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Auditors report the identified issues to the audit supervisor.

The auditor found that there is a large backlog of goods in the warehouse, which is greater than the quantity shown in the goods list. Therefore, the inventory account may have an assertion of valuation and allocation.

The auditor examined Greenfood's contracts and sales invoices and found that some invoices did not match the reported amounts. Some sales records do not find the corresponding contract, and there may be false sales. Therefore, the auditor doubts whether the outstanding account exists and the assertion of existence in account receivable appears.

The auditor found bad debts were not properly recorded by examining accounting documents, and it may causes the assertion of valuation and allocation in the account receivable.

Greenfood's materiality threshold was calculated from the previous 3% benchmark. Based on the information collected and sorted out, the auditor calculated that the actual amount is within the calculation range.

contracts and invoices

contracts and invoices

contracts and invoices

Here are our contracts and invoices in a whole financial year.

Accounting voucher

Accounting voucher

I think there are some assertions in this company...

I found something about the inventory...

Auditors’ Report

Create your own at Storyboard That

Auditors report the identified issues to the audit supervisor.

The auditor found that there is a large backlog of goods in the warehouse, which is greater than the quantity shown in the goods list. Therefore, the inventory account may have an assertion of valuation and allocation.

The auditor examined Greenfood's contracts and sales invoices and found that some invoices did not match the reported amounts. Some sales records do not find the corresponding contract, and there may be false sales. Therefore, the auditor doubts whether the outstanding account exists and the assertion of existence in account receivable appears.

The auditor found bad debts were not properly recorded by examining accounting documents, and it may causes the assertion of valuation and allocation in the account receivable.

Greenfood's materiality threshold was calculated from the previous 3% benchmark. Based on the information collected and sorted out, the auditor calculated that the actual amount is within the calculation range.

contracts and invoices

contracts and invoices

contracts and invoices

Here are our contracts and invoices in a whole financial year.

Accounting voucher

Accounting voucher

I think there are some assertions in this company...

I found something about the inventory...

Auditors’ Report

Create your own at Storyboard That

Auditors report the identified issues to the audit supervisor.

The auditor found that there is a large backlog of goods in the warehouse, which is greater than the quantity shown in the goods list. Therefore, the inventory account may have an assertion of valuation and allocation.

The auditor examined Greenfood's contracts and sales invoices and found that some invoices did not match the reported amounts. Some sales records do not find the corresponding contract, and there may be false sales. Therefore, the auditor doubts whether the outstanding account exists and the assertion of existence in account receivable appears.

The auditor found bad debts were not properly recorded by examining accounting documents, and it may causes the assertion of valuation and allocation in the account receivable.

Greenfood's materiality threshold was calculated from the previous 3% benchmark. Based on the information collected and sorted out, the auditor calculated that the actual amount is within the calculation range.

contracts and invoices

contracts and invoices

contracts and invoices

Here are our contracts and invoices in a whole financial year.

Accounting voucher

Accounting voucher

I think there are some assertions in this company...

I found something about the inventory...

Auditors’ Report

Create your own at Storyboard That

Auditors report the identified issues to the audit supervisor.

The auditor found that there is a large backlog of goods in the warehouse, which is greater than the quantity shown in the goods list. Therefore, the inventory account may have an assertion of valuation and allocation.

The auditor examined Greenfood's contracts and sales invoices and found that some invoices did not match the reported amounts. Some sales records do not find the corresponding contract, and there may be false sales. Therefore, the auditor doubts whether the outstanding account exists and the assertion of existence in account receivable appears.

The auditor found bad debts were not properly recorded by examining accounting documents, and it may causes the assertion of valuation and allocation in the account receivable.

Greenfood's materiality threshold was calculated from the previous 3% benchmark. Based on the information collected and sorted out, the auditor calculated that the actual amount is within the calculation range.

contracts and invoices

contracts and invoices

contracts and invoices

Here are our contracts and invoices in a whole financial year.

Accounting voucher

Accounting voucher

I think there are some assertions in this company...

I found something about the inventory...

Auditors’ Report

Create your own at Storyboard That

Auditors report the identified issues to the audit supervisor.

The auditor found that there is a large backlog of goods in the warehouse, which is greater than the quantity shown in the goods list. Therefore, the inventory account may have an assertion of valuation and allocation.

The auditor examined Greenfood's contracts and sales invoices and found that some invoices did not match the reported amounts. Some sales records do not find the corresponding contract, and there may be false sales. Therefore, the auditor doubts whether the outstanding account exists and the assertion of existence in account receivable appears.

The auditor found bad debts were not properly recorded by examining accounting documents, and it may causes the assertion of valuation and allocation in the account receivable.

Greenfood's materiality threshold was calculated from the previous 3% benchmark. Based on the information collected and sorted out, the auditor calculated that the actual amount is within the calculation range.

contracts and invoices

contracts and invoices

contracts and invoices

Here are our contracts and invoices in a whole financial year.

Accounting voucher

Accounting voucher

I think there are some assertions in this company...

I found something about the inventory...

Auditors’ Report

Create your own at Storyboard That

Auditors report the identified issues to the audit supervisor.

The auditor found that there is a large backlog of goods in the warehouse, which is greater than the quantity shown in the goods list. Therefore, the inventory account may have an assertion of valuation and allocation.

The auditor examined Greenfood's contracts and sales invoices and found that some invoices did not match the reported amounts. Some sales records do not find the corresponding contract, and there may be false sales. Therefore, the auditor doubts whether the outstanding account exists and the assertion of existence in account receivable appears.

The auditor found bad debts were not properly recorded by examining accounting documents, and it may causes the assertion of valuation and allocation in the account receivable.

Greenfood's materiality threshold was calculated from the previous 3% benchmark. Based on the information collected and sorted out, the auditor calculated that the actual amount is within the calculation range.

contracts and invoices

contracts and invoices

contracts and invoices

Here are our contracts and invoices in a whole financial year.

Accounting voucher

Accounting voucher

I think there are some assertions in this company...

I found something about the inventory...

Auditors’ Report

Create your own at Storyboard That

Auditors report the identified issues to the audit supervisor.

The auditor found that there is a large backlog of goods in the warehouse, which is greater than the quantity shown in the goods list. Therefore, the inventory account may have an assertion of valuation and allocation.

The auditor examined Greenfood's contracts and sales invoices and found that some invoices did not match the reported amounts. Some sales records do not find the corresponding contract, and there may be false sales. Therefore, the auditor doubts whether the outstanding account exists and the assertion of existence in account receivable appears.

The auditor found bad debts were not properly recorded by examining accounting documents, and it may causes the assertion of valuation and allocation in the account receivable.

Greenfood's materiality threshold was calculated from the previous 3% benchmark. Based on the information collected and sorted out, the auditor calculated that the actual amount is within the calculation range.

contracts and invoices

contracts and invoices

contracts and invoices

Here are our contracts and invoices in a whole financial year.

Accounting voucher

Accounting voucher

I think there are some assertions in this company...

I found something about the inventory...

Auditors’ Report

Create your own at Storyboard That

Auditors report the identified issues to the audit supervisor.

The auditor found that there is a large backlog of goods in the warehouse, which is greater than the quantity shown in the goods list. Therefore, the inventory account may have an assertion of valuation and allocation.

The auditor examined Greenfood's contracts and sales invoices and found that some invoices did not match the reported amounts. Some sales records do not find the corresponding contract, and there may be false sales. Therefore, the auditor doubts whether the outstanding account exists and the assertion of existence in account receivable appears.

The auditor found bad debts were not properly recorded by examining accounting documents, and it may causes the assertion of valuation and allocation in the account receivable.

Greenfood's materiality threshold was calculated from the previous 3% benchmark. Based on the information collected and sorted out, the auditor calculated that the actual amount is within the calculation range.

contracts and invoices

contracts and invoices

contracts and invoices

Here are our contracts and invoices in a whole financial year.

Accounting voucher

Accounting voucher

I think there are some assertions in this company...

I found something about the inventory...

Auditors’ Report

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Storyboard Text

  • I found something about the inventory...
  • I think there are some assertions in this company...
  • Auditors’ Report
  • Auditors report the identified issues to the audit supervisor.
  • Here are our contracts and invoices in a whole financial year.
  • contracts and invoices
  • contracts and invoices
  • contracts and invoices
  • The auditor found some food safety issues in Greenfood's warehouses, such as instances where food products were expired but not thrown away. This can lead to assertion of existence.
  • Accounting voucher
  • Accounting voucher
  • The auditor found that there is a large backlog of goods in the warehouse, which is greater than the quantity shown in the goods list. Therefore, the inventory account may have an assertion of valuation and allocation.
  • The auditor examined Greenfood's contracts and sales invoices and found that some invoices did not match the reported amounts. Some sales records do not find the corresponding contract, and there may be false sales. Therefore, the auditor doubts whether the outstanding account exists and the assertion of existence in account receivable appears.
  • The auditor found bad debts were not properly recorded by examining accounting documents, and it may causes the assertion of valuation and allocation in the account receivable.
  • Greenfood's materiality threshold was calculated from the previous 3% benchmark. Based on the information collected and sorted out, the auditor calculated that the actual amount is within the calculation range.
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