Overview   

Bank reconciliations are an essential tool for ensuring that a business’s cash records align with its bank statements, helping to detect discrepancies, errors, or even fraudulent activity. A proper reconciliation process not only ensures accuracy in financial reporting but also builds confidence in the organisation’s financial management. 

Join Doubt Moyo (ACCA, ICTA) on 26 June 2025, from 10:00 to 11:30, as he simplifies the bank reconciliation process by breaking it down into clear, practical steps. He will demonstrate how to identify common discrepancies, adjust balances, and prepare a complete reconciliation statement with confidence. 

Learning objectives  

By attending this webinar you will gain the following competencies: 

• Understand the definition, purpose, and importance of bank reconciliations. 
• Identify common reasons for differences between bank statements and company cash records. 
• Prepare a bank reconciliation statement accurately and efficiently. 
• Recognise and adjust for common discrepancies such as deposits in transit, unpresented cheques, and bank charges. 
• Apply a step-by-step process to reconcile cash book balances with bank statements. 

Content 

The webinar will cover the following topics:  

• Introduction to Bank Reconciliation 
  o Definition and purpose 
  o Why reconciliation is important 
  o Frequency and timing of reconciliations 

• Key Components of a Bank Reconciliation 
  o Opening balances: cash book vs bank statement 
  o Reconciling items (deposits in transit, outstanding cheques, fees, etc.) 
  o Adjusted balances 

• Essential Documents to Gather 
  o Bank statements 
  o Cash book/ledger 
  o Cheque register and deposit slips 
  o Bank fee schedules and debit order mandates 

• Step-by-Step Reconciliation Process 
  o Comparing cash book and bank statement 
  o Identifying and flagging discrepancies 
  o Adjusting bank and cash book balances 

• Finalising and Documenting Reconciliation 
  o Completing the reconciliation statement 
  o Recording adjustments and journal entries 
  o Attaching supporting documentation and sign-off requirements 

• Case Study: Ubuntu Traders Example 
  o Practical illustration of reconciliation with adjustments 
  o Ensuring final balances match 

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

About the presenter 

Doubt Moyo  

Doubt Moyo is a dedicated and analytical financial accountant with a strong background in accounting, taxation, and forensic auditing. He holds a Bachelor of Commerce in Accounting from Midlands State University and a BCom in Applied Accounting from Oxford Brookes University. With extensive experience as both an accountant and a lecturer, Doubt has worked with institutions such as Richfield and Dateline College, where he has overseen financial records, prepared tax returns, and educated students in various accounting disciplines. Currently, he is the Managing Partner at Aphiwe Business Services, where he continues to impart knowledge and manage comprehensive financial services for clients.  

Who should attend? 

The following persons will benefit from attending this webinar: 

• Bookkeepers. 

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA. 

• Trainee accountants. 

Price

• R 265.00 - Online admission - Individual.  

• Group Price 1 - From R109 per person (up to 5 users)  

• Group Price 2 - From R71 per person (up to 10 users)  

• Group Price 3 - From R64 per person (over 11 users)  

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar. 

Corporate training solutions  

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.  

Contact us   

Have any questions or need any assistance? Contact us today!  

• Online chat through our website.  

• WhatsApp: Start chatting (+27635026114)  

• Phone: 010 593 0466  

• E-mail: [email protected]