As we approach the end of the financial year, it is time to prepare the accounts for examination.
You can make your yearly audit as painless as possible by making certain that your financial statements are complete and accurate.
The most crucial step towards this is Bank Reconciliation.
Most adjustments that are discovered during audit relate to inadequate or inaccurate preparation of the Bank Reconciliation process.
This process is thoroughly explained in our book ‘The Adventures of Mr Claw in the World of Charity Accounting’. If you would like a copy, please contact us here