Ledger scrutiny

[7:28pm, 24/08/2014] Khan....: Whats the steps for ledger scrutiny [7:28pm, 24/08/2014] Khan....: As my boss order me for the doing the same [7:28pm, 24/08/2014] Khan....: Plz provide me details regarding that in easy way
Replies (1)

Checking of opening balance of ledgers as per trial balance given & last year's balance sheet, checking of proper & presentable heads of account, proper date, correct amount debited or credited, incorrect or ommitted accounting entries, any violation of tax provisions or other applicable law provisions, closing balance of ledgers, arithmetical accuracy of ledgers, etc.

Hope ur doubt is cleared now.

 

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