Audit Procedure UNIT 3
Audit Procedure UNIT 3
Audit Procedure UNIT 3
UNIT : 3
Vouching
All the transactions which are connected with the business have been
recorded in the books of accounts properly.
To verify that all transactions recorded in the books of accounts are
supported by documentary evidence.
The vouchers which support the entries are legally valid from the
view point that they are authentic, addressed to the business and
properly dated.
To verify that no fraud or error has been committed while recording
the transaction in books of accounts.
The vouchers have been processed carefully through various
Loans
Bills receivable
Sale of Investment