How to Convert Crypto to GBP in the UK (Fast & Low Fees)
Selling your crypto for GBP in the UK should be simple, but between slow banks and hidden fees, i…
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How would you verify the following items, 1. Work in progress 2. Commission on shares 3. Underwriting commission 4. Contingent liabilities
VERIFICATION OF CAPITAL WORK IN PROGRESS :- Auditor should take the following steps while verifyin…
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How would you verify the following items, 1. Trade creditors 2. Loans 3. Debtors 4. Stock in trade
VERIFICATION OF TRADE CREDITORS :- Auditor shall verify the trade creditors of the following way :…
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How would you verify the following items, 1. Plant and machinery 2. Patent trade mark and copyright 3. Cash at bank 4. Cash in hand
VERIFICATION OF PLANT AND MACHINERY :- Auditor will verify the plant and machinery in the followin…
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How would you verify the following items, 1 Goodwill 2. Motor vehicles 3. Preliminary expenses 4. Work in process
VERIFICATION OF GOODWILL :- Goodwill is also an asset of the company. When any firm or company i…
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How would you verify the following items, 1. Land and building 2. Freehold land and building 3. Leasehold and land building 4. Investment
LAND AND BUILDING VERIFICATION :- In case of land and building auditor should verify the title dee…
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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
Auditor will take the following steps while checking the share capital issued in a newly establish…
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Explain the term verification and discuss the main techniques and objects of verification and Difference between vouching and verification
VERIFICATION :- It means confirmation or proving the truth about the assets and liabilities appear…
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Discuss the main advantages of verification or Discuss the role of verification to the business
ADVANTAGES OF VERIFICATION :- Following are the important advantages of verification : 1. Check …
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Define the term verification and explain the procedure of verification
VERIFICATION :- Verification means confirmation or proving the truth about the assets and liabili…
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How will you vouch the following, 1. Commission paid 2. Commission received 3. Payments to creditors 4. Bank account
1. VOUCHING OF COMMISSION PAID :- It can be vouched by the auditor in the following way : 1. Ch…
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How will you vouch the bill receivable book and bills payable book
VOUCHING OF BILL RECEIVABLE BOOK :- While vouching the bill receivable book auditor should take th…
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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
1. VOUCHING OF INSURANCE PREMIUMS :- Auditor should give importance to the following steps whil…
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