CO3_17_Verification of Accounting Records - Books of Prime Entry and Ledger

Learning objectives

After completing this module, you would have learnt to:

1. Recognize the importance of verification of accounting records

2. Understand the scope of verification of different sets of accounting records 

 Arithmetic accuracy

Different types of Journals

Ledger

Inventory Records

Non-Current Assets

Accounts Receivable

Accounts Payable

Cash Book

Control accounts.
Bank balance.

3.  Perform verification of recording and posting of transactions from all books of prime entry to ledger including control accounts