revenue testingForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › revenue testingThis topic has 1 reply, 2 voices, and was last updated 9 years ago by Ken Garrett.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts August 17, 2014 at 5:57 pm #190744 nariMemberTopics: 261Replies: 176☆☆☆Hello, in this testing what’s the direction in which it is done? Do you trace a randomly selected invoice to the ledger or do you select the samples from the ledger? August 18, 2014 at 8:42 am #190829 Ken GarrettKeymasterTopics: 10Replies: 10424☆☆☆☆☆Both directions. Amongst other assertions, you have to test revenue for both occurrence and completeness.Tracing from ledger to invoice supports the occurrence assertion ie at least there seems to be an invoice as evidence of the sale.Tracing form invoice to ledger supports the assertion of completeness ie all invoices should be posted to the ledger.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In