Trending Anomaly Detection Discussions

Do you think that a suspense account is a method of detecting errors? Why ?‎

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What are the most latest techniques with which we can detect or monitor Gas leakage?‎

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Answer added by  Habeeb Olakitan, Corporate Strategy Manager, UAC of Nigeria Plc
6 years ago

Suspense account in  itself does not serve to detect errors. Suspense account only assist  an accountant to warehouse observed errors or imbalance in the books pending wh ... See More

 

Answer added by  Mohamed matar, Finance Manager, ASG Group
8 years ago

Agreed with the answer professor frank-mwansa

 

Answer added by  Frank Mwansa, ACCOUNTING LECTURER, FREELANCER
8 years ago

 A suspense account is a temporary resting place for an entry that will end up somewhere else once its final destination is determined.   The are two reasons why a suspen ... See More

 

Answer added by  govind seejwani, Operation Manager, Habib Bank Ltd
8 years ago

Actually some times a customers make a mistake to write mismatched the account number and figures and or in words so the authority keep those account in a Suspense Accoun ... See More