Internal Controls for Cash Posting and Electronic Funds Transfers

In this course we review internal controls for cash handling and posting, electronic funds transfer (EFT) and electronic remittance advices.

Estimated course completion time: 30 minutes.

Learning Objectives:

After this course you will be able to:

• Recognize the required internal controls for cash posting.
• Classify the different types of general ledger cash (non-accounts receivable) and outline how it is posted.
• Categorize the different levels of automation used in electronic remittance advice posting.
• Recognize the general concepts for electronic funds transfers.

General Program Information