AC410-01_Unit_7_Project_HallHawkins

AC410-01_Unit_7_Project_HallHawkins - Stephanie HallHawkins...

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Stephanie HallHawkins AC 410-01 Unit 7 Project 12-42 1. The auditor should confirm both bank balances. He needs to get copies of the bank statements and he should compare them to the bank balances. 2. The auditor needs to verify that the deposits were credited properly. 3. The auditor needs to verify that the deposits were credited properly. 4. Since Bank A didn’t have any deposits on Dec. 29 the auditor will want to verify that any sales that did take place that day were debited properly. If they were then the money in Bank A is an error and the bank should be notified. Also Bank B is showing $100 error that needs to be adjusted for properly. 5. In this case the client should find out what this charge is for from the bank. 6. The auditor needs to find out why this cash transfer has not yet been recorded. 7. The Bank B service charge should be verified and the auditor should find out why there is no service charge for Bank A. 8. The auditor needs to learn why the charge backs for stolen cards have not been
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AC410-01_Unit_7_Project_HallHawkins - Stephanie HallHawkins...

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