Auditing: Theory and Practice

accounts payable accounts receivable actual amount ascer ascertain assets balance sheet audit bank banker basis bonds bookkeeping borrower capital stock cash book cashier cent certified Certified Public Accountants charged cheques clerk client concern contracts controlling account corporation cost creditors current assets customers debtors deducted defalcation deposits depreciation depreciation reserve detailed audit directors discount dividends earnings entries errors examination expenses fact fraud funds gross gross profit home office important included income instance interest Interstate Commerce Commission inventory investments invoices ledger liabilities loans loss account manufacturing matter ment method notes operating paid partner payable payments period petty cash plant possible practice professional auditor profit and loss proper purchase receipts records reserve revenue securities sinking fund statement stockholders subsidiary surplus taxicab thereof tion trial balance usually valuation verified vouchers