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Vouching of Telephone Expenses
Vouching of Telephone Expenses
Auditing
Ronald A. Irish
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MBA (Banking & Finance)
Auditing
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MBA (Banking & Finance)
Auditing
2. Correct Allocation
3. Arrangement of Vouchers
The auditor must very carefully check the vouchers in the company
under audit are arranged in the same order as the entries are made in the
books of accounts.
4. Proper Authorization
5. Agreement of Accounts
This technique states the fact that the amount stated on the
vouchers must be written in both words and figures.
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MBA (Banking & Finance)
Auditing
7. Arithmetical Accuracy
8. Revenue Stamp
11. Stamping
12. Observations
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MBA (Banking & Finance)
Auditing
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MBA (Banking & Finance)
Auditing
For example, if the company buys raw material, the auditor has to
see an evidence of the purchase by collecting the receipt of the purchase
so that he can continue making a balance sheet or a list of assets. The
information that the auditor collects has to be accurate and precise.
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MBA (Banking & Finance)
Auditing
Produce savings:
Investigate your telecommunications bills and bring you bill analysis and
expert solutions for cost reductions.
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MBA (Banking & Finance)
Auditing
error and how quickly we can recover your losses and obtain the refunds
you are due. Our clients enjoy quick budget reductions and telephone bill
tariff clean up. This reduces your telecom budget and helps you manage
and maintain cleaner telecom records with the use of our telecom
software given with each audit.
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MBA (Banking & Finance)
Auditing
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MBA (Banking & Finance)
Auditing
Recommendation
• A telecom consultant should reduce your telecom expense without
carrier changes
• Research the telecom consultant by contacting references
• Make sure you are in control of the audit and give permission for any
changes
• A good telecom auditor will want to place the approved orders for
you, to ensure your bills reflect their findings.
• Demand proof of savings in the form of before and after bills, before
paying for any telecom services.
Conclusion
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MBA (Banking & Finance)
Auditing
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