The Planning and Follow-up Department / Training and Development Division in the Directorate of Housing, one of the formations of the Ministry of Construction, Housing and Public Municipalities, organized a course entitled (Bank Statement) in which a number of accountants and financial auditors participated. The lecturer, Mr. (Naseer Asim Muhammad), addressed the following topics:
- Explaining the methods of matching the bank statement with the three methods.
A – The method of transferring the two balances to the correct balance.
B – The method of transferring the records balance to the statement balance.
C – The method of transferring the statement balance to the records balance.
- In addition to defining the reasons for the difference between the statement balance and the balance of the records and the recording treatments for the settlement entries for the bank statement.
The course concluded with all participants undergoing a test to re-review the information and give them evaluation marks.