BRS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 July 2010
Hi
Respected Members
1.Can any one tell me what is the check list of Bank Reconciliation statement?
2. Is there possible to make frauds by way of bank reconciliation statment by company or other assesee?
3. is Missing cheques no. is important consideration is it right?
Respected Members
1.Can any one tell me what is the check list of Bank Reconciliation statement?
2. Is there possible to make frauds by way of bank reconciliation statment by company or other assesee?
3. is Missing cheques no. is important consideration is it right?
14 July 2010
In my practical view
a .Pls check the reco prepared by the acountant
b. than check the bank transactions with Bank Statement so as to verify that standing entries in reco are actually standing. Also check the long outstanding entries in BRS.
c.this preocess may be done through tally if the records are so maintained.
2. YAA I have got a very recent instances of fraud by not preparing BRS/or wrong preparation of BRS.
3.Yaa check through Bank statement wether the issued check are actaully of the same amount as entered in the Books. Missing Cheque no in our Books is not a good sign
a .Pls check the reco prepared by the acountant
b. than check the bank transactions with Bank Statement so as to verify that standing entries in reco are actually standing. Also check the long outstanding entries in BRS.
c.this preocess may be done through tally if the records are so maintained.
2. YAA I have got a very recent instances of fraud by not preparing BRS/or wrong preparation of BRS.
3.Yaa check through Bank statement wether the issued check are actaully of the same amount as entered in the Books. Missing Cheque no in our Books is not a good sign
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
