Online Course on Audit of Assets and Liabilities

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What is Verification in Audit Context? Preview
Difference between Verification and Vouching
Objectives of Verification
Verification of Building
Verification of Freehold land
Verification of Leasehold Property
Verification of Plant and Machinery
Verification of Furniture and Fixture
Verification of Small Tools
Verification of Patents
Verification of Copy Right, Trade Mark and Goodwill
Verification of Debtors
Verfication of Cash at Bank and in Hand
Verification of Petty Cash
Verification of Inventories
Verification of Stocks Lying with Third Parties
Verification of Bills Receivables
Verification of Prepaid Expenses
Verification of Sinking Fund Policies
Capital Expenditure and Revenue Expenditure
What is Depreciation
Purpose of Providing Depreciation
Depreciation on Wasting Assets
Methods of Providing Depreciation
Factors to be considered in Selecting Depreciation Policy

Verification of Loans and Borrowings
Verification of Trade Creditors
Verification of Contingent Liability
Verification of Bills Payable
Verification of Amount due to Subsidiary Companies
Verification of Outstanding Expenses