PreciseBankFlow blog
Guides for CPAs, auditors and controllers on bank reconciliation, audit evidence from statements, and catching errors and fraud.
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Bank reconciliation
How to reconcile a bank account to your books, with worked examples, templates, timing items and the Excel formulas that do the matching.
9 posts
Account reconciliations
Reconciling balance sheet, general ledger, credit card, petty cash, intercompany and payables accounts, with templates and examples.
7 posts
Reconciling in accounting software
Step-by-step reconciling in QuickBooks Online, QuickBooks Desktop, NetSuite and Sage, plus fixing discrepancies and undoing a reconciliation.
7 posts
Choosing reconciliation software
What to look for in reconciliation software: matching rules, audit evidence, firm features, data security and when manual still wins.
7 posts
Bank statements in an audit
Audit procedures for bank reconciliations, assertions, footing and vouching statements, duplicate checks and workpaper-ready reports.
5 posts
Fraud and forensic review
Spotting fake bank statements, fraud red flags in real ones, forensic bank statement analysis and the techniques and software behind it.
5 posts