Accounting and Control of Expenditures

Product code: COR203

About this course

Delivery method

Delivery method

Classroom

Duration

Duration

22.5 hours

Audience

Audience

Managers

Supervisors

 

The School has transitioned to the virtual delivery of its learning products. As a result, this in-person classroom course has been suspended. Visit our learning catalogue to find similar or alternative virtual or online courses.

Financial responsibilities and controls are often delegated to others, so it is important to know how to reconcile the numbers at the end of each month. This course presents the essential steps of the accounting and control of expenditures process, including account verification, requisitioning and reporting. Participants will learn how to better advise managers on financial matters and contribute to departmental accounting projects.

Topics include:

  • unpacking delegation of authority
  • initiating expenditures through the commitment process
  • verifying accounts and requisitioning payments
  • understanding periodic control and financial reports
  • authorizing sensitive expenditures

Legacy course code: F601

Date modified: 2022-02-07

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