Welcome to Accounting Bank Reconciliation Statement Course. Business entities will be having large number of Bank transactions and these transactions will be recorded by them in their Cash Book (Bank Column). The bank balance as per Cash Book should be balanced with Bank Balance as per pass book. However, there will be certain differences due to timing difference between recording the transactions by the parties, namely the business entity and the Banker. This difference have to be identified and sorted at the earliest to avoid fraud and error. This difference can be identified by preparing a Statement known as Bank Reconciliation Statement and this course will teach you a) What is Bank Reconciliation Statement. b) What is Cash Book and Pass Book. c) Difference between Cash Book and Pass Book d) Causes for disagreement between the balance shown by Cash Book and Pass Book e) Procedure for preparing BRS f) Preparing BRS when bank balance is favourable / unfavourable. This course is structured in self paced learning style. Video lectures / screen cast are used for presenting the course content. Take this course to understand practical aspects of BRS.
I am a Chartered Accountant with tonnes of passion for teaching.
I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.
I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.
I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.
I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.