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Explain the features of the transaction cycle approach audit methodology?

Accounting Auditing
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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/03/06
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Hashem Albasha
by Hashem Albasha , Accounting Support Adviser , AL Mustwa AL Raqi

thanks for the invitation

by it  auditors determine if they can rely on the information developed from posting or recording transactions.

 

so it is very good in Test of controls 

Soliman Abd ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

The features are: *Top down -approach *Balance sheet approach *Transactions cycle approach *Risk_ based audit approach

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