This unit is designed for a high school business class with students ranging from freshman to seniors. The materials are applicable either an accounting class or a finance class. Students must learn how to perform a bank reconciliation, understand the importance of cash controls to prevent errors and fraud, and learn the importance of accurate records to make sound business decisions. To enrich the material, I will introduce both manual as well as electronic forms of bank reconciliations. Further, I will provide real world examples to illustrate the negative impact when controls are not in place for both personal (finance) or business (accounting) situations.




Text-Based Resources:

1. Losing Your Balance: Bank Customers Lost Nearly $30 Billion to Overdraft Fees Last Year
Barth, C. (2012, June 08). Losing your balance: Bank customers lost nearly $30 billion to overdraft fees last year. Retrieved from http://www.forbes.com/sites/chrisbarth/2012/06/08/losing-your-balance-bank-customers-lost-nearly-30-billion-to-overdraft-fees-last-year/
Readability - Flesch-Kincaid Grade Level: 7.3

2. 16 Bank Reconciliation Tips and Tricks for Quickbooks
Singleton, D. A. (2008, November). 16 bank reconciliation tips and tricks for quickbooks. Retrieved from http://adscpa.com/cpas/c/16-bank-reconciliation-tips-and-tricks-quickbooks
Readability - Flesch-Kincaid Grade Level: 10.4


3. 4 Bank Errors and Mistakes Waiting to Happen
Steele, J. (n.d.). 4 bank errors & mistakes waiting to happen. Retrieved from http://www.moneycrashers.com/bank-errors-mistakes/
Readability - Flesch-Kincaid Grade Level: 8.4

4. A Case Study: Small Business Fraud
Swann, S. (2010). A case study: Small business fraud. Retrieved from http://www.bobermarkey.com/spring_2010/small_business_fraud
Readability - Flesch-Kincaid Grade Level: 9.1

5. Balancing a Checkbook isn't Calculus. It's Harder.
Tugend, A. (2006). Balancing a checkbook isn't calculus. it's harder. New York Times. Retrieved from http://www.nytimes.com/2006/06/24/business/24shortcuts.html?_r=0&adxnnl=1&pagewanted=print&adxnnlx=1358629298-hevkLmwGRhZiFqBKN57fnQ
Readability - Flesch-Kincaid Grade Level: 9.7




Web-Based Resources:
1. Crossword puzzle
Accounting Coach, LLC., (2004) BankReconciliation #1. Retrieved from http://www.accountingcrosswords.com/interactive/bank-reconciliation-1.html

2. Video on Reconciling items
Enlight09. (2009). Cash 02: bank reconciliation. Retrieved from http://www.youtube.com/watch?v=gO5nETgXyZE




3. Webquest
Magers, G. (n.d) Group Money unit project. Retrieved from https://sites.google.com/site/finalprojectwebuest/Home

4. Interactive Game
Marshall, Dave. (n.d.) Basketball game - bank reconciliations. Retrieved from http://www.dwmbeancounter.com/BCTutorSite/TestLectures/Tests/Games/Basketball/Cash/BballBankRecon.html

5. Interactive Checkbook
The Northwestern Mutual Foundation, (n.d.) Balancing your checkbook. Retrieved from http://www.themint.org/teens/balance-your-checking-account.html


Unique Resources:

1. Cartoon- Fudget
Anderson, Mark. (n.d.) Computer Cartoon #6234. Retrieved from http://www.andertoons.com/computer/cartoon/6234/im-pretty-sure-excel-doesnt-have-fudge-function/

2. Graph
(2012) How Often do you reconcile your Checking Account Retrieved from http://boards.weddingbee.com/topic/how-often-do-you-reconcile-your-checking-account

3. Cartoon - Overdrawn
(n.d.) Overdrawn Account Cartoon 1. Retrieved from http://www.cartoonstock.com/directory/o/overdrawn_account.asp

4. Template
(n.d.) Retrieved from http://www.spreadsheetshoppe.com/bank-reconciliation.html

5. Video- Cash Controls
MCaudit. (2008). Cash handling controls. Retrieved from http://www.youtube.com/watch?v=jjykI2-FXko