check

Check

A Check is a document that is used to verify the accuracy of financial records. It is used in auditing to ensure that the financial records are correct and complete.

  • Checks are used to verify the accuracy of financial records by comparing the information on the check to the information in the financial records.
  • Checks are also used to verify the completeness of financial records by ensuring that all transactions have been recorded.
  • Checks are an important part of the auditing process and help to ensure that the financial records are reliable.

Routine Checking – Merits and Demerits

We have already discussed the purpose and objectives of Routine Checking. In this article, we will go through some merits and demerits of Routine Checking. Purpose of Routine Checking Making totals and sub-totals of primary books of accounts, carrying them forward to the next page, and calculating the balances and their checking. Checking of the […]

Routine Checking – Merits and Demerits Read More »

Routine Checking – Purpose and Objectives

Routine Checking Whether a business is big or small, the record of its daily transactions is kept in the books of accounts. The daily checking of these books of accounts under audit is called Routine Checking. Usually, this work is done by the junior staff of the auditor. Merits and Demerits of Routine Checking are

Routine Checking – Purpose and Objectives Read More »