Comprehensive Assurance & Systems Tool: an Integrated Practice Set

The Comprehensive Assurance and Systems Tool (CAST) is an integrated practice set based upon a real company and designed to provide learners with hands-on experience in preparing, using, and evaluating accounting information necessary to completing an audit. It outlines how to prepare various common documents relating to sales, cash receipts, purchases, cash disbursements and payroll; and specialized journal entries. Also covered are post entries to subsidiary ledgers and general ledgers; month-end and year-end reconciliation documents, pretrial balances, etc. For individuals interested in auditing positions in the accounting field.