What is the relevance of BRS

Quick Summary
This discussion explores the relevance of Bank Reconciliation Statements (BRS) in an era of online transactions. While some argue BRS is unnecessary if balances match, others contend it remains vital. Reasons for its continued importance include timing differences in online entries, bank charges, interest, commissions, and potential errors by either the bank or the accountant. Therefore, regular BRS is recommended to ensure financial accuracy.

As per the cash book or bank book it says and who the frig cares. There no perfect principle behind brs. So vagabonds in accounting need not come back asking silly questions. When an accounts curriculum doesnt have it neither does a standard, its a cheap transaction and cost constraint. 

As per the cash book or bank book it says and who the frig cares. There no perfect principle behind brs. So vagabonds in accounting need not come back asking silly questions. When an accounts curriculum doesnt have it neither does a standard, its a cheap transaction and cost constraint. 

As per the cash book or bank book it says and who the frig cares. There no perfect principle behind brs. So vagabonds in accounting need not come back asking silly questions. When an accounts curriculum doesnt have it neither does a standard, its a cheap transaction and cost constraint. 

As per the cash book or bank book it says and who the frig cares. There no perfect principle behind brs. So vagabonds in accounting need not come back asking silly questions. When an accounts curriculum doesnt have it neither does a standard, its a cheap transaction and cost constraint. 

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