Auditing: Principles and Techniques

Chapter 6

Verification and Valuation of Assets and Liabilities

CHAPTER OUTLINE

6.1 Introduction

6.2 Meaning of Verification of Assets

6.3 Meaning of Valuation of Assets

6.4 Difference between Verification and Valuation

6.5 Importance of Verification of Assets

6.6 Importance of Valuation of Assets

6.7 General Principles for Verification and Valuation of Assets

6.8 Problems in Verification

6.9 Problems in Valuation

6.10 Window Dressing—A Challenge to Verification

6.11 Verification and Valuation of Assets

6.12 Verification and Valuation of Intangible Assets

6.13 Verification and Valuation of Fixed Assets

6.14 Verification and Valuation of Investments

6.15 Verification and Valuation of Current Assets

6.16 Verification and Valuation of Fictitious ...