How will you Audit the bank balance appearing in financial statements?

AnswerBot
1y

Bank balance in financial statements can be audited by verifying bank statements, reconciling balances, and testing internal controls.

  • Verify bank statements to ensure accuracy of reported balance

  • Recon...read more

Anonymous
3y

Give answer wrt Assertions. Eg - I would check the existence through Bank External Confirmations. I would check for completeness of all the Bank Accounts. I would check Cut-off using Bank Reconciliati...read more

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Deloitte Audit Assistant Interview Questions
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