if accountant miss the journal entry of outstanding
expenses. since its is a error of omission it cannot affect
the Trial Balance how we auditor find it out.
Answer Posted / sham
If an entry is miss by an accountant to enter in the books,
which can be find out on the basis of monthly booking of
the particular expense. Example, Rent is always booked on
monthly basis, if one month rent is forget to book in the
books of accounts, it can be found on the basis of monthly
booking status.
Is This Answer Correct ? | 4 Yes | 3 No |
Post New Answer View All Answers
What are the essential of internal audit?
What is CARO 2003? What do you mean by management audit?
What sort of image do you have?
What is caro 2004?
Why you want to be a auditor?
Explain the purpose of meeting in audit?
what is the steel consumption per sq ft for ground plus 12 floors
What is the mean of statutory audit?
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.
What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?
is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me
why auditors are not true and faire statement of account
How I can evaluate the internal control audit?
Why a company or firm should carry out the audit related work.
how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)