Is bank reconcilation necessary for any organization ?
If yes, when should that performed ?
Answer Posted / prasad s
yes it is very important because without bank reconcialation
accounts can not be closed. so the reason we have to take
the bank statement from banks and ready to bank
reconcialation and what ever the balance in your bank book
balance and the bank statement should match each other. then
only BRS is correct.
Is This Answer Correct ? | 13 Yes | 0 No |
Post New Answer View All Answers
what supporting documents do we vouch to for sales, purchases, receivables, payables, sales cutoff, and liabilities cutoff?
How does the internal audit differ from an external audit?
How does an internal audit differ from an external audit?
Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com
How to involve people in audit?
Explain the purpose of meeting in audit?
Discuss the factors to be considered by the auditor in order to determine an audit strategy.
for how much loan a borrower has to submit QIS
how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)
I WANT TO DO MY ARTICLE-SHIP FROM DELLOITS KOLKATA..PLEASE HELP??
can external audit be seen as merely an overhead cost adding no value to the orgnisation
How to do an internal audit effectively?
What is non statutory audit?
Define vouching?
vat on liquor vat on food ? vat on bevrages ? vat on tobaco? vat on gold?