Scribd
Upload
34 views

Cash Testing Updated

The auditor performed the year-end bank reconciliation for client Dya Al Nusk for the year ending 31 December 2022. The objectives were to ensure completeness, existence, rights and obligations, valuation and allocation of cash and bank balances. The auditor obtained bank statements and confirmations for all bank accounts, agreed the book balances to the general ledger, traced reconciling items to subsequent periods, and verified the mathematical accuracy of the reconciliation. Differences were noted in some accounts and reconciling items were documented.

Uploaded by

mohamed ewida
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
34 views

Cash Testing Updated

The auditor performed the year-end bank reconciliation for client Dya Al Nusk for the year ending 31 December 2022. The objectives were to ensure completeness, existence, rights and obligations, valuation and allocation of cash and bank balances. The auditor obtained bank statements and confirmations for all bank accounts, agreed the book balances to the general ledger, traced reconciling items to subsequent periods, and verified the mathematical accuracy of the reconciliation. Differences were noted in some accounts and reconciling items were documented.

Uploaded by

mohamed ewida
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 2

FAHEEM

CERTIFIED PUBLIC ACCOUNTATS


Client Dya Al Nusk Prepared By AI
Date: 1/11/2024
Year end 31-Dec-22 Reviewed By:
Objective To ensure the completeness, existence , rights and obligations, valuation and allocation.
Account code Description 2022 2021
Cash and bank 150,105 291,502

Work Done:
A Book balance agreed to General ledger
B Check the mathematical accuracy.
C Agreed opening balance with prior year audited financial statements
D Obtained confirmations and statements for all bank accounts
FAHEEM
CERTIFIED PUBLIC ACCOUNTATS
Client Dya Al Nusk Prepared By AI
Date: 1/11/2024
Year end 31-Dec-22 Reviewed By: Bank statement Confirmation
Objective To ensure the completeness, existence , rights and obligations, valuation and allocation.
Account code Bank names As per ledger As per bank statements As per confirmation Differences Brs Remarks
1000 Banks:Bilad 0027 1,717 1,717 1,717 - 5001-SD1 5001-SD8
1001 Albilad Bank-38 865 865 (865) 5001-SD5
1002 Al Bilad 06 38,564 38,564 38,564 - 5001-SD4 5001-SD8
1003 Al Bilad 17 1 1 1 - 5001-SD3 5001-SD8
1004 Al Inma 2000 632 (632)
1005 Al Rajhi 63 105,470 105,470 (105,470) 5001-SD7
1009 ANB Bank 2,857 2,857 2,857 - 5001-SD2 5001-SD6

Cash at bank 150,105 accurate


Total 150,105 -

Work Done
A Book balance agreed to G/L.
B Circulated the bank confirmartions
C Bank balance agreed to bank confirmation.
D Mathematically bank reconciliation's accuracy verified.
E Traced into the subsequent period that cheque is cleared within the reasonable time period.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy