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What is mathematical exercise of agreeing the bank

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Question 1: For cash, the key control is the bank reconciliation. As a new Chief Financial Officer, would always do the bank reconciliation myself for the first few months before returning it to the Controller to complete as part of their normal duties. What might have been some of the more detailed work would have done apart from the mathematical exercise of agreeing the bank and the ledger amounts? Why did do the work for a few months rather than just approve the reconciliation done by the Controller?

Reference no: EM132615283

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