Identification:

1. Misstatement: Recorded sales did not occur

Accounts affected: _______________________

2. Misstatement: Consignment recorded as sale

Documents or records to examine:____________________

3. Audit Objective: To ensure all shipments are billed

Documents to examine: ____________________

4. Procedure: Review proper account coding in the journals

Assertion supported: _____________________

5. Audit Objective: Ensure all purchases recorded are for goods actually received

Direction of testing: (From or To) documents (from or to) records