Accounts reconcilliation of debtors

Tahseen Tabassum (CA-FINAL) (644 Points)

25 April 2009  

While going through the Accounts Receivables we found that the company is not preparing the reconcilliation statement of the AR neither the co. is maintaining any written documents for the balances standing in the books from which we can confirm the balance.Particular ledger by the name of customer was also not prepared the ledger was as per job no. so it was difficult to confirm the balance of the particular AR...What action as an Internal Auditor shall we take.