BSBFIN401-Financial-Data-Review-Report-v1.0

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School

Javeriana University *

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Course

20

Subject

Accounting

Date

Nov 24, 2024

Type

docx

Pages

2

Uploaded by GrandElectron9711

Report
Financial Data Review Report Learner Name Paola Hernandez Workplace/Organisation Bounce Fitness State/Territory Date Prepared 22/06/2022 Financial Data Review Discrepancies to be closed for balance day adjustments 1. Unreconciled Statements Adjustment to be made to the general ledger system New journal entry for adjusting 2. Debit and credits misplaced Adjustment to be made to the general ledger system check that the posting of all sales and sales invoices have been made. Financial Data Review Report Version 1.0 Produced 30 September 2021 © Precision RTO Resources Page 1
Financial Data Review Errors 1. Information incomplete 2. Not having information traceability Non-compliance with statutory requirements Failure to comply with the standards and code of conduct as an accountant, by being negligent and not properly reviewing transactions. Non-compliance with organisational procedures There are certain errors that have arisen because the organizational policies were not followed to the letter, for example, other depreciation methods other than those established in the policy were used. Add more rows as necessary END OF TEMPLATE Financial Data Review Report Version 1.0 Produced 30 September 2021 © Precision RTO Resources Page 2
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