The starting point for the verification of the balance in the general bank account is to obtain:

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The most direct and reliable way to verify the balance in the general bank account is to obtain a bank reconciliation directly from the client. This statement will show the transactions that have been processed by the bank and any outstanding items that need to be accounted for. The bank reconciliation is the starting point for auditing cash balances, and it allows the auditor to validate the accuracy of the cash account in the client's general ledger. Obtaining a cutoff bank statement directly from the bank or the client's year-end bank statement may provide additional information, but it is not the most appropriate starting point for verifying the balance in the general bank account.

The Starting Point for the Verification of the Balance in the General