- This topic has 3 replies, 2 voices, and was last updated 8 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
For the financial statement assertions of completeness, would a valid substantive test be to check that all invoices are sequentially numbered?
Thanks in advance
That would be a start, but there would need to be some assurance that the sequence of invoices was completely accounted for. Sequential numbering is only useful if accounting for the sequence is verified.
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.