Proving that the balance of a general ledger account is correct by comparing it against independent supporting evidence, itemising and explaining any…
Documenting, testing and evidencing the internal controls over financial reporting, and making that evidence retrievable for internal and external auditors.…
Coordinating the hundreds of interdependent tasks that must complete in sequence for a period to close on schedule. A project management problem rather than a…
Recording, reconciling and eliminating transactions between legal entities within the same group, so that internal activity does not inflate the consolidated…
Preparing, validating, authorising and posting the entries that change the ledger — particularly manual entries, where a person directly alters the financial…
Comparing individual transactions across two or more independent records — the general ledger, bank statements, point-of-sale data, card processor settlement…