and amortization to fixed asset costs
Industry experience and trends
Terms of lease agreements
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Intangible assets
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Documents supporting acquisitions, Including authorizations in minutes, purchase agreements, contracts, and so on
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Review of controls over accounts payable and cash disbursements
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Documents supporting acquisitions
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Documents supporting acquisitions
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Terms of contracts and purchase agreement
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Appraisal reports
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Minutes of board or committee meetings
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Recalculation of amortization
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Representations and other information regarding use and realizability of assets
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Industry experience and trends
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Verification of foreign currency exchange rates
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Accounts payable
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Confirmation of selected accounts
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Circularization of vendors
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Confirmation of selected balances
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Foreign currency exchange rates from newspapers, and so on
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Confirmation of terms with creditors
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Supporting documents, including purchase orders, invoices, receiving reports, check requests, and so on
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Tests of year-end purchasing and receiving cutoff procedures
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Purchase contracts and vendor statements
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Purchase agreement and contract terms
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Vendor statements
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Reconciliation of trial balances and general ledger control accounts
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Review of subsequent payments
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Review of unmatched vendor invoices and receiving reports
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Review of controls over purchasing, receiving, and cash disbursements
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Accrued taxes and other expenses
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Tax bills, invoices, and other documents supporting charges for services
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Analysis of general ledger account activity
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Tax bills, invoices, and other documents supporting charges for services
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Documents relating to items accrued
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Terms of tax bills, and so on
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Subsequent payments
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Comparison of account balances between years
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Subsequent payments
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Recalculation of amortization
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Internal Revenue Service agents’ reports
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Industry experience
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Review of controls over recording of cash disbursements
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Recomputation of ending account balance
Discussion of estimated future costs with entity personnel
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Debt
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Confirmation with lenders
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Bank confirmations
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Notes and loan agreements
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Current interest rate quotations
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Confirmation of terms with lenders
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Note and loan agreements
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Representations from management
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Lease agreements
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Foreign currency exchange rates from newspapers, and so on
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Terms of note and loan agreements
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Lease agreements
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Reference in minutes to commitments, obligations, acquisitions, and so on
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Terms of lease
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Authorization in minutes of board meetings
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Correspondence from legal counsel
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Current bank prime rate schedules
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Revenue
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Documents in support of selected revenue transactions, including customer orders, contracts, shipping
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