|
|
Name
of client: |
Prepared
by: |
File
ref: |
|
|
|
|
|
|
|
Year end: |
Reviewed by: |
|
|
|
|
|
|
|
|
Subject: Bank |
|
|
|
|
|
|
|
|
|
Objective |
To ensure that bank balances are fairly stated. |
|
|
|
|
|
|
|
|
Method |
Agree the balance brought forward to signed prior year accounts. Agree the closing balances bank cert to the bank certificate. Agree closing ledger balances to the accounts. Cast the reconciliation. Review bank statements around the year end, noting and explaining large or unusual items. Agree the list of outstanding items to amounts presented at the bank after the year end. Write off any cheques older than 6 months. Note the last cheque stub completed before the year end. Ensure that no cheque numbers prior to the last cheque clear after the year end that are not included in the bank rec. |
|
|
|
|
|
|
|
|
Result |
Page ref: Comments: |
|
|
|
|
|
|
|
|
Conclusion |
According to the audit work performed, the objective has been met/has not been met. Problems recorded: |
|
©Lynnix (UK) Ltd 19
Oct 2007