Accounting and Control of Expenditures (COR203)
Overview
Delivery method
Classroom
Duration
22.5 hours
Audience
Managers
Supervisors
Description
This course has been archived.
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
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