Topic: audit procedures
　　Content:
　　simulation考了一道audit procedure选择，是关于test AR的各种assertion的
　　考点解析：
　　AR assertions:
　　Existence: confirmation, vouching (to sales order, shipping document, invoice), verify authorization
　　Completeness: tracing (from sales order, shipping document, invoice)
　　Right and obligation: inquiry (factoring), inspect (confirmation response, loan agreement, minutes of meetings)
　　Accuracy: footing and cross-footing, recalculate bad debt expense,  inspect authorization and approves of bad debt written-off
　　Sample Question：
　　Confirmation is most likely to be a relevant form of evidence with regard to assertions about accounts receivable when the auditor has concerns about the receivables’
　　A. Valuation.
　　B. Classification.
　　C. Existence.
　　D. Completeness.

 USCPA官方微信
扫一扫微信，*9时间获取USCPA考试时间提醒，体验全新备考方式
 
高顿网校特别提醒：已经报名2014年USCPA 考试的考生可按照复习计划有效进行！另外，高顿网校2013年USCPA考试辅导高清课程已经开通，通过针对性地讲解、训练、答疑、模考，对学习过程进行全程跟踪、分析、指导，可以帮助考生全面提升备考效果。
 
　　报考指南：2014年USCPA报考指南 
　　考前冲刺：USCPA 考试试题   考试辅导
　　高清网课：USCPA网络课程
 
展开全文