Other - Failing to conduct and/or document monthly reconciliations on a written worksheet to ensure the agreement of the general ledger balance, reconciled bank balance, and individual ledger totals. Failing to maintain the general ledger, individual ledgers
Reprimand,
$750 Civil Penalty,
CPA Audit, and
8 Hr Iowa Real Estate Trust Account class.
Failing to conduct and/or document monthly reconciliations on a written worksheet to ensure the agreement of the general ledger balance, reconciled bank balance, and individual ledger totals.
Failing to maintain the general ledger, individual ledgers, and bank reconciliation to reflect accurate current balances.
