PRACTICAL APPROACH TO AUDIT REVENUE: Audit Working Paper for Retail Revenue

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  • Опубликовано: 11 дек 2024

Комментарии • 19

  • @shanicemccleary7480
    @shanicemccleary7480 2 года назад +2

    Hi Efiwe. I am watching from Jamaica. I started the audit field 3 weeks ago with little to no clue about what to do, I decided to search youtube for answers regarding the procedures and I found you. You saved me and I rely on your videos daily as the detailed structure in your videos was exactly what I needed. Thanks a million.

    • @efiwecpa
      @efiwecpa  2 года назад +1

      I'm glad the video is helpful to you. Thanks for your comment 😊

  • @georgeosae2040
    @georgeosae2040 Год назад +1

    starting off as an audit associate and you just earned a subscriber. Thanks a million❤

    • @efiwecpa
      @efiwecpa  Год назад

      Thanks for your comment!

  • @tsegagiorgis702
    @tsegagiorgis702 Год назад

    huge thanks from Ethiopia, Efie for your useful insights, they are indeed insightful for associates like me

  • @abdulahiadebayo8951
    @abdulahiadebayo8951 2 месяца назад

    Thank you Efiwe....please i have a question on what basis did you use for selecting the samples....is it base on Materiality threshold

  • @rosemarkristhelsongco6485
    @rosemarkristhelsongco6485 Месяц назад

    Hello, how about when auditing a Homeowners Association? Can you make a video about their working papers? If I'm testing their association dues, can my working paper be like this?

  • @dars-e-quranbymuftiirshadw3005
    @dars-e-quranbymuftiirshadw3005 2 года назад

    Please make more videos on Balance Sheet accounts area as part of Audit plan for each head.

  • @hasinarafenoarisoa3747
    @hasinarafenoarisoa3747 2 года назад

    Excellent video!

  • @atheer-pn8io
    @atheer-pn8io Год назад

    If the company provide discount for their customers what should we add in working paper?

  • @atheer-pn8io
    @atheer-pn8io Год назад

    Why you put the amount include tax? I think we should put amount before tax because we will do testing for taxes separate?

  • @0xxsapxx0
    @0xxsapxx0 2 года назад +1

    As cut off is included in this 4 way match illustration, do you seperately test revenue for completeness again ? Thank you 🙏🏻

    • @efiwecpa
      @efiwecpa  2 года назад +1

      No. I won't separately perform another test for completeness. The assertion I was concerned about for revenue was accuracy and occurrence.

  • @purseypurse4214
    @purseypurse4214 2 года назад

    Thank you so much for this video, got a subscriber

    • @efiwecpa
      @efiwecpa  2 года назад

      Thank you 😊 😊

  • @kwasheme7177
    @kwasheme7177 2 года назад

    Hey Efiwe, now that you have started Revenue, can you follow with other income, COS (purchases, inventory), expenses, etc.
    Thank you 👍