Bank Reconciliation Statement (BRS)
About Bank Reconciliation Statement (BRS)
The process of locating each transaction and comparing it to the bank statement so that the closing balance of the bank in the books matches the bank statement is known as a bank reconciliation statement (BRS).
Why is Bank Reconciliation Statement (BRS) important?
Bank reconciliations help you identify fraud and lower the likelihood of transactions leading to fines and late fees. A firm can benefit from BRS in a number of ways, including Finding mistakes You may identify accounting mistakes that are typical of every organization by doing bank reconciliation.
Who should take the Bank Reconciliation Statement (BRS) Exam?
- Payroll Specialist
- Administrative Assistant
- Tax Analyst
- Project Accountant
- Fixed Assets Accountant
- Anyone who wants to learn Bank Reconciliation Statement (BRS)
Bank Reconciliation Statement (BRS) Certification Course Outline
- Basics of BRS
- Obtaining balance as per bank statement
- Balance as per accounts
- Preparing Bank Reconciliation statement
- Using BRS with Excel
Certificate in Bank Reconciliation Statement (BRS) FAQs
How to register for the exam?
You can directly go to the certification exam page and register for the exam.
What happens if I fail in the exam?
You will be required to re-register and appear for the exam. There is no limit on exam retake.
How many questions will be there in the exam?
There will be 50 questions of 1 mark each
Is there any negative marking?
No there is no negative marking
What is the passing score for the Certification?
You have to score 25/50 to pass the exam.
When will the result be declared?
The result will be declared immediately on submission.
How can I take the exam?
It will be a computer-based exam. The exam can be taken from anywhere around the world.