1. Define what a bank reconciliation is.
2. What are the characteristics of a bank reconciliation?
3. Describes the different functions of a bank reconciliation
4. Describes the steps to do a bank reconciliation in the Sage 50 (Peachtree) program.
5. Account reconciliation is an important task for many CPAs working in businesses and industries. While it may already be a familiar task, there is always room for improvement. Discuss and explain to your understanding which would be the best practices to improve a bank reconciliation.

Include references please, to know where to look for more information, Thanks!