Question

is the examination of a few selected transactions form origin to their conclusion through entire flow of the transaction,​

Answer 1

Answer:

Audinting-in-depth is the examination of a few selected transactions form origin to their conclusion through entire flow of the transaction.

Explanation:

From the origin to end,the auditor examines and review all the accounting and operational aspects of the transaction in depth auditing.It means checking the transaction extensively from the origin to end.This technique is mainly to evaluate the internal control system in an organisation.This technique is also called vertical vouching I.e.,it is against the horizontal vouching.It checks all details the accounting details,the auditing details,the transaction details,payments,balance,total,etc.,

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