How Audits Impact Your Approach to the Account Reconciliation Process
Due to increasingly strict and complex compliance laws, it is imperative that errors in the account reconciliation process be found…
Control Risk in Your Balance Sheet Reconciliation Process
Nothing sinks a company’s office of finance’s credibility faster than a poorly-managed balance sheet reconciliation process – but where is…
7 Steps to Auditing Your Corporation’s Bank Reconciliation Statement
Bank reconciliation is an important task for any accounts department. It compares your general ledger against your bank statement to…
Why Spreadsheets Are the Worst Transaction Matching Tool
Finance teams around the world are typically very familiar with the pain that comes with transaction matching financial data, such…
How to Improve Your Vendor Reconciliation Process
The size and scale of your business most likely dictate how quickly you can drown in the workload they create,…
How to Break Up Monthly Reconciliation into Manageable Pieces
Increasingly tough regulations have made completing an accurate, timely monthly-end close even more grueling and complicated. To achieve a faster…
Financial Blunders: Shining a Magnifying Glass on the Shortcomings of Accounting Spreadsheets
Spreadsheets are currently the most universal, transient tool in accounting—and the most dangerous. Recent studies confirm that up to 90%…
