Audit Testing Procedures: Vouching vs Tracing

[@khumbulaninqwababa5709]

This is the most informative and best tutorial I have ever had on vouching and tracing, thank you, I also finally understand the difference like the others

[@alexzhang1437]

Thank you so much! I finally got it! These are concepts that discourage you when you dont understand such a "simple" concept. At the end I feel that adding up or down is what made the terms make sense in English!

[@jasonteich1677]

Thank you for breaking this down. Studying for the AUD section of the CPA and had a lot of trouble with this concept. Now it makes sense !

[@Therge]

This is fantastic and so helpful. Thank you for sharing your knowledge, and making it easy to understand.

[@mygcrown]

Tanx Larry. Straight to the point. Couldn't be better.

[@Tulip879]

Thank you so much. It gave me a lot of clarity and was better able to understand these two concepts.

[@amirfakhim7797]

Hi, I am so happy I found your lessons. Your videos are awesome.

[@miemiethein3264]

Thank you so much for your explanation. Please do more audit videos. Very helpful for me. Thanks again.

[@WA-ge3vz]

Great video. Allows me to picture what is happening and now I can remember it easily.

[@zebraboy]

Kudos to u for such an explanation

[@aliwhani]

Thank you Larry, This is so useful and you explained really well!, I understand the difference now.

[@javzmaa-bt]

The clearest explanation! Thank you

[@nkulalesa9839]

This is really good presentation.

[@mariabrusnevski7895]

The best tutor!

[@jayramshetty6939]

Wherever you are sir , this video is great and beautifully created . I learned lot from u. I respect ur teaching style . God bless u . Take care sir

[@nhlanhlankosi8437]

Thanks it was very so helpful

[@رشيدموسوي-ش5ه]

Thanks it was difficult to undestand auditing but with exemple make it clear thanks.

[@pacificreef6391]

Thank you Sir for that tutorial.

[@arpansaha8323]

Vouching Ensures Occurrence of Transactions and nor Existence

[@rkm9253]

Can you do the video on baddebt and provision of doubtful debt

[@junliang6865]

it's very helpful and informative. thank you.

[@BhavnaKochhar]

Very helpful, thank you

[@AdaptedStudios]

But surely you can still vouch down to test for understatements too?

[@kwakupoku3719]

Wow you explained them so so well

[@tomvo2872]

Thank you so much!

[@mmathapelo5]

Awesome tutorial :). very helpful.

[@kafwimbisichilongo5205]

Well explained!

[@nemabubunigeoffrey1024]

A good base of analysis... Is there any difference in terms of process? Do we have a vouching down and tracing up distinct processese?

[@angelstudent4891]

Dear Larry I have a question does vouching is only concern with assets and revenue? the same with tracing, is it only concern with liabilities and expense?

[@79PARMINDER]

very useful information.

[@hazratsafi3197]

superb explanation

[@mohamedel-nabi8634]

Very Clear, Thanks.

[@hahahacho9474]

Very helpful video.

[@sophearkhiev5854]

thank you so much professor. I have enjoyed your class. please consider me as your student. I will follow your course.

[@secondsunset4951]

clear explanation ever!. but, want to make sure, does the vouching procedure also represent occurence assertion, doesnt it? because we're discussing at the transaction level. cmiiw. Thanks

[@jlee716]

Occurance for income statement accounts, and existence for balance sheet accounts - depends on what you're testing

[@lushkirko]

Thanks! Very useful video, finally I have got the difference between the two.

[@shraddhasingh8563]

Thank you, very simple and helpful

[@DemonofMistify]

Great Job!

[@Bogpillz]

Incredible

[@biodunadewumi4123]

Very useful. Thanks

[@karenapostol3419]

very clear and informative :)

[@UrSturdyWing]

awesome vid, thank you!

[@nixxxz007]

Thank you so much it's been really help

[@nemabubunigeoffrey1024]

Wisdom is short.😀😃😄🤗🤗

[@zeegq1293]

very useful

[@游诗雅]

Thank you very much!

[@kboone8739]

very helpful!!! thank you!

[@zhongchonghao4479]

Helpful, Thanks!

[@desimenu2801]

beautifully explained!! (Y)

[@Jeepencias]

Nice Diagram!

[@jiawei4779]

thank you so much

[@manoj4356]

Thanks a lot

[@qianpiscessay4728]

Thanku

[@shahedyou1]

thanx