Examlex
An example of an analytical procedure performed by the auditor includes an inventory pricing test which may identify the need for special care while performing substantive audit procedures on the inventory account balance.
GST Inclusive
A pricing format where the price of goods and services includes the Goods and Services Tax (GST) charged.
Free Upgrades
Complimentary enhancements or versions of a software or product provided to customers who have purchased an earlier version.
Accounting Software
Computer programs that assist bookkeepers and accountants in recording and reporting a firm's financial transactions.
Relative Fair Value
A method of allocating the total purchase price in a business combination to the acquired assets and liabilities based on their fair values.
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