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 CJ Audit's
audit techniques and methods differ from other accounts payable audit firms. CJ
Audit uniquely approaches accounts payable audits from the purchasing rather
than the accounting perspective. This approach permits CJ's auditors to find
the otherwise hidden claims that are not always apparent. This approach results
in significant profit return to the client. CJ Audit begins with a thorough
review of the client's procurement and accounts payable policies, procedures
and audit guidelines. CJ's auditors review the vendor files utilizing a
comparative analysis approach. These files are examined for differences in:
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Discounts
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Quantities
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Terms
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Promotional Allowances
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Other special allowances
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Bracket Pricing Discounts
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Bill backs
CJ's approach yields several significant benefits to the client: higher yield
and faster audits, which result in the client receiving larger amounts of
recovered profits more quickly. CJ Audit's techniques allow it to employ fewer
auditors than other audit firms do for the same revenue audited.
We are equally proficient at auditing original paper documents as well as
providing computerized audit services.
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