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Courses/Accounting & Tax/Accounting

Adjusting Journal Entries: The Do’s and Don’ts

Best Practices for Adjusting Journal Entries and Client Communication.

Created byClearline Consulting
4.9
(42 reviews)
IntermediateUpdated Sep 29, 2024
Adjusting Journal Entries: The Do’s and Don’ts

What You'll Learn

check_circleUnderstand the importance of adjusting journal entries for clients.
check_circleIdentify best practices for posting transactions to control accounts.
check_circleLearn how to avoid common mistakes with adjusting journal entries.
check_circleExplore methods for delivering reclassifying and unadjusted entries.
check_circleImprove client service through clear communication of journal entries.
check_circleApply effective client service strategies for adjusting entries delivery.

About This Course

This session was recorded on November 9, 2023 and remains relevant guidance for all CPA firm staff.

Adjusting journal entries are one of the key deliverables to our clients. Posting transactions to control accounts, or non-existent general ledger accounts, can be very frustrating for our clients. In this session we will go over the do’s and don’ts and a few best practices for adjusting journal entries and the delivery of these to your clients.

In this session we will cover:

  • Client service considerations
  • Adjusting, reclassifying and unadjusted entries
  • Related client communications and services

Your Instructors

Clearline Consulting
Clearline Consulting
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star2,209 reviews

Clearline Consulting provides practitioners and their staff with the tools, training and advice they need to succeed and build thriving accounting firms. From tax compliance to estate planning, file monitoring to assisting with practice review, staff training to customized consulting solutions, our team exists to serve the needs of small to mid-sized public practice firms across Canada. Our collaborative, integrated approach means your firm has access to and support from knowledgeable practitioners who are in front of the ever-changing standards environment. Our core services include supporting firms with the implementation of the quality management standards, external file monitoring, services for accounting, assurance and taxation maters, provisions of templates and resources, practice management and risk mitigation consultations.

Bridget Noonan
Bridget Noonan

Partner and co-founder of Clearline Consulting

Bridget has 20 years of experience in the accounting profession. Bridget is an assurance partner of Clearline CPA and co-founder of Clearline Consulting. Through these two diverse, however complimentary roles, her days are devoted to small and mid-size public practice firms and our clients. Bridget has many perspectives within the accounting profession. As an assurance partner, a past and present board member and a consultant working with CPABC, CPA Canada and 300+ small to mid-size firms throughout Canada. Bridget has authored and facilitated CPA courses for the profession for over 20 years and provides firm training and support in all areas of standards and regulatory compliance, practice management, quality management and file reviews.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

4.9
Student's Choice
42 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.