Categories: Infographic

What Is The Importance Of Account Reconciliation In Business [INFOGRAPHIC]

Account reconciliation is crucial as it helps detect mistakes, fraud, or discrepancies in the accounting books. It helps the company’s financial health. It is a good business practice to help a business succeed.

Account reconciliation is a crucial step in ensuring the completion and accuracy of financial statements. Businesses, reconcile financial statements to eliminate small or significant misstatements.

Source: What Is The Importance Of Account Reconciliation In Business

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