% Daily Value 1  *. * Percent Daily Values are based on a 2,000 calorie diet. ** 2  Nutrient information is not available for all ingredients. (-) 3  Information is not currently available for this nutrient.
Accounts Payable Procedures. The primary objectives of the audit were to (a) assess the adequacy. of internal controls of the Accounts Payable System, and (b) determine the accuracy and timeliness. in processing payments after products and services have been received. The audit produced the.
Auditors complete the audit of a small business in an organized manner by mapping audit objectives onto management assertions. This mapping allows the auditor to design audit procedures that specifically test the quality of financial information. By understanding some common management assertions and how the auditor tests them, you can see how the auditor designs procedures to meet the objectives of the audit. When testing income statement accounts, one of the auditor's main objectives is to test occurrence.