Discuss that procedure which should be adopted by the auditor to verify the share capital or As an auditor how will you verify the share capital of newly established firm
Explain the term verification and discuss the main techniques and objects of verification and Difference between vouching and verification
Discuss the main advantages of verification or Discuss the role of verification to the business
Define the term verification and explain the procedure of verification
How will you vouch the following, 1. Commission paid 2. Commission received 3. Payments to creditors 4. Bank account
How will you vouch the bill receivable book and bills payable book
How will you vouch the following, 1.Insurance premiums 2. Sales of investment 3. Directors fee 4. Postage 5. Rent 6. Traveling expenses of the directors
How you will vouch the cash sales and cash purchases
How you will vouch the salaries and wages
How you will vouch the purchase book and sales book
How you will vouch the dividend paid
Explain the main or various objects of vouching