Forums
Auditing
what is difference between the occurrence and cut off assertions ? both sound similar. what logic of their difference?
Swathi Krishna
CA Final
★ 8K+
28-Oct-20 19:02
350
Answers (2)
Occurence is transaction has occured during the period. Cut-off is more for account balances as on a specific date.
CA Suraj Lakhotia
Admin
29-Oct-20 10:08
K thax sir
Thread Starter
29-Oct-20 12:27