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By always apply concept of ((Apple to Apple )) meaning both entries must be matched, then no fraud or error can take place.
Now see what account reconciliation does in fraud and error detection, it tends to balance all expenditures, the incomes, and every other financial components of an account. when there are errors or a form of fraud, there is a quick detection because there won't be corresponding account balance amongst the accountants in that sector.
Reconciliation Means to tally or verify the our book balance with Banks, Suppliers, or Debtors book balance.
this is first step of data scrutiny. from this method we can able to find compensating error , error of omission .
in case of bank Reco.. we just verify our deposits & withdrawal with actual bank statement to reach exact available balance.
in case of debtor / supplier ledger reco.. we can able to track outstanding bills which is unpaid .
This method is not100% suitable to prevent fraud
basically we used reconciliation for detection /prevention for frauds like account reconcilation , bank reconciliation , ledger recocilation , reconcilation used for that purpose usually