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Why in the interview of accounts by a CA a candidate is asked that whether he knows to make the Reconciliation Statement?

  
Total Answers and Comments: 1 Last Update: August 10, 2007     Asked by: somnathsahay 
  
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August 10, 2007 07:47:13   #1  
malaikani rajamani        

RE: Why in the interview of accounts by a CA a candida...
Actually reconciliation is much important in credit bound modern organization. this only shows exactly how relally a company have in bank account. so organization payment and investment policy purely depends on their amount in banks.

Also reconciliation is one of the major complex one in part of tallying. so once a candidate familiar with reconciliation most of managers believe that the candidate are capable handling critical situation of fulfilling effect of errors made in accounting.

 
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