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Financial Statements Bookkeeping and Audit Seminar
Financial Statements Bookkeeping and Audit Seminar
FINANCIAL STATEMENTS
BOOKKEEPING AND AUDIT
SEMINAR
February 29, 2020
Topics to be discussed:
a. Date of Purchase
b. Name of the Store and the address if
possible
c. Item purchased and the amount
d. Signature of the store owner/seller
Revised financial management policies
for all departments and student
organizations
• Source Documents
• Acknowledgement Receipt
• Liquidation Report
• Liquidation Report Template
• Statement of Cash Flows
• Statement of Financial Position
• Overview of Financial Statements Audit
• Auditor’s Report
• Abolishment of Audit Fees
FINANCIAL STATEMENT
PREPARATION
Source Documents
• Types of source documents
Sales invoices
Official Receipts
Acknowledgment Receipts
•Components
Statement of Liquidation
Notes to Statement of Liquidation
Statement of Transportation Expenses
Source Documents
Statement of Liquidation
Junior
JuniorPhilippines
PhilippinesInstitute
InstituteofofAccountants
Accountants
Federation Year 2019-2020 Org/Dept
Logo
Financial
Financial Statements
Statements Audit
Audit Seminar
Seminar
Letter Head
• KEY ELEMENTS
• ORG LOGO
• DEPARTMENT
• ORGANIZATION NAME
• Comprises of:
Statement of Financial Position or
merely, Statement of Assets and
Liabilities and Note Disclosures
•Scanning
•Calculations
•Inquiry
•Examinations of Tangible Assets
Auditor’s Report