Chapter 2

Is a tiny mismatch really worth chasing down?

Vài đồng lệch có đáng để lần tới cùng?

The chapter's question

Which of my accounts have not been reconciled this month?

Big idea

A small discrepancy ignored for a few months becomes a large one nobody can trace.

In this chapter

  1. Part 2.1

    Bank Against Books

    How far apart are the two balances, and why?

  2. Part 2.2

    Receivables and Payables

    Does my receivables list reconcile to the ledger yet?

  3. Part 2.3

    Stock and Books

    When was the last physical stock count?

  4. Part 2.4

    Small Differences Left Behind

    How many unexplained differences am I leaving open?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of Books That Tell the Truth is free to read right here.

Read in Conan School

Chapters of Books That Tell the Truth

  1. 1.What good are accurate numbers that arrive late?
  2. 2.Is a tiny mismatch really worth chasing down?
  3. 3.How can two months both look right yet be wrong?
  4. 4.Who really decides how good the books are?
  5. 5.Can anyone trust books that everyone can edit?