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andi
They are fundamental principles assumed to be truths which help to explain the social purpose of Auditing and / or audit practice.
Vouching has several different meanings depending on how you are using the word. The main definition of vouching is to confirm something is true.
The main difference between vouching and routine checking is that vouching requires personal knowledge of a person or thing. When someone is "vouched" for by someone else, the person who is vouching is using their good name as a guarantee.
What_is_the_difference_between_vouching_and_verification_of_assets_and_liabilities
Normally, entries in the books of accounts are made on the basis of documentary evidence such as bills, receipt, cheque, pay-in-slip and so on. such documentary evidence is called as voucher. The act of examining such vouchers is known as vouching.
Identify and explain the problems that are associated with cooperative auditing in Nigeria
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andi
They are fundamental principles assumed to be truths which help to explain the social purpose of Auditing and / or audit practice.
objects and types of vouching
Vouching has several different meanings depending on how you are using the word. The main definition of vouching is to confirm something is true.
vouching is the backbone of the audting because with the help of vouching all errors and frauds can be detected so that is very useful in this sense
The main difference between vouching and routine checking is that vouching requires personal knowledge of a person or thing. When someone is "vouched" for by someone else, the person who is vouching is using their good name as a guarantee.
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Auditing investigates account details, bookkeeping methods, procedures, and practices. If any irregularities or suspicious situations are noted an investigation may be recommended.
it means to guarantee to agree on i vouch for that