#audit, #bankaudit Basic Accounting Monthly Closing Checklist Basic Accounting Monthly Closing Checklist: Monthly Closing Checklist 1. Bank Reconciliation: - Review and reconcile bank statements. - Verify outstan January 16, 2024 Share
#audit, #bankaudit Audit procedure for verification of suspense account/Sundry Assets Audit procedure for verification of suspense account/Sundry Assets: Dear readers, before starting our main topic, first try to understand why banks use January 15, 2024 Share
#audit, #bankaudit How to pass MOC in bank audit? Bank Audit <b> :</b> Usually, every bank closes their books of accounts on 31.03.20XX and any changes to be made to books of accounts can be made with the perm January 15, 2024 Share
#audit, #bankaudit Audit procedure for verification of CASH in Bank Audit Audit procedure for verification of CASH in Bank Audit 1. Auditor should obtain the cash retention limit of the branch. He should review the cash recor January 15, 2024 Share
#audit, #bankaudit Audit procedure for verification of INVESTMENTS in Bank Audit Audit procedure for verification of Investments in Bank Audit If branch does not hold any investments, obtain NIL certificate from branch and comment a January 15, 2024 Share
#audit, #bankaudit Audit procedure for verification of guarantees and letter of credit Audit procedure for verification of guarantees and letter of credit: These are <b> non-fund-based limits</b> sanctioned by the bank to the customers. Many Bank January 15, 2024 Share
#audit Audit of property, plant, and equipment (PPE) during an Audit Beyond Depreciation: Diving Deep into the Audit of Property, Plant, and Equipment:<strong style="-webkit-text-size-adjust: auto; text-size-adjust: auto;"> A comprehensive guide to testing property, plant, and equipment (PPE January 15, 2024 Share
