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Suspense Account Review
Suspense-Account-Review-Accounting-Template
 
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Product Code: SOP V-SD-268
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Use this to review suspended accounts.  The underlying cause for significant suspense items is investigated, assessed, and appropriately resolved.  Appropriate changes to the financial-reporting process are made to address the underlying cause for significant suspense items.  Evidence of the review is stored in the month-end close binder.

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