last year items

System
System Posts: 100,537 🤖 Admin 🤖
edited June 9 in AAT member discussion
I need a little help. I have recently taken on the role of Clerk to a community council, and am also the responsible finance officer. We have had the internal audit done on last year's accounts, but there were some bank statements missing. Upon getting these statements, there are some bank interest items that relate to last year. What do I do with these? Can I just add them to last year's accounts, add them to this year's accounts with a note, or is there a special process I need to go through? The accounts haven't had their external audit yet.

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  • System
    System Posts: 100,537 🤖 Admin 🤖
    last year items

    As the accounts haven't been finalised yet, it would appear to be best to adjust the last years draft accounts.<BR><BR>The other thing to consider is if they are material enough.If you need any more help please come back and ask.<BR><BR>Best regards<BR><BR>Roy

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