Академический Документы
Профессиональный Документы
Культура Документы
Discuss Substantive Testing of Cash Balances (Continued) Independent bank reconciliation Bank cutoff statement Bank confirmation Obtaining year-end cutoff information
The schedule is footed to determine mathematical accuracy Auditor verifies cost or sales price by examining broker's advices Auditor recalculates gains/losses on disposal of securities
Comment on Management Control Considerations for Companies that use Financial Instruments
Identify the risk management objectives Understand the product Understand the accounting and tax ramifications Develop corporate policies and procedures Monitor and evaluate results Understand the credit risk Control collateral when risk is not acceptable