Valuation and Verification of Assets and Liabilities | Business | Auditing

In this article we will discuss about the valuation and verification of assets and liabilities of a business. Valuation of Assets and Liabilities of a Business: The processes of routine checking and vouching would only substantiate transac­tions as they occur from day to day and confirm the acquisition of assets or assump­tion of liabilities at the first instance but the [...]