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Other Fields Homework Help Accounting Topic started by: sunnisam on Aug 1, 2022



Title: When performing a proof of cash receipts, the auditor will test if the total cash receipts recorded ...
Post by: sunnisam on Aug 1, 2022
When performing a proof of cash receipts, the auditor will test if the total cash receipts recorded in the cash receipts journal for a given period agree with the actual deposits made to the respective bank account for the same period. A difference found during this test generally signals to the auditor a potential weakness in internal controls.

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Title: When performing a proof of cash receipts, the auditor will test if the total cash receipts recorded ...
Post by: Ignesias on Aug 1, 2022
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