how will u check the account receivables and cash balances
while doing audit
- 3 Answers
- 7158 Views
- Price Waterhouse Coopers, I also Faced
- E-Mail Answers
Answer Posted / shubha
Cash balance should be checked by physical verification. If
it is not feasible physical verification should be carried
out on a surprise basis any time shortly before or after the
balance sheet date. Surprise verification should also be
carried out.
| Is This Answer Correct ? | 11 Yes | 2 No |
Post New Answer View All Answers
what percent of wages calculate from sales of a firm (registered under manufacturing of machinery spares) sales (appr)- RS.10000000/-
What sort of image do you have?
What are the reasons for getting audited?
What is final audit?
What are the importance of internal audit to the organization?
Audit strategy based
How do you feel u contributed to its effectiveness?
which type audit for your company account
vat on liquor vat on food ? vat on bevrages ? vat on tobaco? vat on gold?
purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details
What are objectives of internal audit?
while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?
What are documents need to vouch while doing sales vauching?
Explain intangible assets?
