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can you explain how to do the substantive test about the key assertion of the following risky account, and how to do the audit procedures.
can you explain how to do the substantive test about the key assertion of the following risky account, and how to do the audit procedures.
- sales revenue: occurrence, cut-off,accuracy,completeness and classification
- accounts receivable: existence, valuation and allocation
- cash: existence, valuation and allocation
- PPE: existence, valuation and allocation
- Inventory: existence, valuation and allocation
- Accounts payable
- Expense
- Debts(loan)
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