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tweb28 tweb28
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A year ago
When designing tests of details of balances, an important point to remember is

▸ auditors emphasize income statement accounts.

▸ the audit procedures selected depends heavily on whether planned evidence for a given objective is low, medium, or high.

▸ if accounts receivable are overstated, then sales will be understated.

▸ sales cutoff is the most important test of details of accounts receivable.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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hfrankoshfrankos
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A year ago
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tweb28 Author
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A year ago
Smart ... Thanks!
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Brilliant
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