No

Audit
Objectives
Transaction
Related

Types of
Evidence

Brief Explanation

Documentation is needed to prove that the transaction was

occurred and related to the entity.

Occurrence

For example, when checking the sales, auditor needs to

check its related documentations such as the sales order and
then to make sure that the order was real they need to check
-Documentation purchase order of the customer and others.
-Physical
Examination
Physical Examination is needed to prove that there has
been inventory in (when doing purchase) and out (when
doing sales) which is related to transaction occurrence.
For example, continuing the last example, the physical
examination need to be conducted to prove whether the
goods already reduced.

Completeness

-Documentation In the completeness, all of the existing transactions are

-Analytical
recorded. To make sure of it, documentation of the
Procedure
transactions is needed, and auditor need analytical
procedure to search for the related account of certain
account which is being recorded.

Auditor needs to make sure the recorded transactions are

stated at the correct amounts.
The amounts that are to be recorded is stated in the
documentation and auditor need to match some accounts
with the actual condition by doing physical examination.
3

Accuracy

-Documentation
-(Confirmation) For example:
-Physical
- Check the attendance list to see if the salaries and wages
Examination
cost in respect of all personnel have been fully accounted
for and any adjustments such as tax deduction at source
have been correctly reconciled and accounted for.
- Check the account receivables to its related party by
sending confirmation letter (or done in the accuracy in
Balance-related audit objective)

Tax 2013- Annisa Juli C. - Hana Nabila - Sherly

- Matching the amount of inventory to the goods available.

To prove that the transactions included in the client's

journals are properly classified, auditor needs analytical
procedure to determine which account is which (the
classification) based on the documentation existed.
4

Classification

-Documentation
-Analytical
For example,
Procedure
Salaries and wages cost has been fairly allocated between:
-Operating expenses incurred in production activities;
-General
and
administrative
expenses;
and
-Other
[Related to cut-off in the balance-related audit objectives.]

Timing

Posting and
Summarizatio
n

-Documentation Documentation is the data for determining by analytical

-Analytical
procedure if the transactions have been recorded on the
procedures
correct dates.

-Documentation To make sure that the recorded transactions are properly

-Analytical
included in the master files and are correctly summarized,
Procedure
auditor need the documentation. To correctly summarize it,
auditor needs analytical procedure.

Balance
Related
7

Existence

Completeness

Documentation

Documentation

Documentation as prove that assets, liabilities and equity

balances exist at the period end (amounts included exist).
usually done by vouching

Auditor needs the documentation of the previously being

processed in the transaction-related to make sure all assets,
liabilities and equity balances that were supposed to be
recorded have been recognized in the financial statements
(existing amounts are included). usually done by tracing

Documentation is needed to check whether the amounts

included are stated/disclosed at correct amounts.

Tax 2013- Annisa Juli C. - Hana Nabila - Sherly

10

Accuracy

Classification

-Documentation Reperformance is needed to increase its accuracy.

-Confirmation
-Reperformance Example use of confirmation:
- Check the account receivables to its related party by
sending confirmation letter (or done in the accuracy in
Balance-related audit objective)
-Documentation Auditor uses documentation existed to make sure the
-Analytical
disclosed events, transactions, balances and other financial
Procedure
matters have been classified appropriately (using analytical
procedure)
[Related to timing in the transaction-related audit
objectives.]

11

Cut-off

Cut-off would be the continuation of timing in the

transaction-related audit objective.
-Documentation Auditor need to check the documentation of the timing and
-Analytical
other documentation related to the account to determine
Procedure
using analytical procedure if certain account is in the right
period or not.
For example,
Transaction of selling goods occurred in 2014 but the goods
will not be received by the buyer until January 2015 then
the auditor need to check the account receivables of the
company related to that transaction.

12

13

14

Detail Tie-in

Realizable
Value

Rights and

-Documentation
-Reperformance
-Analytical
Procedure

Match the documentation; details in the account balance

agree with related master file amounts (to know what is the
related files/accounts auditor need analytical procedure),
foot to the total in the account balance, and agree with the
total in the general ledger. Reperformance to make sure it
is matched.

-Documentation
-Analytical
Documentation as a base and analytical procedure to
Procedure
determine the assets are included at the amounts estimated
to be realized
The documentation regarding the rights and or obligation
-Documentation that stated that entity has the right to ownership or use of
-Observation
the recognized assets, and the liabilities recognized in the

Tax 2013- Annisa Juli C. - Hana Nabila - Sherly

Obligations

15

Presentation
and Disclosure

-Inquires of the financial statements represent the obligations of the entity.

client
Also done by observing to see it objectively and do
inquires of the client to get information needed.
-Documentation
-Observation
-Analytical
Procedures
-Inquires of the
client

Documentation and analytical procedure is needed to

make sure that account balances and related disclosure
requirements are properly presented in the financial
statements. Do observation and inquires of the client to
get information needed to make a disclosure.

Tax 2013- Annisa Juli C. - Hana Nabila - Sherly