- Industry: Accounting
- Number of terms: 7464
- Number of blossaries: 0
- Company Profile:
Prove accuracy of accounting entries by tracing to supporting documents.
Industry:Accounting
is the auditor of the current year who also audited the financial statements of the client for the previous year.
Industry:Accounting
A document in support of an expenditure. The signature of an appropriate official on the voucher is authorization for the treasurer to issue a check.
Industry:Accounting
Matters of continuing accounting significance are those normally included in the permanent audit documentation, such as the analysis of balance sheet accounts, and those relating to contingencies. Such information from a prior year is used by the auditor in the current year's audit and is updated each year.
Industry:Accounting
A CPA issues an opinion on a web site when the business and information privacy practices, transaction integrity, and protection of customer information meet certain standards.
Industry:Accounting
are general ledger accounts that report totals of details included in subsidiary ledger accounts. For example, Accounts Receivable is a general ledger account with a balance equal to the total of the individual receivables included in the subsidiary accounts receivable ledger.
Industry:Accounting
(written audit documentation) Records kept by the auditor of procedures applied, tests performed, information obtained, and pertinent conclusions in the engagement.
Industry:Accounting
Cancellation of part or all of a balance. Costs incurred that have no future utility are charged (written-off) to an expense or loss account, not carried forward as an asset.
Industry:Accounting
is the attitude, awareness, and actions of the board, management, owners, and others about the importance of control. This includes integrity and ethical rules, commitment to competence, board or audit committee participation, organizational structure, assignment of authority and responsibility, and human resource policies and practices.
Industry:Accounting
