compassion

Taking Stock

In accounting, we perform reconciliations between two representations of the same thing.  For instance, the cash on our books and the cash in our account as the bank reports it.  We expect to find differences, and our task is identify them, determine what action, if any, we need to take on our books, and occasionally tell the bank what they have missed.

Author(s): 
Department: 
Subscribe to RSS - compassion