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Basic Accounting Journals Part 2: The Adjustments That Still Catch People Out

You know the basics — but it’s the follow-up journals that quietly break the numbers. This session deepens your journal skills so adjustments stop causing errors and confusion.

Date:

9 April, 2026

Time:

14:00

Hours:

1 hour

CPD Units:

2

Category:

Accounting

Group:

Channel 2: Growth

Format:

Live Event

R230,00 VAT incl.

Product Information

Many professionals understand basic journals in theory, but struggle when those journals need to be adjusted, reversed, or corrected in later periods. This session builds on Part 1 and focuses on what happens after the first journal is posted. Delegates will learn how common adjustments behave over time and how errors quietly build up when journals are not handled properly. The session explains recurring adjustments such as accruals, prepayments, depreciation, and income received in advance in simple, practical terms. Designed for accountants and bookkeepers who prepare or review accounts, this session strengthens confidence and control over journals. By the end of the session, delegates will be able to correct, adjust, and review journals without breaking the financial statements.

Presenter/s

What will set you apart

By attending this event, delegates will learn:

  • How to confidently post follow-up and correction journals
  • How to fix journal errors without making things worse
  • How accruals and reversals work over multiple periods
  • How prepayments roll forward correctly
  • How depreciation journals behave year after year
  • How to deal with income received in advance over time
  • How to review journals before finalising accounts

Event breakdown

  • Revisiting debits, credits, and journal logic
  • Correcting journal errors safely
  • Accruals over multiple periods
  • Reversing and updating accrual journals
  • Prepayments and roll-forward adjustments
  • Depreciation over the asset’s life
  • Income received in advance adjustments
  • Reviewing journals before finalisation
  • Preventing repeat journal mistakes

Certificate

The following event is awarded 2 CPD units in Accounting.