Is my accountant legit?

[malvolio]

The Balance Sheet is the backbone of the accounting records, and reconciling the bank account AND all the other balance sheet accounts is essential to prepare a set of accounts.

On takeovers from other accountants the most common error we see is that the Director's Account is not reconciled, this stores up problems if the client has not been diligent with their paperwork.

Alan

Have to say I'm with Alan and Simon on this one. Given the average level of accounting questions us professional contractors ask on these boards, I think somone comparing spreadhseet to reality at least once a year is a bit of a necessity.

[northernladuk]

Have to say I'm with Alan and Simon on this one. Given the average level of accounting questions us professional contractors ask on these boards, I think somone comparing spreadhseet to reality at least once a year is a bit of a necessity.

Amen to that.