Question 3c
Marking Guide
up to 1 mark per substantive procedure | |
| – check additions bank reconciliation | |
| – obtain bank confirmation letter | |
| – bank balance to statement/bank confirmation | |
| – cash book balance to cash book | |
| – outstanding lodgements | |
| – unpresented cheques review | |
| – old cheques write back | |
| – agree all balances on bank confirmation | |
| – unusual items/window dressing | |
| – security/legal right set-off | 7 |