BÀI GIẢNG kế TOÁN QUỐC tế chapter 15 bank reconciliations

Chapter 15BANK RECONCILIATIONS... Bank statement and cash book 2... Bank statement and cash book Bank reconciliation A comparison of a bank statement with the cash book.. The bank reconc

Chapter 15

BANK RECONCILIATIONS

Learning Objectives

1 Bank statement and cash book

2 Bank reconciliation

Bank statement and cash book

Bank reconciliation

A comparison of a bank statement with the

cash book

The bank reconciliation is an important financial control.

Bank statement and cash book

Differences on bank reconciliation

• Errors: more likely in the cash book

• Omissions: items on the bank statement not in the cash book (e.g bank charges)

• Timing differences: e.g cheques issued

and entered in the cash book but not yet presented at the bank

Bank reconciliation

Proforma bank reconciliation

Bank reconciliation

Proforma bank reconciliation