enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Petty cash - Wikipedia

    en.wikipedia.org/wiki/Petty_cash

    Oversight of petty cash [3] is important because of the potential for abuse. Examples of petty cash controls include a limit on disbursements and monthly audits by someone other than the custodian. [4] Use of petty cash is sufficiently widespread that vouchers for use in reimbursement are available at any office supply store.

  3. Management representation - Wikipedia

    en.wikipedia.org/wiki/Management_representation

    For audit evidence, it is reliable if the auditor has no other means of obtaining evidence. Examples may include situations involving contingent liabilities or off-balance-sheet liabilities . The person issuing the letter should have the appropriate authority or seniority in the organization to vouch on the issue.

  4. Financial audit - Wikipedia

    en.wikipedia.org/wiki/Financial_audit

    Costs of audit services can vary greatly dependent upon the nature of the entity, its transactions, industry, the condition of the financial records and financial statements, and the fee rates of the CPA firm. [9] [10] A commercial decision such as the setting of audit fees is handled by companies and their auditors. Directors are responsible ...

  5. These tax moves are most likely to trigger an audit - AOL

    www.aol.com/article/finance/2020/02/28/these-tax...

    But the audit rate for those earning more than $200,000 was almost 4%, and for those earning $1 million or more, the audit rate was a steep 12.5%. Consistently Reporting Losses

  6. Statements on Auditing Standards (United States) - Wikipedia

    en.wikipedia.org/wiki/Statements_on_Auditing...

    Audit Risk and Materiality in Conducting an Audit full-text: December 1983 48: The Effects of Computer Processing on the Audit of Financial Statements full-text: July 1984 49: Letters for Underwriters full-text: September 1984 50: Reports on the Application of Accounting Principles full-text: July 1986 51

  7. Generally Accepted Accounting Principles (United States)

    en.wikipedia.org/wiki/Generally_Accepted...

    Audit and Accounting Guidelines, which summarizes the accounting practices of specific industries (e.g. casinos, colleges, and airlines) and provides specific guidance on matters not addressed by FASB or the Governmental Accounting Standards Board (GASB).

  8. Proof of funds - Wikipedia

    en.wikipedia.org/wiki/Proof_of_Funds

    A blocked POF letter is a letter from a financial institution or government that approves the halting or reserving of a person's funds on behalf of them. [10] Governments can reserve a country's funds by restricting the maximum amount of funds that is allowed to be spent at a certain period of time in order to control the country's cash flow. [11]

  9. International Standards on Auditing - Wikipedia

    en.wikipedia.org/wiki/International_Standards_on...

    European Union: The Audit Directive of 17 May 2006 enforces the use of the International Standards on Auditing for all Statutory audits to be performed in the European Union. The Audit Directive of 17 May 2006 is important in order to ensure a high quality for all statutory audits required by Community law requiring all statutory audits be ...