Principles of Auditing & Other Assurance Services (Irwin Accounting)
Principles of Auditing & Other Assurance Services (Irwin Accounting)
20th Edition
ISBN: 9780077729141
Author: Ray Whittington, Kurt Pany
Publisher: McGraw-Hill Education
Question
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Chapter 10, Problem 46P

a.

To determine

Prepare a working paper comparison of:

(1) Total of returned checks or outstanding checks

(2) Total per client’s records of checks outstanding at December 31 plus checks issued from January 1–14.

b.

To determine

Suggest four possible explanations for the situation disclosed in the audit paper. Provide desirable actions in each case.

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Chapter 10 Solutions

Principles of Auditing & Other Assurance Services (Irwin Accounting)

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