What are the steps adopted by an auditor/chief accountant to detect errors from the accounting records?

1 examination: and is sure to measure the health of the operations that have been recorded, analyzed and classified.

2 investigation: the possibility of a judgment on the validity of the financial statements as an expression of the results of a sound business during a certain period.

3. Report: a crystallization scrutiny and prove a written report submitted to the users of financial statements results

According to Financial Reporting Standard. These steps involve in this process

1- Gathering information needed to identify the risk of material misstatement due to fraud.

2-Examination of the financial statement trial balance, balance sheet, P&L Account bank reconciliation statements etc to detect the Accounting errors 

3- Reporting

The first step is by extracting all the accrued transactions for the period.

Second, by verification of those accouts having external source document for the ability of verifying, like VAT

Third, ensuring correct figures are recorded or recalculating the closing balances

Fourth, the preparation of trial balance to find out if there is/are any errors

Then following step could be bank reconciliation, financial statements,

Physical examination

Confirmation

Document vouching and tracing

Analytical procedures

Reperformance

Observation

Inquiries

Bank reconciliation

Compare and reconcile suppliers accounts with them 

Make daily overview on transactions and how they affect trial balance and accounts 

Like we today have increase in cash with details and expense in details ,,etc

To locate the error an accountant / auditor should take the following steps:

1- By checking the trial balance (Trial balance leads to the JV's)

2- Journal voucher leads to the supporting documents

3- Accruals

4- Bank Reconciliation

5- Opening Balance of the Accounts.

By doing the reverse procedure e.g from Trial Balance towards Vouchers

By reconciliation of bank statement of both provided by organization Accountant  and by receiving through Bank Confirmation in Auditor Office

I agree with all the answers

The Error Can Be Detected With Conformation Statement By Opposite PartyAlso Error Can Be Detected By Bill Conformation And Audit

I agree with Most of the above answers (( Trial Balance Or P& L statement I mean Profit & Loss ))

But then the steps I DISAGREE , as from Physical experiences I can show you how by less effort and time as below :

1) Compare your P & L with last average3 months back . is the final result the same or there is Gap.

2) If the result is Gap , then they MUST be some value Higher or Lower than expected.

3) Just Make Eye Look on these figures then you reach the top , with less effort and time as well.