How to learn VERIFICATION chapter.
PLS GIve me any TECHNIQUE or APPROACH for learning verifiation chapter.
5 Replies
CS Bijoy
(Expert)
(6394 Points)
Replied 19 August 2011
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.
kamal kishor sen
(STUDENT Rajasthan)
(2156 Points)
Replied 19 August 2011
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 .....
Rohtash
(CA - Final / CS / B.Com)
(1140 Points)
Replied 19 August 2011
Very well explained in brief by Kishore sir.. Thanks for the same sir..!!
ankita
(Coaching)
(73 Points)
Replied 21 August 2011
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.
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