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How to learn VERIFICATION chapter.

PLS GIve me any TECHNIQUE or APPROACH for learning verifiation chapter.

Replies (5)

Dear please build your individual concept, What is the mean of verification and than go ahead by involving yourself in the matter.

I think this process will help you lot.

 verification matlab kisi cheez ko verify karna jaise ki jab ghar me rashan aata hai tab sath me  ek bill bhi hota hai aur apn us bill se  items ko match karte hai jaise ki bill me likha hota hai 1kg rice toh apn check karenge haan 1 kg rice h ya nahi.. just like that. very simple .....

Very well explained in brief by Kishore sir.. Thanks for the same sir..!!

Verification is firstly done only for balance sheet items...for eg cash, stock, property ,patents , fixed assets etc(all b/s items)

Common points for all the itmes of verification:

1.Check if they exist-that is physical verification

2.Check the value

3.Fixed assets-check depreciation

4.Check the vouchers,supportings,bills

All the best.

THANKS EVERYONE


CCI Pro

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