Name Three Types of Documents Which Auditors Commonly Use to Obtain

question 65

Essay

Name three types of documents which auditors commonly use to obtain and to document their understanding in the audit working paper of the design of internal controls.

Comprehend the structure and necessity of subsidiary and general ledgers in the accounting process.

Identify the principles guiding the design and operation of accounting information systems.

Understand the principles of internal control within accounting information systems.

Familiarize with the procedures and journals involved in sales transactions under different inventory systems.