Topic 9 Audit Of Purchase And Cost Cycle + Acc Payables Pptx
For every misstatement, state a substantive audit procedure that might uncover it. The following questions concern internal controls and accumulating proof within the acquisition and fee cycle. In assessing management risk for purchases, an auditor vouches a sample of entries within the voucher register to the supporting paperwork. (1) Completeness(2) Occurrence(3) Valuation and allocation(4) Rights […]