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Name
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Prepared
by: |
File
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Year end: |
Reviewed by: |
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Subject: Reserves |
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Objective |
To ensure that reserves are fairly stated. |
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Method |
Agree opening reserves to prior year financial statements. Agree closing reserves to the ledger and accounts. Agree movement in revaluation reserves to fixed assets and investment sections. Agree movement in profit and loss to the profit and loss account. Agree movement in other reserves to the statement of total recognised gains and losses and reserves note. |
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Result |
Page ref: Comments: |
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Conclusion |
According to the audit work performed, the objective has been met/has not been met. Problems recorded: |
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©Lynnix (UK) Ltd 19 Oct
2007