Skip to content

Ask the Tutor ACCA AA

substantive procedure for cash and bank

Former userFormer user6y ago

[Content removed at user request]

KimKimTutor6y ago#1
I think what is is referring to is if you are looking at a bank reconciliation it will reconcile "balance per the bank statement" to "balance per cash book". If this is prepared by the client, the auditor should confirm that the starting point of the reconciliation is indeed the correct balance per the bank statement.
Sign into reply to this topic.