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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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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