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What is the difference between vouching and verification ( logic) ?

Swathi Krishna

CA Final

★ 8K+

26-Sep-20 11:08

355

Answers (2)

Vouching is generally done to compare transaction with a source document. Verification is used to verify assets and liabilities. Vouching can also be used to verify.

CA Suraj Lakhotia

Admin

26-Sep-20 11:17

Thank you sir

Thread Starter

Swathi Krishna

CA Final

★ 8K+

26-Sep-20 11:17

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