Bank Reconciliations - A Step by Step Guide

By Mr. Conor Foley, B. Comm., MAcc., ACA, Dip IFR, on behalf of the CPA Examinations Team for Foundation Level Financial Accounting, February 2024

In this article Conor Foley explains what is meant by the term "bank reconciliation" and provides a worked example of a step by step approach to bank reconciliations.