The audit program for the Revenue account for a client has been drafted. The following item appears:

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The audit program for the Revenue account for a client has been drafted. The following item appears: 

DETAILED AUDIT PROCEDURE Select a sample of sales invoices recorded a few days prior to the year end and then agree date


Required 

(a) Does the procedure address the stated assertion? Explain. 

(b) If your answer to (a) is no, provide the correct assertion or explain what work would be required to address the assertion. 

(c) Explain what type of evidence is obtained by performing the stated procedure. How persuasive is it?

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Related Book For  book-img-for-question

Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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