A useful bank-statement review starts with clear records and a specific question. Work through the information in a consistent order before drawing conclusions.
1. Confirm the scope
List the accounts and statement periods you need. Check that the available files cover the period under review and note any missing records.
2. Review the extracted entries
Check account details, dates and the overall transaction picture. Look at entries marked for attention before relying on the analysis.
3. Understand the parties
Review the main sources and recipients of money. Check names and groupings against the information available to you.
4. Explore the movements
Examine cash activity, larger payments, repeated transactions and connected accounts. Open the supporting entries for each observation.
5. Prepare your report
Explain what you reviewed, what the records show and which questions remain open. Save the report and supporting exports before deleting a completed case from the application.