Practice Exam
Certificate in Journal Vouchers

Certificate in Journal Vouchers

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Journal Vouchers


About Journal Vouchers
A journal voucher is a document on which stored the essential information about an accounting transaction. This voucher contains the following information: A unique identifying number. Transaction date. Transaction description.

Every transaction requires some sort of physical backup, which forms a base for it. The physical backup is nothing but the documentary evidence known as a journal voucher.


Why is Journal Vouchers important?
A Journal voucher is important to document because it: Keeps a systematic record of financial transactions of government offices. Provides information on debit and credit aspects of each financial transaction. Acts as evidence in the future.

•    The journal is a memorandum or first record in the process of recording business transactions that occurred before posting to the ledger.
•    The journal records all business transactions according to the date of the Journal showing the chronological records of all business transactions.
•    The journal can reduce the error and omission of transaction records or incomplete transaction records. The journal functions as a control system.

Who should take the Journal Vouchers Exam?
•    Accounting or Finance professionals
•    Business owners or Entrepreneurs
•    Anyone who wants to assess their accounting skills
•    Accounting or Finance managers and senior executives
•    Accounting or Finance consultants
•    Anyone interested in the management of Accounting or Finance

Journal Vouchers Certification Course Outline
1. Basic Accounting Principles and Framework
2. The Accounting Equation and Financial Statements
3. The Accounting Cycle and Accrual Accounting
4. Accounting Transactions and Books of Account

 

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