Vouching | Learn Accounting: Notes, Procedures, Problems and Solutions

Archive | Vouching

Vouching of Different Transactions | India | Auditing

In this article we will discuss about the vouching of various transactions for auditing purpose:- 1. Petty Cash Book 2. Cash Sales 3. Underwriting Commission on Shares 4. Purchase of Investments 5. Dividends from Investments 6. Sale of Investments 7. Rent from Immovable Properties 8. Sale of Scraps 9. Income Tax Refund 10. Bad Debts Realised 11. Wages 12. Buildings [...]

By Ankur G|2017-06-20T20:12:54+00:00June 20, 2017|Vouching|Comments Off

Vouching of Accounting Records | India | Auditing

In this article we will discuss about:- 1. Definition of Vouching 2. Purpose/Objective of Vouching 3. Importance/Advantages 4. Points to be Considered 5. Auditor's Duties and Liabilities 6. Vouching of Particular Items. Definition of Vouching: Vouching means the authentication or verification of entries by examination of documentary evidence or vouchers, e.g., invoices, debit and credit notes, receipts, statements, contracts, correspondence, [...]

By Roshanali B|2017-06-20T20:11:51+00:00June 20, 2017|Vouching|Comments Off