This document provides content, performance, and learning standards for teaching about bank reconciliation statements. It will introduce learners to the nature of reconciliation statements, common reconciling items, and how to analyze their effects. The lesson motivates learners by reviewing basic bank documents and transactions, then discusses the nature of reconciliation statements. Specifically, it explains that reconciliation is needed because a company's bank balance may differ from the bank's statement due to timing lags in recording transactions or other discrepancies.