AAT POBC case studies
AAT POBC · Put your knowledge to work in context.
AAT POBC (Principles of Bookkeeping Controls) is a unit within the Association of Accounting Technicians' bookkeeping and accounting qualifications, aimed at learners who already understand basic double-entry bookkeeping and now need to prove they can control it. Typical candidates are bookkeeping students progressing through the AAT bookkeeping route, accounting apprentices, and working finance assistants who post transactions daily and want formal recognition of the checking side of the role. The AAT POBC case studies are 5 cases and about 3,862 words.
1Hollis & Reeve: one pair of hands on the whole payment cycle
Hollis & Reeve is a surveying practice with two partners and five staff. Dan Miles, the office manager, opens the post, records supplier invoices, prepares every BACS and cheque payment, holds the £300 petty cash float and reconciles the bank statement each month.
759 words, about 4 min2Pemberton Trading: reconciling a cash book that is not the same as the bank
At 31 May 20X4 the cash book of Pemberton Trading showed a debit balance of £1,845.20 and the bank statement showed a credit balance of £1,857.10. The following had not been entered in the cash book: bank charges £28.50, a standing order for insurance £150.00, and a customer's cheque for £96.00 returned by the bank marked 'refer to drawer'.
704 words, about 4 min3Riverside Bowls Club: an imprest that will not restore itself
Riverside Bowls Club runs a £300 imprest petty cash system, reimbursed on the first of each month so the float returns to £300. On 1 June the float stood at £300.
813 words, about 4 min4Kestrel Supplies: a control account that nearly agrees
At 1 April the sales ledger control account of Kestrel Supplies had debit balances of £41,280. During April: credit sales £186,540; receipts from credit customers £179,320; discounts allowed £2,840; sales returns £3,150; bad debts written off £960; a contra settlement of £1,200 with the purchase ledger; interest of £75 charged on an overdue account; and a £130 refund cheque sent to a customer who had overpaid.
741 words, about 4 min5Fenwick Garden Services: clearing a £340 suspense account
Extracting the trial balance of Fenwick Garden Services at 31 March, the bookkeeper found the credit column exceeded the debit column by £340 and opened a suspense account with that credit balance. The following were then found: 1.
845 words, about 4 min