When you use Microsoft Excel to analyze your company's data, you want to spot trends, successes and problems at a glance. Before you dive into an in-depth examination of specific sales results, ...
A running balance updates as new debits or credits are made, so you always see the most updated balance. Although a running balance is commonly maintained on the same Excel worksheet as the debits or ...
Auditors know that journal-entry testing is one of many procedures they can use in addressing client data completeness and, hence, audit risk (see AU-C Section 240, Consideration of Fraud in a ...