Balance sheet reconcilation


  • Does making a bank reconciliation statementfeel overwhelming to you?
  • Are you looking for a job in this area or have an interview lined up for this function and are not very confident about it?
  • Do you want to upgrade your knowledge on all accounting activities such as general accounting, bank statement reconciliations, closing and reporting etc?

If you have answered yes to these questions, you have come to the right place.

A bank reconciliation statement helps in comparing the bank account balance with the cash book balance at a given point of time. This statement helps to check the accuracy of the entries recorded in the books of accounts and therefore, ensures the precision of bank balances.

In Other words, this function ensures that all the payments have been processes and the cash is deposited in the bank. It is very critical as any mistake in this area can cause a lot of loss to the organization and mismanagement of this function can also lead to many frauds.

This course on bank statement reconciliationcovers reconciliation of financial data, on-time closure of books of accounts, accuracyand compliance of financial statements. You will learn about the various concepts of accounting that will make your professional life much easier. At over 21 hours long, with 18 modules and practice sessions, this course will not only make sure that you will be able to reconcile differences between the Cash Book & The Pass Book (Bank Statement)but also strengthen other concepts of accounts.


This course Includes

  • Basic Theory and concepts explained
  • Practical Examples
  • Short quizzes build in the learning
  • Interactive
  • Keep repeating and learning till one learns and understands
  • Training ERP – a Live Practice session
  • Question Bank
  • Continuous updating of knowledge base
  • Sharing of Knowledge
  • On Demand Learning – the trainee will be able to match/plan his time according to his other plans.


What will you Gain?

  • Enhanced learning which will help you to get you through the job interviews. Your chances of getting a job increases.
  • Your performance in the interviews will be better and this can get you a better salary as compared to others.
  • Your knowledge will lead to better performance in the job leading to a faster growth.
  • You will face less anxiety in the job as post training you understand the job Expectation
  • Due to better training and practice you will be able to settle in your job faster
  • Less on the job training time required by you
  • Higher Productivity when the you join the organization


Who is this course for?

  • Freshers and up to 5 years of Experience or anyone who wants to make a career in Finance and Accounts Outsourcing/Offshoring Operations.

The requirements of this course are

  • Word processor/MS Office
  • No prior experience required
  • Enthusiasm and determination to make a difference!

Bank Statement Reconciliation

  • Module 1 - Introduction to the Subject – Covering Definition, Functions, Objectives, Limitations of accounting, Users of Accounting information, Why Accounting is a business language, Accounting Cycle, Double Entry System explanation.
  • Module 2 - Meaning of basic accounting terms we use
  • Module 3 - The Nut and bolts - 9 accounting concepts and 4 accounting conventions explained
  • Module 4 - Concept of Cash Basis and Accrual Basis of Accounting
  • Module 5 - Golden Rules of Accounting (Traditional & Modern Approach with examples and significance)
  • Module 6 - Accounting Equation – (logic, application, examples)
  • Module 7 - Journal and application in Accounting Equation (This will include lots of example journal entries as activity. Accounting Equation is separately included in this module)
  • Module 8 - Ledger Posting (How to post entries, balance accounts and understand the logic)
  • Module 9 - Concept of Balance Sheet Accounts reconciliation (8 steps of BSR, subsidiary ledger, important terms, responsibility matrix, tips for BSR)
  • Module 10 - Bank Reconciliation Statement - base building (Introduction to BRS, ground rules of cash book and pass book, sample problems)
  • Module 11 - Trial Balance and Adjustments/Rectification entries concept (Trial balance Format, types of errors, suspense account, Trial balance sample entries activity)
  • Module 12 - Reserves and Provisions - meaning and difference (Capital and revenue reserve, difference between reserve and provision, self-evaluation questions)
  • Module 13 - Closing Entries/meaning of month-end closing of Books of Accounts
  • Module 14 - A glimpse of Finalization of accounts with adjustments (Trading account, profit and loss account, balance sheet, adjustments, different between fixed and current assets, liabilities)
  • Module 15 - Concept of Capital and Revenue Expenditure/Income (Difference between capital and revenue expenditure, deferred revenue expenditure, capital and revenue receipt, capital and revenue profit/loss)
  • Module 16–Depreciation Accounting (Causes and Methods of depreciation, Amortisation, depletion, practice problems)
  • Module 17 - Other Day Books/Subsidiary Books (Such as purchase book, sales book, cash book)
  • Module 18 - A brief overview of Inventory accounting and Cost of Goods Sold concept

Practice Session – Journal and application in Accounting Equation - We have created a Training ERP system on which the trainees will practice the concepts which they have learned. They are given 100 Journals with Accounting Equation impacts. They have to complete the postings correctly. This is based on real life scenario.

Add to cart