|
|
Name
of client: |
Prepared
by: |
File
ref: |
|
|
|
|
|
|
|
Year end: |
Reviewed by: |
|
|
|
|
|
|
|
|
Subject: Debtors’ cut off |
|
|
|
|
|
|
|
|
|
Objective |
To ensure that debtors are correctly cut off. |
|
|
|
|
|
|
|
|
Method |
From the trade customers’ invoice files, select the last five sales invoices received before the year end, and the last five sales invoices received after the year end. Note the details and ensure they have been recorded in the correct period and in the correct customer account. From the trade customers’ invoice batch listings, select the last five purchase invoices posted to the trade debtors’ control account before the year end, and the first five posted after the year end. Note the details and date posted and ensure they agree to the invoiced date and details. |
|
|
|
|
|
|
|
|
Result |
Page ref: Comments: |
|
|
|
|
|
|
|
|
Conclusion |
According to the audit work performed, the objective has been met/has not been met. Problems recorded: |
|