What should I do if I find discrepancies in my financial statements?
An example of an AI chatbot conversation about financial discrepancies and how to address them.
What should I do if I find discrepancies in my financial statements?
First, review the statements carefully to identify the discrepancies. Can you specify what you found?
I noticed that my bank statement shows a different balance than my accounting records.
It's important to reconcile those records. Check for any missing transactions or errors in data entry.
I found a transaction that I didn't authorize. What should I do next?
You should contact your bank immediately to report the unauthorized transaction and dispute it.
How can I prevent this from happening in the future?
Regularly review your financial statements and set up alerts for transactions to catch discrepancies early.
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