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There are six different audit techniques used by auditors when gathering audit evidence. For each of the following procedures, identify the audit technique used by
There are six different audit techniques used by auditors when gathering audit evidence. For each of the following procedures, identify the audit technique used by the auditor
- Count inventory items and record the amount in the audit working papers.
- Obtain a letter from the auditee's lawyer to the public accounting firm stating the details of any outstanding litigations.
- Obtain information about the system of internal controls by asking the client to fill out a questionnaire.
- Add sales journal entries to make sure they were correctly totaled.
- Review the total of repairs and maintenance for each month to determine whether any month's total was unusually large.
- Watch employees count inventory to determine whether company procedures are being followed.
- Examine corporate minutes of directors' meetings to determine the authorization of the issue of bonds.
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