Business and technology qualifications, Levels 3-6, in Brussels. Explore qualifications
Portal login
Level 3 Foundation Diploma in Accountancy

Preparing the Bank Reconciliation Statement

AB303 · Maintaining Financial Records — Week 11 of 16

CourseAB303
Week11 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Preparing the Bank Reconciliation Statement

  1. Updating the cash book for unrecorded items
  2. Preparing the reconciliation statement from given data
  3. Dealing with bank errors
  4. Reconciling to the bank statement balance
  5. Supplier statement reconciliation - ACCA Financial Accounting (FA) / FIA FFA

What you will be able to do

  • 4.2 Prepare a bank reconciliation statement from given data.

Activity

Start with this week’s video, then: Seminar, guided reading and a short written task: prepare a bank reconciliation statement from given data.

Study materials

Videos

  • Supplier statement reconciliation - ACCA Financial Accounting (FA) / FIA FFA · YouTube · OpenTuition · 28 min · for registered students
  • Accounting 1: Program #27 - "Bank Reconciliations" · YouTube · JCCCvideo · 47 min · for registered students
  • Accounting 1: Program #28 - "Bank Reconciliations" · YouTube · JCCCvideo · 45 min · for registered students

Further resources

  • Principles of Accounting Vol. 1, ch. 8.6: Bank reconciliation · PDF · OpenStax, textbook chapter; pp. 500–501 · for registered students
  • Introduction to Financial Accounting, Lyryx 2023-A, ch. 7: Cash and Receivables · PDF · Other, textbook chapter; pp. 263–306 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 10Week 12
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: The Accounting Equation
  • Week 2: Fundamental Accounting Concepts
  • Week 3: Double-Entry Bookkeeping Principles
  • Week 4: Processing Double-Entry Transactions
  • Week 5: The Trial Balance
  • Week 6: Trade and Cash Discounts
  • Week 7: The Three-Column Cash Book: Structure and Purpose
  • Midterm: Midterm evaluation
  • Week 9: Preparing and Balancing the Three-Column Cash Book
  • Week 10: Bank Reconciliation Principles
  • Week 11: Preparing the Bank Reconciliation Statement
  • Week 12: Applying Maintaining Financial Records in practice: case st…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
Back to the course
Scroll