Identify the main objectives the auditor is testing when confirming an account balance and the main types

Question:

Identify the main objectives the auditor is testing when confirming an account balance and the main types of procedure that may be used in audit tests. Devise examples of actual tests for specific account balances

(e.g. stocks, debtors, tangible fixed assets, sales turnover, payroll expenditure)

and how they would meet desired audit objectives.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Current Issues In Auditing

ISBN: 9781853963650

3rd Edition

Authors: Michael J Sherer, W Stuart Turley

Question Posted: