Tracing





Tracing refers to first selecting an accounting transaction (a source document) and then following it into the journal or ledger. The direction of testing in this case is from the source documents to the journals or ledgers and tests whether transactions that occurred are recorded (completeness) in the accounting records.

Tracing bermaksud menjejaki ke depan dari dokumen sokongan hingga ke jurnal, lejer dan akhirnya Penyata Kewangan. Pada asasnya anda perlu meneliti semua item dalam dokumen sokongan telah direkod dalam Penyata Kewangan. Ianya dalah penting untuk menyokong penegasan/perakuan (assertion) pengurusan bagi KESEMPURNAAN (COMPLETENESS).








Vouching

Vouching refers to first selecting an item for testing from the accounting journals or ledgers and then examining the underlying source document. Thus, the direction of testing is from the journals or ledgers back to the source documents. Vouching provides evidence that items included in the accounting journals or ledgers have occurred (are valid).






Vouching sebaliknya memastikan bahawa item-item yang direkod dalam Penyata Kewangan dibuktikan dengan dokumen sokongan. Jadi arahnya adalah bertentangan, di mana vouching adalah menelusuri semula jejak dari Penyata Kewangan ke lejar, jurnal dan akhirnya dokumen sumber. Pada asasnya anda perlu memastikan bahawa semua item yang direkod dalam Penyata Kewangan adalah SAH (VALID). Ia adalah menyokong penegasan/perakuan (assertion) pegurusan bagi KEWUJUDAN (EXISTENCE).

4 comments
  1. Nerys Ghemor August 29, 2015 at 3:09 PM  

    Thank you for this! I just screwed up this question on a practice auditing exam (I am not an accountant!!) and I didn't understand why until I read your post.

  2. Unknown February 21, 2016 at 1:12 PM  

    Haa, thanks a lot! My textbook doesn't offer a good explanation on these two audit procedures. They made much sense to me after reading your post. Thanks a million.

  3. Izvara April 22, 2016 at 11:10 PM  

    In other words Tracing are for completeness and vouching for accuracy assertion

  4. seenwee teo November 26, 2016 at 4:02 AM  

    @Izvara Vouching is for Occurrence assertion