IMPORTANT: The FinPro Help Desk is transitioning to a PSC Service Desk. Learn how the OUC and PSC are reorganizing help desk and training functions. During the transition (Sept 7-Oct 31), hours for phone service are 10:00 a.m.-noon and 1:00-3:00 p.m., Mon-Fri. Voicemail will not be monitored. Email us anytime at FinProHelp@cu.edu.
The purpose of the Cash Controls Course is to equip participants with an understanding of the various forms of incoming payments (receipts), how they should be processed, deposited, and booked into the general ledger, as well as the internal controls that must be put in place to prevent error and fraud.
Program Level: Basic
Advanced Preparation: N/A
Instructional Method: Group-Live
Instructor: Lexie Kelly
Recommended CPE Credit: 2 Hours
Field of Study: Finance
At the end of the course, participants will be able to:
- Describe the types of payments used in the University environment and explain how these payments should be handled and prepared for deposit;
- Identify how to book entries for receipts and adjustments in the general ledger;
- List the proper internal controls that must be in place for all payment-handling procedures; and,
- Describe the fiscal roles and responsibilities within the department and the University.
The University of Colorado is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.