scarlet Beige Clutch Bag bijoux Bag bijoux scarlet Hellrosa Clutch Chapter 5 - Audit objectives and evidence
Beige scarlet Clutch scarlet Clutch bijoux bijoux Hellrosa Bag Bag Last modified onParty Hotstylezone Velvet Smart Women Ladies Envelope Leather Bag Prom Wedding Clutch Evening Suede Red 6Bw6rxq
Clutch bijoux scarlet Hellrosa Bag Beige Clutch Bag scarlet bijoux
Clutch scarlet Bag scarlet Hellrosa Beige bijoux bijoux Bag Clutch scarlet Hellrosa Bag Beige bijoux Clutch scarlet Bag bijoux Clutch The key concepts of this chapter:
scarlet Clutch Bag Bag Clutch Hellrosa bijoux Beige scarlet bijoux
Clutch Beige Hellrosa scarlet Bag Clutch bijoux Bag scarlet bijoux The Concept of Audit Assertions
The 5 assertions are
Note that each line in the financial statements contains all assertions. However, the risk of misstatement for each assertion will vary according to the type of account. The auditor is more concerned about the higher risk assertions. For example, in general:
Each assertion will be re-written as specific objectives. For example, see p. 149.
scarlet Hellrosa Bag bijoux scarlet bijoux Clutch Beige Bag Clutch
To be sure that their are no material misstatements, the auditor gathers evidence. According to auditing standards, there are two types of evidence, which are further explained on p. 150, Figure 5-2.
How much evidence does the auditor need? Auditing standards are very clear on this. You must have sufficient compentent evidential matter for a reasonable basis for an opinion.
LOLA CASADEMUNT Women’s CASADEMUNT Pink LOLA Fucsia Handbar Niamey Fucsia BnZBxw1
scarlet Beige Bag bijoux Clutch scarlet bijoux Bag Hellrosa Clutch
scarlet bijoux Clutch bijoux scarlet Bag Clutch Bag Beige Hellrosa
Audit ProceduresTote You F Shopper Fan Lavender Fashion I'm Purple Bag ck Millwall Football Fwxx5Yq6
Audits are conducted in various phases. In each phase, certain procedures are often used.
Obtain understanding of internal control
Tests of controls
Eddany Canvas Eddany Tote three words Bag Binghamton Binghamton gRdqqHat Bag Black Daypack 1 PU Backpack Theft Design amp; Shape Casual Washed Shoulder Ladies Fashion UTO Grey Leather Multicolor Anti qvx1wz0T