Bank reconciliation doesn’t end when the numbers match.
In fact, one of the most important—and often overlooked—steps comes after reconciliation is completed:
Review.
For SMEs, the question isn’t whether reconciliation should be reviewed.
It’s who should review it, and what each role is responsible for.
Clear roles reduce errors, strengthen controls, and build confidence in financial data—without adding unnecessary complexity.
Reconciliation ensures transactions align.
Review ensures they align for the right reasons.
Without proper review:
Review is not about distrust.
It’s about accountability and assurance.
A basic accounting control principle applies here:
The person who prepares reconciliation should not be the only person who reviews it.
For small teams, full separation isn’t always possible—but role clarity still is.
Even lightweight review significantly reduces risk.
Depending on company size, one person may hold multiple roles—but the responsibilities should remain distinct.
Primary responsibility:
Prepare the reconciliation accurately and completely.
Typical tasks:
What the preparer should not do alone:
Primary responsibility:
Validate logic, completeness, and reasonableness.
Review focus areas:
The reviewer doesn’t re-do the work.
They check whether the work makes sense.
Primary responsibility:
Provide oversight and accountability.
This role focuses on:
Approvers don’t review line by line—but they confirm that controls are working and exceptions are understood.
For many SMEs, this step alone dramatically improves financial confidence.
The structure scales—but the principle stays the same.
Effective review isn’t about checking every transaction.
It focuses on:
This keeps review efficient without weakening controls.
Automated and AI-assisted reconciliation reduces preparation effort—but review still matters.
Modern systems:
At ccMonet, reconciliation is designed so reviewers spend time on judgment—not mechanical checking.
Automation shifts what is reviewed, not whether review happens.
Even lightweight review is better than none.
Clarity matters more than headcount.
Focus where risk lives.
This strengthens internal controls and audit readiness.
Good tools make review faster and more meaningful.
Solutions like ccMonet are built to support structured preparation, clear review, and confident approval.
Yes. Even simple review significantly reduces errors and improves confidence in financial data.
Ideally no—but in very small teams, founder-level review helps provide oversight.
Typically monthly for formal sign-off, with ongoing review of exceptions if reconciliation runs continuously.
ccMonet provides clear visibility into matched and unmatched transactions, audit trails, and expert support—making review more efficient and reliable.
Learn more at https://www.ccmonet.ai/.
Good bank reconciliation isn’t just about matching numbers.
It’s about knowing who checked, who understood, and who took responsibility.
When roles are clear, confidence follows.
👉 Discover how ccMonet supports accurate, review-ready bank reconciliation at https://www.ccmonet.ai/.
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