Uthena

Course description

We will discuss internal controls including what they are, why they are useful, and the objectives of internal controls. We will then move to internal controls specific to cash including bank reconciliations. 

Bank reconciliations are important controls for both large and small companies. After the double entry accounting system itself, the bank reconciliation is one of the most important internal controls. The bank reconciliation will compare the bank statement to the cash book balance as of a point in time and reconcile the difference between the two. The bank reconciliation process will provide more assurance of the cash account and will provide more assurance over many other accounting processes because most accounting processes include cash. For example, reconciling the bank account provides more assurance over the revenue cycle, purchases cycle, and payroll cycle. 

We will also discuss the setting up and recording of a petting cash account, a process that can be more complex then if first seems. 

In addition to instructional video, this course will include downloadable

  • Downloadable PDF Files
  • Excel Practice Files
  • Multiple Choice Practice Questions
  • Short Calculation Practice Questions
  • Discussion Questions


The PDF files allow us to download reference information we can use offline and as a guide to help us work through the material.

Excel practice files will be preformatted so that we can focus on the adjusting process and learning some of the basics of Excel, like addition, subtraction, and cell relationships.

Multiple choice example question helps us improve our test-taking skills by reducing the information into the size and format of multiple choice questions and discussing how to approach these questions.

Short calculation questions help us reduce problems that have some calculation down to a short format that could be used in multiple choice questions.

Discussion Question will provide an opportunity to discuss these topics with the instructor and other students, a process many students find very helpful because it allows us to see the topic from different viewpoints.

Who will we be learning from?

You will be learning from somebody who has technical experience in accounting concepts and in accounting software like QuickBooks, as well as experience teaching and putting together curriculum.

You will be learning from somebody who is a:

  • CPA – Certified Public Accountant
  • CGMA – Chartered Global Management Accountant
  • Master of Science in Taxation
  • CPS – Certifies Post-Secondary Instructor
  • Curriculum Development Export


As a practicing CPA the instructor has worked with many technical accounting issues and helped work through them and discuss them with clients of all levels.

As a CPS and professor, the instructor has taught many accounting classes and worked with many students in the fields of accounting, business, and business applications.

The instructor also has a lot of experience designing courses and learning how students learn best and how to help students achieve their objectives. Experience designing technical courses has also benefit in being able to design a course in a logical fashion and deal with problems related to technical topics and the use of software like QuickBooks Pro.

Content Includes: 

  • Internal controls
  • Cash receipts internal controls
  • Cash disbursements internal controls
  • Bank reconciliations
  • Petty cash
  • Accounting cycle
  • Definitions and key terms

Who this course is for:
  • Accounting students
  • Business owner
  • Anyone who whats to learn accounting

Course curriculum

  • 3

    Cash Receipts Internal Controls

    • 3 Cash Receipts Internal Controls

    • PDF - 30 Cash Receipts Internal Controls

    • 30 Cash Receipts Internal Controls

    • Multiple Choice Questions 3 - Cash and Internal Controls

    • Discussion Question

    • Accounting Comic Break

  • 4

    Cash Disbursements Internal Controls

    • 4 Cash Disbursements Internal Controls

    • PDF - 40 Cash Disbursement Internal Controls

    • 40 Cash Disbursements Internal Controls

    • Multiple Choice Questions 4 - Cash and Internal Controls

    • Discussion Question

    • Accounting Comic Break

  • 5

    Bank Reconciliations

    • 5 Bank Reconciliations

    • PDF - 50 Bank Reconciliation D & D

    • 50 Bank Reconciliation-Accounting%2C Financial

    • Excel Downloand

    • 9.10 Bank Reconciliation January

    • Excel Download

    • 9.12 Bank Reconciliation Adjusting Entries January

    • Excel Download

    • 9.15 Bank Reconciliation February

    • Excel Download

    • 9.20 Bank Reconciliation Feb. Adjusting Entries

    • Multiple Choice Questions 5 - Cash and Internal Controls

    • Discussion Question

    • Accounting Comic Break

  • 6

    Petty Cash

    • 6 Petty Cash

    • PDF - 60 Petty Cash

    • 60 Petty Cash

    • Excel Download

    • 800.10 Petty Cash Journal Entries Part 1-Accounting%2C Financial

    • 800.20 Petty Cash Journal Entries Part 2-Accounting%2C Financial

    • Multiple Choice Questions 6 - Cash and Internal Controls

    • Multiple Choice Questions 2 - Cash and Internal Controls

    • 800 CPA Exam Part 2 Bank Reconciliations and Cash - CPA exam %26 other accounting test prep

    • Discussion Question

    • Accounting Comic Break

  • 7

    Comprehensive Problem

    • 7 Comprehensive Problem

    • Excel Download

    • 1 Accounting%2C Financial - Comp Prob Service Co 1 Part 1

    • 2 Accounting%2C Financial - Comp Prob Service Co 1 Part 2

    • 3 Accounting%2C Financial - Comp Prob Service Co 1 Part 3

    • 4 Accounting%2C Financial - Comp Prob Service Co 1 Part 4

    • 5 Accounting%2C Financial - Comp Prob Service Co 1 Adjusting Entries part 5

    • 6 Comp Prob Service Co 1 Adjusting Entries part 6

    • 7 Accounting%2C Financial - Comp Prob Service Co 1 Financial Statements part 7

    • 8 Accounting%2C Financial - Comp Prob Service Co 1 Financial Statements part 8

    • 9 Accounting%2C Financial - Comp Prob Service Co 1 Closing Process Part 9

    • 10 Comp Prob Service Co 1 Closing Process part 10

    • Multiple Choice Questions 7 - Cash and Internal Controls

    • 800 CPA Exam Part 1 Bank Reconciliations and Cash - CPA exam %26 other accounting test prep

    • Discussion Question

    • Accounting Comic Break

  • 8

    Definitions & Key Terms

    • Deposits in Transit - What are Deposits in Transit%3F

    • Gross Method Definition - What is Gross Method%3F

    • Invoice Definition - What is Invoice%3F (1)

    • Liquid Assets Definition - What are Liquid Assets%3F

    • Liquidity Definition - What is Liquidity%3F

    • Outstanding Check Definition - What are Outstanding Checks%3F

    • Petty Cash Definition - What is Petty Cash%3F

    • Purchase Order Definition - What is Purchase Order%3F

    • Purchase Requisition Definition - What is Purchase Requisition%3F (1)

    • Vendee Definition - What is Vendee%3F

    • Vendor definition - What is vendor%3F

    • Bank Reconciliation Definition - What is Bank Reconciliation

    • Bank Statement Definition - What is Bank Statement%3F

    • Canceled Checks Definitions - What are Canceled Checks%3F

    • Cash Definition - What is Cash%3F

    • Cash Equivalents Definition - What are Cash Equivalents%3F

    • Cash Over and Short - What is Cash Over and Short%3F

    • Check Definition - What is Check%3F

    • Check Register Definition - What is Check Register%3F (1)

    • Accounting Comic Break

Meet your instructor!

Robert (Bob) Steele
CPA, CGMA, M.S. Tax, CPI


Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.  

Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).  

Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.  

In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible.  

Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.  

Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.  

Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.  

Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.  

The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.

Take this course today!

"Bank Reconciliations & Cash Internal Controls"