The following (1 through 18) are the balance-related, transaction-related, and presentation and disclosure related audit objectives.

Balance-Related

Audit Objectives

1. Existence

2. Completeness

3. Accuracy

4. Classification

5. Cutoff

6. Detail tie-in

7. Realizable value

8. Rights and obligations

Transaction-Related

Audit Objectives

9. Occurrence

10. Completeness

11. Accuracy

12. Classification

13. Timing

14. Posting and summarization

Presentation and Disclosure

Audit Objectives

15. Occurrence and rights

16. Completeness

17. Accuracy and valuation

18. Classification and understandability



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