A bank reconciliation statement is a summary of banking activity, supplied so that accountholders can check for errors or ...

Reconciliations, performed in accounting to minimize errors, are basically comparisons of two different reports or documentation. Because the general ledger, or G/L, is made up of accounts, ...

Account reconciliation is an important task for many CPAs and CGMA designation holders working in business and industry. These best practices make it easier to do it correctly: Prioritize your balance ...

The webinar, geared at finance, accounting, audit and compliance managers in mid- to large size organizations will focus on how finance and/or compliance executives can further ensure the integrity of ...

Reconciling a business bank account is the process of checking recorded transactions against those reflected on bank statements. From there, you’ll note which transactions aren’t reflected in both ...

Account reconciliation is an important task for many CPAs and CGMAs working in business and industry. While it already may be a familiar task, there is always room for improvement. I’ve led many ...

How do you verify the accuracy of your company's hundreds of monthly payments? To guarantee a flawless match, you must conduct accounts payable reconciliation, which involves comparing your internal ...

Louisiana State University at Shreveport has struggled with bank reconciliations and weak controls over payroll in recent years, according to the Louisiana Legislative Auditor. Auditor Mike Waguespack ...

Generally accepted accounting principles include three sets of rules that apply to and cover most every accounting transaction. Petty cash reconciliations, which occur monthly or before replenishing a ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The bank is a South African specialist foreign exchange and ...