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Audit Program Hire Purchase and Leases (Contoh)
Audit Program Hire Purchase and Leases (Contoh)
Accounting period :
AUDIT OBJECTIVES
To gather appropriate audit evidence sufficient enough to form an opinion whether the balances as stated in
the balance sheet:-
3. The balance included are accurate as to the valuation, presentation and adequately disclosed.
5. Addition
(a) Agree additions during the year to Hire Purchase/Finance Lease
agreement and cross examine to property, plant and equipment section.
(b) Agree to the Directors' resolution. (Note: Review the directors' resolutions
to ensure that all hire purchase/finance lease liabilities are accounted
for in the financial statements.)
(c) If sum of digit method is used, prepare repayment schedule using our
standard template and ensure the balance and interest charge is correct.
-1-
6. Agree payments during the year to payment records and official receipt from
the financial institution.
(b) Ensure that related principal and interest-in-suspense are eliminated from
the accounts.
Reviewed by : Date :
-2-
Q2
AU / Q2 / 1
BLES
alances as stated in
DATE W/P
REF.
Q2
AU / Q2 / 1
DATE W/P
REF.