Certificate in Accounting Controls and Reconciliation (CACR)-Self Paced

The Certificate in Accounting Controls and Reconciliation is a practical course for finance professionals involved in audit support, internal controls, and financial record accuracy. Ideal for finance team members, reconciliation officers, and internal audit staff.

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The Certificate in Accounting Controls and Reconciliation is designed for finance professionals who support audit preparation, manage internal controls, and ensure the accuracy of financial records. This course focuses on essential areas such as ledger management, error detection, bad and doubtful debt handling, depreciation recording, and bank reconciliation procedures. Participants will gain the practical skills needed to maintain control over financial systems, detect anomalies, and ensure that books align with bank statements and organizational policies. It is ideal for finance team members, reconciliation officers, and internal audit support staff.

To strengthen understanding of ledger management and the preparation of accurate trial balances.
To develop the ability to identify and account for bad and doubtful debts in compliance with prudent financial reporting.
To explain the importance of depreciation and ensure correct allocation of asset costs over useful life.
To train learners in performing accurate bank reconciliations and resolving discrepancies efficiently.
To reinforce the importance of internal controls and audit readiness in the reconciliation process.
To improve error detection and correction processes that impact final account accuracy and audit reliability.

M-1: Ledgers and Trial Balance

M-2: Bad and Doubtful Debts

M-3: Depreciation

M-4: Bank Reconciliations

M-1: Ledgers and Trial Balance

M-2: Bad and Doubtful Debts

M-3: Depreciation

M-4: Bank Reconciliations

Upon successful completion of this course, learners will be able to:

Prepare and review ledgers and trial balances with confidence and accuracy.
Identify, classify, and process bad and doubtful debts using appropriate accounting entries and estimations.
Calculate and record depreciation using accepted methods such as straight-line and reducing balance.
Perform and document comprehensive bank reconciliations, resolving differences between book and bank balances.
Apply internal control procedures to reduce fraud risk, improve financial accuracy, and support audit readiness.
Detect and correct accounting errors that impact the reliability of financial statements.

This program is endorsed by International Professional Accreditation Council – Singapore [www.ipacglobal.org]

Features:
Duration: The Program offers self-paced completion with no set deadlines.
Short Video Materials: Yes
Mode of Learning: Self-Paced

Exam Method:

Number of Exams: 01
Number of Questions: 20 MCQ Questions
Duration: 30 Minutes
Total Marks: 100
Pass Mark: 50%

Assignment:

Total Assignments: 01
01 Capstone Projects
- Total Marks: 300
- Pass Mark: 50%

04 Practical Focus Module
Post Completion:
- Electronic Certificate

Ledger & Trial Balance Accuracy
- Skill in balancing and reviewing ledgers for error-free financial records.
Receivables Risk Management
- Competence in identifying bad debts, creating provisions, and ensuring fair receivables valuation.
Asset Depreciation Recording
- Ability to manage and record depreciation in line with accounting standards.
Bank Reconciliation Expertise
- Proficiency in comparing and reconciling cash book and bank statement balances.
Error Detection & Correction
- Ability to identify discrepancies and apply appropriate corrective entries.
Internal Control Compliance
- Capability to support internal control mechanisms and prepare for audits with well-documented reconciliations.