Bank Reconciliation Statement (BRS) Practice Exam

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).

BRS helps in managing finances as any mismatch is properly addressed with correct funds in bank account. Bank Reconciliation Statement (BRS) usage has increased drastically across the globe resulting in huge demand for certified professionals.

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.

BRS enables correct fund balance in bank account and company can maintain their reputation by making scheduled payment or receive payments.  Bank Reconciliation Statement (BRS) certified professionals, executives and managers are in high demand in companies across the globe.

Who should take the Bank Reconciliation Statement (BRS) Exam?

• Accounting professionals and managers
• Payroll Specialist
• Administrative Assistant
• Finance executives, professionals and managers
• Tax Analyst
• Project Accountant
• Fixed Assets Accountant
• Anyone who wants to learn Bank Reconciliation Statement (BRS)

Bank Reconciliation Statement (BRS) certified professionals, executives and managers are in high demand in companies across the globe.

Knowledge and Skills required for the Bank Reconciliation Statement (BRS)

Critical thinking and communication skills helps candidate to gain quick success for career in bank reconciliation statement (brs).

Bank Reconciliation Statement (BRS) Practice Exam Objectives

Bank Reconciliation Statement (BRS) exam focuses on assessing your skills and knowledge in concepts and application of Bank Reconciliation Statement (BRS)

Bank Reconciliation Statement (BRS) Practice Exam Pre-requisite

There are no prerequisites for the Bank Reconciliation Statement (BRS) exam.

Bank Reconciliation Statement (BRS) Certification Course Outline

1. Basics of BRS
2. Obtaining balance as per bank statement
3. Balance as per accounts
4. Preparing Bank Reconciliation statement
5. Using BRS with Excel

Exam Format and Information

Certification name – Certificate in Bank Reconciliation Statement (BRS)
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199