Liability も Substantive test

Liability

◎Account balances

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

・Tracing
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

・Inquiry
Attorney に Inquiry 。Legal letter 。

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