Читать книгу Wiley Practitioner's Guide to GAAS 2020 - Joanne M. Flood - Страница 69

Audit documentation should be designed for the specific engagement; however, audit documentation supporting certain accounting records may be standardized.

The auditor should analyze the nature of his or her clients and the complexity of their accounting systems. This analysis will indicate accounts for which audit documentation may be standardized. An auditor ordinarily may be able to standardize audit documentation for a small-business client as follows:

 Cash, including cash on hand

 Short-term investments

 Trade accounts receivable

 Notes receivable

 Other receivables

 Prepaid expenses

 Property, plant, and equipment

 Long-term investments

 Intangible assets

 Deposits

 Accrued expenses

 Taxes payable

 Long-term debt

 Stockholders’ equity accounts