Introduction A student learns how to do a bank reconciliation

Introduction
Authors: Nicole Racette (Équipe de production)
A student learns how to do a bank reconciliation
Objectives:
Understanding the necessary steps to establish the
balance of your bank account;
Knowing at all times the amount of money available in
your bank account;
Identifying the banking fees as well as any irregularities
committed by the financial institution or mistakes made by
you in the compilation of your transactions in your check
book;
Avoid writing bad checks.
Competence:
To efficiently manage one’s liquidity on a short term basis.
Target group: Students with post-secondary education.
This learning object will demystify bank account management. You will see the difficulties encountered by a student in the compilation the
inflow and outflow of money from her bank account as well as her bank reconciliation.
We invite you to print the document entitled Bank reconciliation for June- The documents. This document will be used during the video.
Have the document in hand in order to follow the explanations that will be given.
Plateforme développée par SAVIE Inc. avec la collaboration d'Educacentre. Copyright © SAVIE inc. 2009
Copyright © Collège Educacentre College et ses partenaires 2009
Why should I do a bank reconciliation?
Annabelle wants to take control of her finances. She learns that a bank reconciliation is one of the means for achieving this.
Plateforme développée par SAVIE Inc. avec la collaboration d'Educacentre. Copyright © SAVIE inc. 2008
Copyright © Collège Educacentre College et ses partenaires 2008
How to compile the data?
Before doing her bank reconciliation, Annabelle takes note of the work to be done. She explains how she follows her transactions, which is not without
interest.
Plateforme développée par SAVIE Inc. avec la collaboration d'Educacentre. Copyright © SAVIE inc. 2008
Copyright © Collège Educacentre College et ses partenaires 2008
How should I do a bank reconciliation?
The content of a check book and a bank statement is presented in order to reconcile them. The way to reconcile these documents is presented.
Plateforme développée par SAVIE Inc. avec la collaboration d'Educacentre. Copyright © SAVIE inc. 2008
Copyright © Collège Educacentre College et ses partenaires 2008
How to find errors if there are any?
The content of a check book and a bank statement is presented in order to reconcile them. The way to reconcile these documents is presented.
Plateforme développée par SAVIE Inc. avec la collaboration d'Educacentre. Copyright © SAVIE inc. 2008
Copyright © Collège Educacentre College et ses partenaires 2008
References
Larson, K. D., Pyle, W. W., Zin, M., Nelson, M. & Collette, J. (1988). Initiation à la comptabilité financière et administrative, (4e éd.). Illinois : Irwin.
McMahon, Gosselin, Lacombe, Bilodeau, Durocher. (1993). Comptabilité intermédiaire, Analyse théorique et pratique. Montréal : McGraw Hill.
Racette, N. (1994). Comptabilité intermédiaire 1, notes de cours. Montréal : Guérin Universitaire.
Racette, N. (1999). Comptabilité administrative II. Québec : Télé-université, Distribution : Presses de l’Université du Québec.
Plateforme développée par SAVIE Inc. avec la collaboration d'Educacentre. Copyright © SAVIE inc. 2008
Copyright © Collège Educacentre College et ses partenaires 2008