Podcast Series Ep7- What is a Bank Reconciliation and why is it important

In financial management, businesses need to manage its cash flows....businesses compares external records (from the bank statement) with internal records which records all the bank transactions.... we discuss and explore what this means for businesses, how does the business identify and manage cash flows by reconciling its bank account?
These are some of the questions we consider with our students to get them to understand the purpose of a bank reconciliation....

Please help support the blog by upvoting and following us. We read all our comments and reply to all our followers =)

Followers and Upvotes are always appreciated.
Thanking you
For more content visit the website: http://www.creativosolutions.com/
YouTube: https://www.youtube.com/c/CreativoSolutions
Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en
Soundcloud: https://soundcloud.com/user-301604869-194340999
Twitter: https://twitter.com/creativo_s
Podcast: http://www.podcasts.com/creativo-solutions-38a2e205b