Auditing vouchers

What are the responsibilities of auditing a voucher?

To verify whether voucher is processed through all the stages of Internal Check system properly

To verify and confirm that the entries are recorded according to the capital and the revenue nature or not

To check the accuracy of accounting transactions

Vouching forms the base for auditing and has an important part of Auditor’s duty

Why do companies use vouchers?

Thanks to the voucher, the auditor in charge can easily verify that all the goods purchased, or the services paid, were actually received by the company

Thus, the vouchers are used to justify and document the cash payments of the company


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