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Verification of Assets
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What is Verification in Audit Context?
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78. What is Verification in Audit Context
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Difference between Verification and Vouching
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79.Difference between Verification and Vouching
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Objectives of Verification
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80.Objectives of Verification
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Verification of Building
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81.Verification of Building
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Verification of Freehold land
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82.Verification of Freehold land
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Verification of Leasehold Property
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83.Verification of Leasehold Property (1)
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Verification of Plant and Machinery
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84.Verification of Plant and Machinery
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Verification of Furniture and Fixture
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85.Verification of Furniture and Fixture
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Verification of Small Tools
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86.Verification of Small Tools
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Verification of Patents
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87.Verification of Patents
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Verification of Copy Right, Trade Mark and Goodwill
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88.Verification of Copy Right, Trade Mark and Goodwill
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Verification of Debtors
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89.Verification of Debtors
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Verfication of Cash at Bank and in Hand
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90.Verfication of Cash at Bank and in Hand
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Verification of Petty Cash
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91.Verification of Petty Cash
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Verification of Inventories
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92.Verification of Inventories
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Verification of Stocks Lying with Third Parties
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93.Verification of Stocks Lying with Third Parties
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Verification of Bills Receivables
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94.Verification of Bills Receivables
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Verification of Prepaid Expenses
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95.Verification of Prepaid Expenses
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Verification of Sinking Fund Policies
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96.Verification of Sinking Fund Policies
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Capital Expenditure and Revenue Expenditure
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97.Capital Expenditure and Revenue Expenditure
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What is Depreciation
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98.What is Depreciation
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Purpose of Providing Depreciation
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99.Purpose of Providing Depreciation
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Depreciation on Wasting Assets
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100.Depreciation on Wasting Assets
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Methods of Providing Depreciation
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101.Methods of Providing Depreciation
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Factors to be considered in Selecting Depreciation Policy
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102.Factors to be considered in Selecting Depreciation Policy
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Verification of Liabilities
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Verification of Loans and Borrowings
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103
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Verification of Trade Creditors
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104
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Verification of Contingent Liability
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105
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Verification of Bills Payable
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106
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Verification of Amount due to Subsidiary Companies
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107
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Verification of Outstanding Expenses
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108
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