To increase compliance and asset accuracy.

To check whether the financial statements that are prepared by the management are providing an accurate and fair view.

To certain requirements and expectations, and should include the balance sheet, income statement, statement of cash flows and the statement of owner's equity.

To determine the degree of compliance and also to ensure timely recognition of revenue.

Does not get proper reconciliation between sales and which listing in general ledger or trial balance.

To verify all the assets appearing on the balance sheet and also a duty to verify that there are no other assets, which ought to appear on the balance sheet.

To ascertain efficiency in internal control, check the reasonableness of expenses, ensure accuracy and proper documentation.

Auditor have proper review and approve invoices.

Justify the purchasing cost using actual evidence.

Investigate the possibility of disposing of non-current assets.

Policy adequacy and appropriateness were evaluated.

Authenticate using the prior year's balance sheet and audit files.

Research on market potential, prior to launching a product, can be capitalised.

Applied research, calculated to achieve a stated aim, can be capitalised.

An asset should never be capitalised if it has no physical existence.

A resource, though intangible, may be capitalised, if it qualifies to be capitalised if it is identifiable and meets the capitalisation criteria .

Existence

Ownership

Disclosure

All of the above