Account reconciliation is a vital process that ensures a company’s financial records are accurate, consistent, and aligned with external statements. In this insightful blog by Answers CPA, we explain what account reconciliation is, why it’s essential, and how it works in maintaining financial integrity. You’ll learn how businesses compare their internal ledgers with bank statements, credit card records, and other financial data to identify discrepancies, prevent errors, and detect potential fraud.
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https://www.answers.cpa/blog/a....ccount-reconciliatio
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