General Ledger Management – Accounting Yard

About Course

This course provides a practical and structured approach to General Ledger (GL) Management within the accounting cycle. Participants will learn how to effectively manage, review, and close the general ledger using systematic principles, schedules, and checklists. The course emphasizes month-end closing processes, supported by illustrative case studies.

By the end of this course, you will be able to:
Understand what a General Ledger (GL) is and why it must be managed and reviewed
Apply a systematic and principled approach to GL management
Understand month end closing and its importance
Explain why organizations close their books
Create month-end closing checklists
Prepare and manage key accounting schedules, including: Loan schedule, Fixed assets schedules, Bank reconciliation e.t.c
Perform detailed reviews of general ledger and supporting schedules
Analyze practical scenarios using an illustrative case study

Course Content

Course Overview

Introduction to general ledger management

10:03
Objective of the module

01:36
Risk management and Skill set for GL review

21:09
Common issues with general ledger and how to review a general ledger

12:06
Questions on skill set required for general ledger review

07:43
Questions on common issues with GL

17:19

General ledger Review

Review of GL- Staff cost

13:16
Questions and Answer on staff cost review

08:15
GL Review- Guest house

10:57
Question and Answer on GL review- Guest house

13:43
GL review- Consultancy

13:49
Question and Answer on Consultancy GL Attempts

11:42
GL review- Consultancy II

05:15
GL Review- Bank charges

19:17
Question and Answer on bank charges review

04:41

Month end closing

Introduction to month end closing

09:09
Question and Answer on Introduction to Month end closing

12:50
Month end closing activities

09:27
Question and Answer on month end closing activities

13:01
Summary on GL review and Month end closing

12:30
Summary on Month end closing

16:22:00
Question and Answer on Month end closing and GL Review

01:27
Month end activities

11:08
FInancial Statement Line correlations

02:04
Introduction to month end closing schedules

12:19
Question and Answer on month end schedules

16:27

Fixed Asset Register and Bank Reconciliation

Fixed Asset register and Movement Schedule

10:32
Question and Answer on Fixed Asset Register

01:46
Sample Fixed Asset Register

06:12
Question and Answer on Sample Fixed Asset Register

10:28
Introduction to bank reconciliation

12:44
Question and Answer on Introduction to bank reconciliation

15:48
Preparation of Fixed Asset movement schedule

08:28
Ques tion and Answer on the preparation of fixed asset movement schedule

22:17
Preparation of bank reconcilation

11:50
Question and Answer on preparation of bank reconcilation

30:04
Question and Answer on preparation of bank reconcilation II

01:05

Loan Schedule and Accurals

Assertion based GL review and Case study

Student Ratings & Reviews

5.0

Total 2 Ratings

2 Ratings

0 Rating

Oluwakemi Ogundele

2 months ago

This course has really helped me understand the basics of general ledger management. I am confident I will do much better at my job thereafter. Thank you to the Accounting Yard for putting this together.

Omobolaji Amodu

2 months ago

The course was very good. Thanks.

About Course

What Will You Learn?

Course Content

Course Overview

Introduction to general ledger management

Objective of the module

Risk management and Skill set for GL review

Common issues with general ledger and how to review a general ledger

Questions on skill set required for general ledger review

Questions on common issues with GL

General ledger Review

Review of GL- Staff cost

Questions and Answer on staff cost review

GL Review- Guest house

Question and Answer on GL review- Guest house

GL review- Consultancy

Question and Answer on Consultancy GL Attempts

GL review- Consultancy II

GL Review- Bank charges

Question and Answer on bank charges review

Month end closing

Introduction to month end closing

Question and Answer on Introduction to Month end closing

Month end closing activities

Question and Answer on month end closing activities

Summary on GL review and Month end closing

Summary on Month end closing

Question and Answer on Month end closing and GL Review

Month end activities

FInancial Statement Line correlations

Introduction to month end closing schedules

Question and Answer on month end schedules

Fixed Asset Register and Bank Reconciliation

Fixed Asset register and Movement Schedule

Question and Answer on Fixed Asset Register

Sample Fixed Asset Register

Question and Answer on Sample Fixed Asset Register

Introduction to bank reconciliation

Question and Answer on Introduction to bank reconciliation

Preparation of Fixed Asset movement schedule

Ques tion and Answer on the preparation of fixed asset movement schedule

Preparation of bank reconcilation

Question and Answer on preparation of bank reconcilation

Question and Answer on preparation of bank reconcilation II

Loan Schedule and Accurals

Introduction to loan or borrowing schedule

Question and Answer on Introduction to loan schedule

How to prepare a Loan schedule

Preparing a simple loan schedule

Question and Answer on preparing a loan schedule

Accurals

Assertion based GL review and Case study

Assertion based GL Review

Question and Answer on Assertion based GL review

Class exercise on Schedules

Class exercise on correction of error

Brief Introduction into preparation of Mgts Accounts

Question and Answer on Preparation of Mgts accounts

Student Ratings & Reviews