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cast breakdown

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › cast breakdown

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by Ken Garrett.
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  • May 28, 2015 at 8:22 am #249744
    mini
    Member
    • Topics: 38
    • Replies: 28
    • ☆☆

    Hi Tutor,

    Could you please explain what it means to “cast breakdown of NCA registar” or “cast list of disposals” and what is the purpose of doing that?

    Many thanks in advance.

    May 28, 2015 at 10:09 am #249790
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10607
    • ☆☆☆☆☆

    Cast = add up.

    Adding things up is a normal part of audit to ensure that the figures shown in the FS are supported by individual transactions/asset/liabilities.

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