Question
ACCT4281- Auditing 2 One of the commonly used substantive tests for cash balances is to verify bank reconciliations performed by the entity. a) Name the
ACCT4281- Auditing 2
One of the commonly used substantive tests for cash balances is to verify bank reconciliations
performed by the entity.
a) Name the first steps in verifying the bank reconciliation.
b) Are there circumstances under which auditors might perform the bank reconciliation for
themselves? Explain.
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College Accounting Chapters 1-15
Authors: James A Heintz, Robert W Parry
19th Edition
0324376162, 978-0324376166
