When auditing the prepaid insurance account, which of the following procedures would generally not be performed by
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When auditing the prepaid insurance account, which of the following procedures would generally not be performed by the auditor?
a. Re compute the portion of the premium that expired during the year.
b. Prepare excerpts of insurance policies for audit working papers.
c. Confirm premium rates with an independent insurance broker.
d. Examine support for premium payments.
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Related Book For
Auditing An Assertions Approach
ISBN: 9780471134213
7th Edition
Authors: G. William Glezen, Donald H. Taylor
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