Explain the following statement (a) Vouching is the essence of auditing. (b) In vouching payments, the auditor

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Explain the following statement—

(a) ‘Vouching is the essence of auditing’.

(b) ‘In vouching payments, the auditor does not merely seek proof that money has been paid away’.

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Fundamentals Of Auditing

ISBN: 9788131728857

1st Edition

Authors: Basu

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Question Posted: Feb 04, 2024 01:00 AM

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Explain the following statement (a) Vouching is the essence of auditing. (b) In vouching payments, the auditor

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Fundamentals Of Auditing

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