answersLogoWhite

0

The best way to audit entertainment expenses is to compare the receipts to the expenditures. When there is a problem you should contact the accounting department to get the details about the transaction.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What are the inherent audit risks for Qantas airline?

expenses


What is audit and the purpose of audit?

Audit is an evaluation of a certain thing or individual. This is to determine about the situation of the inventories, expenses and also to determine the check and balances.


Example of operational audit?

purchase, marketing, selling and distribution expenses, production


What percent of her expenses is spent on housing and entertainment housing is 300.00 and entertainment is 68.00?

The entertainment is 23% of your housing cost.


What percent of her expenses is spent on housing and entertainment house is 300.00 and entertainment is 68.00?

The entertainment is 23% of your housing cost.


Is audit fee is fixed or variable expenses?

Audit fees are typically considered variable expenses, as they can fluctuate based on the scope of the audit, the complexity of the financial statements, and the specific needs of the organization. While some firms may negotiate fixed fees for certain services, overall, audit costs can vary from year to year depending on different factors such as changes in regulations or the size of the company being audited.


Is audit prepaid expenses entry come in income statement?

Prepaid expenses are not part of income statements, in accrual accounting income and expenses are only shown in income statements when they are actually incurred.


What are non discretionary expenses?

transportation costs entertainment


Petty cash account details?

when we use laundry and cleaning expenses,meals and entertainment expenses,office expenses,pantry items expenses,travelling expenses etc.. what are the expenses will come each cotogories


What are 2 non-discretionary expenses?

transportation costs entertainment


What are the rules and limitations for claiming the 2018 meals and entertainment deduction on my taxes?

The rules for claiming the 2018 meals and entertainment deduction on your taxes are that you can generally deduct 50 of business-related meal expenses, but entertainment expenses are no longer deductible. There are specific requirements for documenting these expenses, so it's important to keep detailed records.


What is scoop of audit?

Do you mean "scope of the audit"?? If so, the scope of the audit is the objective...what are you trying to verify? It could be a restricted scope in that you are looking at only a few specific items or full scope where you look at everything from cradle to grave, including all incomes and expenses.