Accountancy, asked by popstarastha8432, 8 months ago

What are the verification of asstes it's obejects

Answers

Answered by rajkamble03
1

Explanation:

Joseph Lancaster has defined verification of assets as a process by which the auditor substantiates the accuracy of the right hand side of the balance sheet and must be considered as having three distinct objects: The verification of the existence of assets, The valuation of assets

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