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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › What is listing, schedule & summary in audit?
I keep reading these 3 terms(listing, schedule & summary) in my book,
– Inventory “listing”.
– “Listing” of supplier accounts
– Inspect “listing” for evidence.
– Receipt “listing”
– “Summary” of tangible NCA
– Reconcile “schedule” of NCA
Please explain what are these and are these all the same things? I tried to google and could not find much.
Thanks in advance! 🙂
A listing is just a list of items. So, an inventory listing is a list of inventory items.
A summary of tangible NCAs would be the relevant totals (cost, depreciation) rather then detail.
A schedule is a written or printed statement of details, often in tabular form.
