To test the client's list of outstanding checks on the bank reconciliation for completeness, the auditor should trace from the list to the checks included with the cutoff bank statement.

Question

Quizplus · Accepted Answer

To test for completeness, the auditor should trace from the checks included with the cutoff bank statement back to the client's list of outstanding checks, not the other way around. This ensures that all checks presented for payment are accounted for on the client's list.

To Test the Client's List of Outstanding Checks on the Bank