Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Can you explain the term error of omission?

Accounting Auditing
user-image
Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/02/27
Upvote (1) Views (4) Followers (3) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
mir moazam ali razvi
by mir moazam ali razvi , manager cum accountant , three diamonds ltd

while recording the transactions when an entry gets omitted completely from the books of accounts it is called error of omission.

Write Your Answer
More Questions Like This