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Account Reconciliation and Cash Forecasting Fundamentals

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Coursera

Account Reconciliation and Cash Forecasting Fundamentals

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Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

6 hours to complete
Flexible schedule
Learn at your own pace
Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

6 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Execute bank reconciliations using QuickBooks to identify discrepancies and create adjusting entries for accurate financial reporting.

  • Apply fraud detection principles through systematic reconciliation processes that serve as critical internal controls.

  • Build cash flow forecasting models in Excel to predict short-term liquidity needs and identify potential cash deficits.

  • Analyze financial records against external statements to investigate variances and recommend process improvements.

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Recently updated!

March 2026

Assessments

13 assignments¹

AI Graded see disclaimer
Taught in English

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There are 7 modules in this course

You will explore how reconciliation processes serve as critical internal controls for fraud prevention and detection in accounting workflows.

What's included

2 videos1 reading1 assignment

You will explore systematic comparison techniques, investigation procedures, and resolution protocols for financial discrepancies while strengthening organizational controls.

What's included

1 video1 reading3 assignments

You will understand the nature and types of timing differences between company cash records and bank statements, developing the foundational knowledge needed for accurate reconciliation procedures.

What's included

3 videos1 reading1 assignment

You will perform systematic bank reconciliation procedures using QuickBooks to achieve accurate cash balance alignment and prepare professional reconciliation reports for management review.

What's included

4 videos1 reading2 assignments

You will learn essential cash management terminology and understand the critical concepts that form the foundation of effective cash flow management.

What's included

2 videos1 reading2 assignments

You will build functional 7-day cash flow forecasts using structured models and financial assumptions to identify and highlight projected deficit periods.

What's included

2 videos1 reading3 assignments

You will create a comprehensive monthly financial reconciliation package that integrates fraud detection procedures, bank reconciliation techniques, and cash flow forecasting to ensure accurate financial reporting and liquidity management.

What's included

3 readings1 assignment

Instructor

Professionals from the Industry
238 Courses 35,970 learners

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¹ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.