Scope of Work
- Statement-to-ledger matching
- Investigation of outstanding and unidentified items
- Review of bank charges, transfers and timing differences
Accounting & Bookkeeping
Bank Reconciliation
Independent agreement of cashbook records to bank statements.
Bank reconciliation matches ledger transactions to bank activity and explains timing differences, omissions and errors. Regular reconciliation is a fundamental control over cash completeness and accuracy.
Principal Deliverables
- Bank reconciliation statement
- Unresolved-item schedule
- Required correction entries
Advisory Perspective
Cash balances become reliable and unusual or unrecorded transactions are identified promptly.
Scope, timing and deliverables are agreed according to the organisation's records, reporting environment and decision requirements.
Discuss Bank Reconciliation
Speak with HLM about the information, controls and outcomes your business requires.