AUDIT VERIFICATION – RECEIVABLES AND CASH & BANK
AUDIT VERIFICATION – RECEIVABLES AND CASH & BANK CHAPTER OBJECTIVE 1. THE AUDIT OF RECEIVABLES 2. THE AUDIT OF BANK
Continue readingAUDIT VERIFICATION – RECEIVABLES AND CASH & BANK CHAPTER OBJECTIVE 1. THE AUDIT OF RECEIVABLES 2. THE AUDIT OF BANK
Continue readingAUDIT VERIFICATION – LIABILITIES CHAPTER OBJECTIVE 1. LIABILITIES 2. TRADE PAYABLES –SUBSTANTIVE PROCEDURE 3. OVERDRAFTS AND LONG-TERM BANK LOANS 4. ACCRUALS
Continue readingCOMPUTERS IN AUDIT CHAPTER OBJECTIVE 1. THE USE OF COMPUTERS IN MANAGING THE AUDIT 2. INTERNAL CONTROL IN COMPUTER-BASED SYSTEMS
Continue readingAUDIT- THE FINAL REVIEW STAGE CHAPTER OBJECTIVE 1. THE OVERALL REVIEW OF THE FINANCIAL STATEMENTS 2. THE GOING CONCERN REVIEW
Continue readingTHE AUDIT REPORT LEARNING OBJECTIVES 1. FORMAL AUDIT REPORT 2. THE UNMODIFIED AUDIT REPORT 3. THE MODIFIED AUDIT REPORT 4.
Continue readingTHE AUDITOR’S LIABILITY CHAPTER OBJECTIVE 1. NEGLIGENCE 2. LIABILITY IN TORT 3. QUALITY CONTROL 1. NEGLIGENCE Negligence is some act
Continue readingProfitability Index (PI) for Mutually Exclusive Project Mutually exclusive project is different from independent project. For mutually exclusive project, we
Continue readingPROFITABILITY INDEX (PI) FOR INDEPENDENT PROJECT Company may have some projects to make decision invest or not. The independent project
Continue readingPROFITABILITY INDEX (PI) Profitability index (PI) is the present value of an investment’s future cash flows divided by its initial
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