Final Exam Word List (11 13 14 16 21)

Final Exam Word List (11 13 14 16 21) - Allowance for...

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Final Exam Word List Types of audit tests Procedures to gain an understanding of the client and internal control structure Tests of controls Substantive tests Analytical procedures Substantive tests of details Substantive tests of details of transactions Substantive tests of details of balances Sales order Shipping document Bill of lading Sales journal A/R master file Deposit slip Remittance advice Monthly statements Sales returns Credit memo Prenumbered documents Vouching Tracing Existence/occurrence Completeness Valuation Presentation and disclosure Rights and obligations Confirmation Analytical procedures A/R turnover ratio
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Unformatted text preview: Allowance for doubtful accounts Aging analysis Inventory observation Spet Independent warehouse Independence Competence Inventory turnover ratio Cut-off testing Positive confirmation Negative confirmation Blind (or blank) confirmation Follow-up testing for confirmations Procedures to gain an understanding of client and ICS Tests of controls Substantive tests Analytical procedures Substantive tests of details of transactions Substantive tests of details of balances Acceptable audit risk Inherent risk Control risk Planned detection risk Evidence mix...
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Final Exam Word List (11 13 14 16 21) - Allowance for...

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