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Ledger scrutiny

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(Querist)
20 May 2011 Can anyone explain me in detail how to do ledger scrutiny of a company?
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prasad

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prasad (Expert)
20 May 2011 its a long procedure. For nominal accounts one has to varify the annula trends, compare with previous years figures, and adopt ratio analysis.

In Personal accounts one has tp go thru entire account and reconcile the balance in the account, bill wise.
In real accounts varify and take note of changes in the balances.
This is just a guide line not exahuastive.
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