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Auditing vs. Accounting in Government by Sherilyn Bunag is a document available to read on EtoBox.

This document outlines audit considerations for auditing government agencies and non-profit organizations. For government agencies, the prominent accounts are cash and cash equivalents and property, plant and equipment, while non-profits also have investment properties. Risks include unrecorded transactions, improper valuation of assets, and lack of segregation of duties. Key cycles are cash receipts, receivables, payables, financing, and investing. Substantive procedures include inspecting assets, reconcil

Author

Sherilyn Bunag

Language

EN