Ensure that accounts payable are fully and accurately aggregated Prepare trial balance of accounts payable over time Based on the trial balance, compare and contrast the cumulative calculation for eac.
Ensure that accounts payable are fully and accurately aggregated Check the presentation of the prepaid balance to the merchant Check the completeness, existence, recognition, due date, rights and obligations of the balance payable to the seller - Prepare trial balance of accounts payable over time Based on the trial balance, compare and contrast the cumulative calculation for each seller and the total outstanding balance of debts, specifically: Compare each seller with the original documents to check the completeness and accuracy of the balance Compare and contrast the total balance on the trial balance with the figures presented in the financial statements and with the aggregated amount from the entity's debt statement In addition, it can be compared with the data of those who have responded to the debt confirmation - Separation of debt balance of each customer at the end of the period according to debt age, serving the presentation of the balance sheet; Review whether the presentation is in accordance with the provisions of the accounting regime -Checking the consistency of data in the financial statements with the figures in the accounting books of the entity (summarized on the detailed list of liabilities) and with the data on the trial balance over time of the payables auditor established Interview the unit about the balance of disputed accounts and check the documents - From the cash book, bank deposit, loan of the next period, select payment transactions for the seller from the beginning of the next year to the time of audit (or within a payment cycle from the beginning of the year) accounting period according to customer's payment policy) (usually reflected in purchase contract) and check to: sales invoice, warehouse receipt, contract, contract liquidation minutes, handover minute goods, record of acceptance of completed work and other necessary documents to determine whether payables to vendors up to the balance sheet date have been fully reflected in the accounts payable books audit period not yet; - From invoices for purchase of goods and services that have not been paid at the time of audit, select samples to check, to warehouse receipts, contracts, minutes of contract liquidation, minutes of goods handover, minutes of block acceptance the amount of work completed and other documentation necessary to determine whether there are trade payables to the balance sheet date that are not reflected in the balance sheet for the period;