The company’s general ledger account for cheque transaction may different from the bank record. The bank statement lists the activity in the bank account during the month as well as the balance in the bank account with the client. Most companies write hundreds of cheques each month and make deposits, reconciling the amounts on the company’s bank account with the amount on the bank statement can be time consuming.
By attending this course, you will be able to identify and resolve the confusing entries and discrepancies in your company bank account in the general ledger and bank statement. After the end of this practical course, you will learn the most useful techniques to adjust your company cash balance with the bank balance differences to produce correct bank reconciliation statement.
This training program also deal with Petty cash book, which many business use to record small amount paid in cash. The participants will learn of the type of transactions that are recorded in petty cash book, and how to make entries to it and transfer the financial data from the petty cash boo into the general ledger.
Finance Executives, Account supervisor, Cashier, Administrator, Officer who monitor the general ledger, Account Receivable And Payable Executives, Office Managers, Account clerk who involve the posting of account, New accounting staffs who just joined the organization , Junior Accounting& Finance Executives ,Executives & Offices who do not have formal education in Accounting but require to learn it to perform the job.
Lectures, discussion, exercises facilitated by the trainer.
7 Hours, 1 Day.
Mr. Kenneth Tam is a trainer cum consultant. He has over 30 years of corporate experience in the field of financial management, financial accounting , tax , business planning and budgeting .He had wide , extensive and hand-on experience in various industries which include oil and gas( upstream and downstream) , manufacturing, trading ,project management and education. From 1980 to 2008 he held various managerial positions in a Global oil and gas group of companies, one of the Fortune 500 companies.
Kenneth Tam is a Fellow member of the Association of Certified Chartered Accountants UK (FCCA), Associate member of the Chartered Institute of Management Accountants UK (ACMA), member of the Charted Global Management Accountant (CGMA), a member of the Malaysian Institute of Accountants (MIA). He also obtained a certificate IV in assessment and workplace training from Australia and approved certified trainer from PSMB.