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linv08 linv08
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A year ago
The bank reconciliation

▸ must be done on a daily basis if the client uses electronic banking.

▸ should be performed by someone independent of the handling or recording of cash receipts.

▸ should be performed by someone who handles cash disbursements.

▸ ensures that no cash has been embezzled.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
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voltayrevoltayre
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A year ago
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linv08 Author
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A year ago
Thank you, thank you, thank you!
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This calls for a celebration Person Raising Both Hands in Celebration
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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