Assertions about Classes of Transactions and Events (Auditing)
25.8 هزار بار بازدید -
4 سال پیش
-
A company's management makes several
A company's management makes several assertions about the transactions and event that took place during the fiscal period. It is the job of the external auditor to evaluate these assertions:
1. Occurrence (did the transactions that were recorded actually occur?)
2. Completeness (were all of the transactions that should have been recorded actually recorded?)
3. Authorization (were all the transactions properly authorized?)
4. Accuracy (were the amounts recorded correctly?)
5. Cutoff (were the transactions recorded in the correct accounting period?)
6. Classification (were transactions recorded in the proper accounts?)
7. Presentation (were the transactions appropriately aggregated or disaggregated and clearly described? Are the disclosures relevant and understandable?)
—
Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD.
Edspira’s mission is to make a high-quality business education accessible to all people.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS & OTHER FREE GUIDES
* http://eepurl.com/dIaa5z
—
MICHAEL’S STORY
* https://www.edspira.com/about/
—
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast...
* Spotify: https://open.spotify.com/show/4WaNTqV...
* Website: https://www.edspira.com/podcast-2/
—
CONNECT WITH EDSPIRA
* Website: https://www.edspira.com
* Instagram: Instagram: edspiradotcom
* LinkedIn: LinkedIn: edspira
* Facebook: Facebook: Edspira
* Reddit: Reddit: edspira
*TikTok: TikTok: edspira
—
CONNECT WITH MICHAEL
* LinkedIn: LinkedIn: prof-michael-mclaughlin
* Twitter: Twitter: Prof_McLaughlin
* Instagram: Instagram: prof_mclaughlin
* Snapchat: Snapchat: prof_mclaughlin
*TikTok: TikTok: prof_mclaughlin
—
HIRE MCLAUGHLIN CPA
* Website: http://www.MichaelMcLaughlin.com/hire-me
1. Occurrence (did the transactions that were recorded actually occur?)
2. Completeness (were all of the transactions that should have been recorded actually recorded?)
3. Authorization (were all the transactions properly authorized?)
4. Accuracy (were the amounts recorded correctly?)
5. Cutoff (were the transactions recorded in the correct accounting period?)
6. Classification (were transactions recorded in the proper accounts?)
7. Presentation (were the transactions appropriately aggregated or disaggregated and clearly described? Are the disclosures relevant and understandable?)
—
Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD.
Edspira’s mission is to make a high-quality business education accessible to all people.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS & OTHER FREE GUIDES
* http://eepurl.com/dIaa5z
—
MICHAEL’S STORY
* https://www.edspira.com/about/
—
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast...
* Spotify: https://open.spotify.com/show/4WaNTqV...
* Website: https://www.edspira.com/podcast-2/
—
CONNECT WITH EDSPIRA
* Website: https://www.edspira.com
* Instagram: Instagram: edspiradotcom
* LinkedIn: LinkedIn: edspira
* Facebook: Facebook: Edspira
* Reddit: Reddit: edspira
*TikTok: TikTok: edspira
—
CONNECT WITH MICHAEL
* LinkedIn: LinkedIn: prof-michael-mclaughlin
* Twitter: Twitter: Prof_McLaughlin
* Instagram: Instagram: prof_mclaughlin
* Snapchat: Snapchat: prof_mclaughlin
*TikTok: TikTok: prof_mclaughlin
—
HIRE MCLAUGHLIN CPA
* Website: http://www.MichaelMcLaughlin.com/hire-me
4 سال پیش
در تاریخ 1399/06/05 منتشر شده
است.
25,866
بـار بازدید شده