Financial Statement Audits: Test of Details – Cash and bank balances
Demystify Test of Details procedures! This video dives deep into a crucial part of financial statement audits, using a real-world example.
My name is Ahmed Marzouk, I am an audit manager in a big four audit firm in the UK and today i am helping you to learn how to perform Tests of Details, document them on a working paper template (Don’t forgot to get your copy!), and ensure the accuracy of your audits.
In today’s video we are testing Cash and Bank balances!
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