Adjusted, reconciled. Experis takes your accounts there.
Account reconciliations are one of the most critical, yet often neglected, internal accounting controls within any business.
They’re critical because account reconciliations identify discrepancies between a company’s general ledger and the balance detail. By bringing the two financial records into an adjusted, reconciled state, more accurate financial reporting is ensured.
Experis Finance leverages our proven methodology, customized to fit your needs. Our account reconciliation process typically involves:
Stabilizing the variance
Understanding process flow
Detailing outstanding transactions
Researching outstanding items
Preparing correcting journal entries
Our approach may also involve policy and process development, training and creation of tools – including automation – to make the process more efficient and manageable.