Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
mmaruska mmaruska
wrote...
Go to Answer
Posts: 137
Rep: 0 0
A year ago
When the auditor believes the year-end bank reconciliation may be intentionally misstated, it is appropriate to perform extended tests of the year-end bank reconciliation. Assuming the client has an October 31 year-end, these extended tests would not include

▸ comparing all September 30 reconciling items with canceled checks and other documents in the October bank statement.

▸ comparing all canceled checks and deposit slips in the October bank statement with the October cash disbursements and receipts records.

▸ carrying out all proper procedures subsequent to the end of the year with the use of the bank cutoff statement.

▸ determining that all outstanding checks had cleared by the date of the bank cutoff statement.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
Read 31 times
1 Reply
Replies
Answer verified by a subject expert
wardasidwardasid
wrote...
#1
Posts: 140
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

mmaruska Author
wrote...

A year ago
You make an excellent tutor!
aricketts6@
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
paulinaibarra98
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1126 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1171
  
 358
  
 1462
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: Do you trust social media networks with protecting your privacy?