I am an article student. I have been asked to vouch the transactions of a pvt co.This is my first assignment.I would like to know a few techniques to vouch the following which will help save time and also do the work effectively. 1. Purchase/ Sale Transactions 2. Cash/Bank vouchers ( There are huge number of vouchers) 3. VAT workings.
Also please let me know how to maintain audit working papers. Any other suggestions would also be helpful.