After getting new job. You discovered a big mistakes in accounts balances. A/R, A/P, bank accounts. Mistakes for more than 2 yrs. what will u do?

Will identify the specific entries/ledgers that have incorreclty been posted will make a report on it to show the Superiors and take advise from them than according to thier instructions and permission wil make corrections accordingly.

for the bank account will make a bank reconsiliation format which ever available either on the accounting system (most accounting packages have a bank recom feature) or excel and make sure the bank statement match with all payments and reciepts over the 2 years and prepare a report on the errors i find provide it to the superiors and make corrections accordingly.

Will look for supporting vouchesr and ledgers for its authenticity. Will inform to concern highher authority for seeking approval to take coorrective actions. 

I will findout the correct mistakes and reporting to the management with the proper action.

I will review all related documents towards to all mistaken accounts and I will do all necessary things for the immediate implementation for a new policies and procedures to correct all mistake for the past two years.  

Immediately update to my supervisior/higher management with proper adjustment recommendations

Industry insiders insist that while mistakes do happen, they are very few compared to the billions of successful transactions carried out every day.

Let us admit. Human error happens sometimes. In such a case, source documents validates the error.  I will notify the attention of my immediate superior.  I will recommend adjusting entry in the current year to bring to correct and normal book balance the accounts involved.

This mistake How it was occurred. First i will be find out the mistake in bank book and cash book ,go throug entire bank reconcilation statement each month after that i will be findout the mistakes and i will be shortout the problems myself. incase if i can't recovery the problems i will be inform to my manager.

i Will discuss with Higher Authority to make correction in these item because its a major part of our Income statment

I will inform my supervisor and wait for his advice.

Report to senior manager and owner, and record the mistake in our documents with snap shot. after that calcuate affect on financial statement in past and in present and also on future.