Balance Sheet Reconciliations – A Must for Businesses, But Not Many Know How to Do It

What is Balance Sheet Reconciliation?

Balance sheets are often viewed as the “face” of a company’s financial health. They list what a business owns (assets), what it owes (liabilities), and the residual interest of the owners (equity). But having a balance sheet isn’t enough—what matters is are the balances correct? That’s where balance sheet reconciliations are so important. Many businesses […]