Required information Audit Objectives for Cash 3 Read the overview below and complete the activities that follow. Auditors are concerned with assertions in creating their audit steps. When creating and tailoring audit steps, auditors must keep the assertions and objectives in mind Part 1 of 2 CONCEPT REVIEW: A well-designed substantive portion of an audit includes all necessary assertions. When designing procedures, auditors must be mindful that they have included all objectives in their substantive procedures. 7.5 points eBook Obtain analyses ofMatch each substantive procedure relative to cash listed with its corresponding audit objective or assertion cash balances and reconcile them to the general ledger Print Verify the client's cutoff of cash transactions Existence, occurrence, accuracy, cutoff, and rights Cutoff, existence, occurrence, rights, and completeness Existence and accuracy Presentation and disclosure Confirm cash balances with financial institutions Analyze bank transfers occurring at year-end Investigate payments to related parties Count cash on hand