Читать книгу Wiley Practitioner's Guide to GAAS 2020 - Joanne M. Flood - Страница 71

One page of audit documentation may provide documentation for more than one account. Many balance sheet accounts are related to income statement accounts. In these circumstances, the audit work on the accounts should be documented in one page of audit documentation. Examples of related accounts are the following:

 Notes receivable and interest income

 Depreciable assets, depreciation expense, and accumulated depreciation

 Prepaid expenses and the related income statement expenses, such as insurance, interest, and supplies

 Long-term debt and interest expense

 Deferred income taxes and income tax expense