A Payable audit procedure

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August 13, 2015 at 2:38 pm #267077
mansoor
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Inspect after date payments, if they relate to current year then follow thru to the purchase ledger or accrual listing: verifies completeness.

can u pls explain this?
August 14, 2015 at 12:27 pm #267153
Ken Garrett
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Seems to me this verifies existence, not completeness.
August 14, 2015 at 12:33 pm #267156
mansoor
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what does “if they relate to current year” mean?? current year is the new year or the old year which is being audited?

this is from kaplan
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