Preparation of books for Audit of sole proprietor
This query is : Resolved
02 September 2021
I am staring out as an accountant and I have to prepare my firms books of accounts for audit purposes. Can anyone guide me through the important things that I need to consider for the procedure. This would be a great help in my career.
03 September 2021
Prepare cash book, bank book and ledger.
Prepare bank reconciliation statement.
Keep invoices and vouchers.
Keep stock register and GST return copy and payment details.
Prepare bank reconciliation statement.
Keep invoices and vouchers.
Keep stock register and GST return copy and payment details.
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