More About Bank Reconciliations
filed in Fraud, financial statements on Nov.24, 2009
Late in September, Colette Kamps blogged about a Check Signer’s Responsibilities. The complimentary control to this cash disbursement control is a monthly bank reconciliation, along with a review of the reconciliation by someone other than the preparer. For some organizations that already have bank reconciliations, we commend you. However, if nobody but the person who prepared them [...]
