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In accounting, reconciliation is the process of ensuring that two sets of records (usually the balances of two accounts) are in agreement. It is a general practice for businesses to create their balance sheet at the end of the financial year as it denotes the state of finances for that period.
In bookkeeping, a bank reconciliation or Bank Reconciliation Statement (BRS) is the process by which the bank account balance in an entity’s books of account is reconciled to the balance reported by the financial institution in the most recent bank statement. Any difference between the two figures needs to be examined and, if appropriate ...
Reconciliation is an optional part of the annual congressional budgetary process. [6] Typically, the reconciliation process begins when the president submits a budget to Congress early in the calendar year. In response, each chamber of Congress begins a parallel budget process, starting in the Senate Budget Committee and the House Budget ...
The 2012 Fatah–Hamas Cairo Agreement was a reconciliation accord between the ruling Palestinian National Authority Fatah, and the fundamentalist organization Hamas, which currently rules over the Gaza Strip.
Reconciliation (theology), returning to faith or harmony after a conflict Reconciliation theology , political theology of how reconciliation can be brought into regions of conflict Sacrament of Penance , a sacrament of the Catholic Church also known as Reconciliation
Conflict resolution is conceptualized as the methods and processes involved in facilitating the peaceful ending of conflict and retribution.Committed group members attempt to resolve group conflicts by actively communicating information about their conflicting motives or ideologies to the rest of group (e.g., intentions; reasons for holding certain beliefs) and by engaging in collective ...
Aaron Rodgers is open to reconnecting and reconciling differences with his family, the NFL star says in his new Netflix docuseries. Rodgers, 41, and his immediate family have had a long-estranged ...
The Sacrament of Penance [a] (also commonly called the Sacrament of Reconciliation or Confession) is one of the seven sacraments of the Catholic Church (known in Eastern Christianity as sacred mysteries), in which the faithful are absolved from sins committed after baptism and reconciled with the Christian community.