[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-170511-105":53,"doc-detail-170511-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","advances-deposits-and-prepayments-audit-program-substantive-testing","Advances, deposits and prepayments - Audit Program - Substantive Testing","","Substantive testing audit program focused on advances, deposits, and prepayments. The scope covers advances to staff, suppliers, C&F agents and others, as well as rent and advances for capital expenditure, with audit procedures applied to selected items to support occurrence, completeness, and accuracy. The working includes checking related documents, performing rent advance calculations, and verifying tax treatment such as tax deducted at source, section 64 advances, and subsequent year adjustments, including review of tax assessments for 2012 and 2013.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":51,"@type":70,"position":76},"https://docshare.wps.com/template/general/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/advances-deposits-and-prepayments-audit-program-substantive-testing/170511/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/advances-deposits-and-prepayments-audit-program-substantive-testing/170511.png","ImageObject",442,249,{"name":88,"@type":89},"Valentina","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-28","2026-09-01",true,{"@type":98,"interactionType":99,"userInteractionCount":76},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What items are selected for audit under the advances, deposits and prepayments program?","Question",{"text":108,"@type":109},"Advances to staff, suppliers, C&F agents and others, plus rent and advances for capital expenditure are selected from the overall balance of advances, deposits and prepayments.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"Which audit objectives are addressed for the selected advances and deposits items?",{"text":113,"@type":109},"Audit procedures are designed to ensure occurrence, completeness, and accuracy of the selected items.",{"name":115,"@type":106,"acceptedAnswer":116},"How is the rent advance calculation checked?",{"text":117,"@type":109},"The program breaks down AIT paid during the year and performs vouching for tax deducted at source (import and local), advances tax as per section 64, adjustments during the year, and deposit for utilities.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},170511,1788272496,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":50,"category_name":51,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":76,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":125,"read_time":140},13056703020460,"https://ap-avatar.wpscdn.com/avatar/be000253dac470eee5d?_k=1778207105932848923","Substantive TestingAudit Program – Advances, deposits and prepayments\n\u000f\n\u000f\nWe have selected the advances to staff, suppliers, C&F agents and others, rent and advance for capital expenditure from all the advances, deposits and prepayments. All the relevant audit procedures (mentioned above have been applied to these selected items to ensure occurrence, completeness and accuracy. The workings are shown below:\n5    All related documents have been checked accordingly.\n\u000f\n\u000f\nAdvance calculation for rent:\nBreakdown of AIT paid during the year:\nVouching: Tax deducted at source - Import\nVouching: Tax deducted at source - Local\nVouching: Advance tax as per section – 64\nVouching: Adjustment during the year\nBDT 436m shown above was adjusted as tax assessments for the year 2012 and 2013 were final. We have checked the tax assessments.\nVouching: Deposit for utilities\nChecking the subsequent position:\nDisclaimer: Dummy audit working files have been prepared and published to improve the quality of audit documentation of member firms providing audit services in Bangladesh. Member firms providing audit services should not assume these dummy working files as absolute benchmark for the purpose of preparing and keeping audit documentation. Every audit client has unique characteristics and risks. International Standards on Auditing (ISA) also requires to exercise engagement partner’s judgment on a number of areas in conducting the audit of an entity. Therefore, member firms should use their professional knowledge, skill, experiences along with these dummy working files to keep adequate and appropriate working papers for each audit engagement. The preparers do not assume any liability for drawing an inappropriate audit opinion based on the working papers prepared on the basis of these dummy working files.","cbCailRKN9yWTJyb","https://ap.wps.com/l/cbCailRKN9yWTJyb","docx",65471,20,"English","# Substantive Testing Audit Program\n## Scope and selection of items\n## Audit procedures: occurrence, completeness, accuracy\n## Rent advance calculation and vouching\n## Subsequent position and tax assessment checks","[{\"question\":\"What items are selected for audit under the advances, deposits and prepayments program?\",\"answer\":\"Advances to staff, suppliers, C\\u0026F agents and others, plus rent and advances for capital expenditure are selected from the overall balance of advances, deposits and prepayments.\"},{\"question\":\"Which audit objectives are addressed for the selected advances and deposits items?\",\"answer\":\"Audit procedures are designed to ensure occurrence, completeness, and accuracy of the selected items.\"},{\"question\":\"How is the rent advance calculation checked?\",\"answer\":\"The program breaks down AIT paid during the year and performs vouching for tax deducted at source (import and local), advances tax as per section 64, adjustments during the year, and deposit for utilities.\"}]","Advances, deposits and prepayments - Audit Program - Substantive Testing | DOCX",7]