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How do I vouch the Advertisement expenses of an...

How do I vouch the Advertisement expenses of an organization?

How do I vouch the Advertisement expenses of an organization?

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Chiranjibi Chapagain Mar. 09, 2018

The following steps may be taken by the auditor to vouch/verify the advertising expenditures incurred by an entity.

  • Ascertaining the value of advertisement expenses to ensure that the said expense has been properly allocated.
  • Examining that such expenses relate to the client’s business.
  • Review and examination of the complete list of media of advertisement indicating the dates, location, timing, etc., along with the amounts paid in respect of each category.
  • Examination of the receipts for amounts paid.
  • Reviewing the contracts with the different agencies and ensuring that the billing conforms to the term and conditions specified therein.
  • Ensuring that all such outstanding expenses have been properly accounted for.

How do I vouch the Advertisement expenses of an organization?

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