Currently, you are on the audit engagement of Hercules Management Services. They provide property maintenance services to commercial and residential buildings and almost all of their transactions are conducted on account. The audit team's preliminary assessment of control risk of the cash account is low.

You are testing the controls related to the cash account.

Bank reconciliations are done monthly, in a timely basis. But during this audit year, due to a corporate reorganization, there has been a change in the persons involved with the bank recs. The staff member performing and reviewing bank reconciliations from the first half of the year have since quit. A new staff member and a manager is now responsible for reconciling the cash account.

What techniques (audit procedure) would you use to audit bank reconciliations? Explain the technique and comment on the quality of evidence. What does it mean to have professional scepticism when inquiring staff about the bank recs?