Sort Evidence by Assertion
Categorize audit evidence by the financial statement assertion it best supports.
Match each evidence item to the assertion it most directly supports. Existence or occurrence Completeness Valuation or allocation Rights and obligations Presentation and disclosure Subsequent cash receipt from the customer after year-end Search for unrecorded supplier invoices received after close Independent recalculation of warranty reserve using approved rates Executed lease agreement showing the company controls the asset Draft note explaining revenue disaggregation and policy GL-to-subledger tie-out proving all AP subledger balances reached the GL Physical inventory count tag for sampled finished goods Fair-value model with source pricing and sensitivity check Legal confirmation that the liability is the company's obligation Review…
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