Question: Letitia Co . has a wages control account which is reconciled each month. How can the auditor test this control? For a sample of the
Letitia Co has a wages control account which is reconciled each month. How can the auditor test this control?
For a sample of the reconciliations in the year,reperform the calculation to ensure accuracy
Review the reconciliations file to verify that the reconciliations were carried out each month in the year to be audited
Observe the clerk carrying out the next reconciliation whilst at the client premises
Ask the person who carried the reconciliations if they are correct
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