Liability も Substantive test


Account balances

 Understated liabilities を Test 。Current liability が Current assets に対して Significantly に Decrease していた場合など。

Vendor document から Balance までを Trace

・Review of subsequent events

Cash disbursements を Review

◎Presentation and disclosure

Understandability and Classification
Contingent liability
の Proper な Disclosure を Test

Attorney に Inquiry 。Legal letter 。

・Review of subsequent event
Contingent liability に関する Additional information を Obtain 。