Audit Tests
1. The auditor should inspect the invoice for the date to ensure that it relates to the client‘s financial period.
2. The auditor should consider whether the supplier‘s name appears on the list for authorized suppliers of the company to determine whether orders to such supplier are authorized.
3. The auditor should recompute the value of the invoice and compare with that on the invoice to ensure arithmetic accuracy of the invoice.
4. The auditor should compare the goods inward note content with the stock records to ensure that goods were infact received by the company.
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