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Vouching

Audit procedure that starts with an accounting entry and works back to source documents to test whether the recorded transaction is genuine, accurate, and authorized.

Definition

Vouching is an audit procedure in which the reviewer starts with a recorded accounting entry and traces backward to invoices, contracts, receipts, approvals, or other source evidence to confirm that the transaction really occurred and was recorded properly.

Why It Matters

Vouching helps auditors and reviewers test occurrence, accuracy, authorization, and validity. It reduces the risk that fabricated, duplicated, misstated, or unsupported entries remain in the books without evidence.

How It Works In Accounting Practice

The reviewer selects a transaction from the ledger, journal, or subledger and then inspects the documents supporting it. The goal is to confirm that the amount, date, account classification, and business purpose all make sense. In payables testing, for example, the reviewer might inspect the purchase order, receiving report, vendor invoice, approval record, and posting reference.

Starting PointEvidence ReviewedMain Question
Expense entryInvoice, receipt, approval, vendor supportWas the recorded expense real and properly supported?
Revenue entrySales invoice, contract, shipping proofDid the sale actually occur and in the right period?
Liability entryInvoice, agreement, receiving recordWas the obligation valid and measured correctly?

Simple Example

An auditor selects a 2,400 office-supplies expense from the general ledger and tests it this way:

StepEvidenceWhat The Reviewer Confirms
Start with ledger entrySupplies expense postingAmount and posting date selected for testing
Inspect invoiceVendor invoice for 2,400Amount and vendor match the ledger
Inspect approvalManager approval or workflow evidencePurchase was authorized
Inspect receiving or usage evidenceDelivery record or internal receiptGoods or services were actually received

If the documents support the transaction, the expense entry is vouched.

Common Confusions

Vouching is not the same as tracing. Vouching starts in the books and works back to evidence, which mainly tests whether recorded items are real and supported. Tracing starts with the source documents and follows them into the books, which mainly tests completeness.