Testing:

1. Inspection regarding the number printed on the check

2. Check the evidence of internal verification regarding the compatibility between the summary of the daily check issuance and the check issued by the monthly Bank Reconciliation Review

3. Observation of the separation of duties between the payment approver and the signing of the check

4. ask questions about access to the vault where the checks are not yet used

5. Verify that the fixed assets recorded show the assets that actually existed at the balance sheet date

6. ask questions to the accounting department about misclassification in sales

7. Observation of cancellation of supporting documents for payment

8. Verify that the net fixed assets are appropriately valued at the balance sheet date

Requested:

a. Identification of audit procedures performed in relation to each test

b. identify audit evidence that must be collected during the audit