accounting

An audit trail allows an individual to track a transaction from the journal entry to the general ledger through to the financial statements. The audit trail can also find all the transactions that comprise the dollar amount for each account listed on the income statement and balance sheet. Your team has been assigned the duty to diagram the audit trail for your company. In your diagram, show several transactions and how they would be tracked from the journal entry to the financial statement and back to the journal entry

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  1. See if some of the links here will help you:

    http://search.yahoo.com/search?fr=mcafee&p=diagram+an+audit+trail

    Sra

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