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Give two examples of errors which could occur when transposing information from source documents to journals. Explain what the flow-on effects of these could
Give two examples of errors which could occur when transposing information from source documents to journals. Explain what the flow-on effects of these could be if not detected immediately. Also explain how these errors may be rectified.
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1 Transposition Error This type of error involves switching digits or characters when copying numbers or text from a source document to a journal For instance writing 1234 as 1243 or debit as dibet 2 ...
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0077804770, 78025613, 77804775, 978-0078025617
