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Nemonic for Assertions

Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › Nemonic for Assertions

  • This topic has 2 replies, 3 voices, and was last updated 7 years ago by nadiranks.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • January 29, 2018 at 1:07 pm #433806
    pauljaco
    Member
    • Topics: 25
    • Replies: 110
    • ☆☆

    Does anyone have any other nemonics for the assertions other than ACCA COVER?

    always get them confused with class of transactions and period end balances

    Thanks in advance

    January 29, 2018 at 2:38 pm #433810
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2421
    • ☆☆☆☆☆

    CAVE CROC
    1.Completeness
    2.Accuracy
    3.Valuation and allocation
    4.Existence
    5.Cutoff
    6.Rights and obligations
    7.Occurrence
    8.Classification and understandably
    Hope this helps.

    February 5, 2018 at 2:57 am #435155
    nadiranks
    Member
    • Topics: 25
    • Replies: 59
    • ☆☆

    I have added a new topic: f8 mnemonic helpful for exams pauljaco check those out as well. Hope we can compile enough to get us through exams 🙂

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