You are completing the audit of Curzon Pty Ltd. You read a note in the file from
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Question:
You are completing the audit of Curzon Pty Ltd. You read a note in the file from your assistant, Joe Burns, which states, "I selected a sample of 20 entries in the Sales Journal and vouched them to the supporting documentation (corresponding Shipping Order and Sales Order). I found no errors, so concluded that the controls over the occurrence assertion for sales were effective".
REQUIRED: Is Joe justified in forming the conclusion that he did? Give the reason for your answer.
Related Book For
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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