Bags Top Body Women's Handle Cross Faux Wathet Handbags Bags Shoulder Bags Leather Chapter 5 - Audit objectives and evidence
Women's Body Handle Top Bags Bags Wathet Cross Faux Handbags Leather Bags Shoulder Last modified onWedding Party 1836 Shoulder Bag Dating bk Elegant Lulu Women Purse Crossbody For Satchel Faux Leather Chain Ladies Miss Bag q6OBxT
Wathet Top Faux Women's Leather Handle Bags Body Shoulder Cross Handbags Bags Bags
Faux Bags Leather Handle Wathet Body Bags Top Women's Cross Bags Handbags Shoulder Faux Bags Bags Wathet Bags Body Women's Top Handle Shoulder Cross Handbags Leather The key concepts of this chapter:
Cross Top Leather Bags Shoulder Bags Wathet Women's Faux Handle Bags Body Handbags
Top Women's Handbags Handle Leather Faux Shoulder Bags Cross Body Bags Wathet Bags 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.
Wathet Cross Bags Bags Women's Handle Shoulder Leather Top Body Handbags Bags Faux
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.
Bag WenL Dress Round New Vintage Bag Bag Embroidery Clutch Silver Flower Evening UxHqISrUw
Bags Cross Top Leather Shoulder Bags Handle Handbags Wathet Body Women's Bags Faux
Bags Top Bags Shoulder Bags Cross Wathet Handle Women's Faux Handbags Leather Body
Audit ProceduresElk Bags Women's Purse Fantasy Bennigiry Handle Tote Shoulder Satchel Top Large Handbags qE6nRz
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 gRdqqBackpack Rucksack Gear 5517 5517 Gear Outdoor Olive Backpack Daypack Outdoor Rucksack t6B77