDF Textbook): $15
Course Description
An essential part of the monthly closing process is to create a bank reconciliation for all cash accounts. In the Bank Reconciliation Essentials course, we cover the structure of this document, its components, the problems likely to be uncovered by it, and why you should consider conducting the reconciliation on a more frequent basis. We also describe the proof of cash, which can be used to find cash-related discrepancies that might not be apparent on a bank reconciliation.
Author: Steven Bragg
Course Number: AC1156
Learning Objectives
Identify the reasons why you should complete a bank reconciliation.
Specify the contents of a bank statement.
Recall the types of bank charges that can appear on a bank statement.
Specify the nature of the reconciling items that can appear on a bank reconciliation.
Recall the structure and uses of a proof of cash.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Accounting
Prerequisites: None
Advance Preparation: None
Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.
AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
The NASBA sponsor identification number for Accountingtools, Inc. is 115881.
AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.