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CASH PURCHASES
o The auditor should check internal control system in operation
o The auditor should make routine checking
o The auditor shall check the cash memo or invoice issued by
the supplier to verify the payment of such purchases
CREDIT PURCHASES
o Can be verified by reference to purchase requisitions and
purchase orders placed with suppliers
o The auditor can examine the entries in purchases book with
reference to purchase invoice and goods received note
o The auditor can verify the statement of account of suppliers and
correspondence with them from time to time
PURCHASE RETURNS
The auditor should:
o Verify the internal control system and cut-off procedures
o See the entries are correctly made in purchase returns book and
suppliers account
o Check the goods returned note and debit notes issued