Tracing Definition | Becker

Accounting Dictionary

Tracing

Directional testing that starts with source documents and traces forward to provide assurance that an event is being given proper recognition in the financial statements (i.e., testing completeness). Note that the term "tracing" is sometimes used generically to mean comparing one item to another, without indication of direction.

Back to Dictionary

Now Leaving Becker.com

You are leaving the Becker.com website. Once you click “continue,” you will be brought to a third-party website. Please be aware, the privacy policy may differ on the third-party website. Adtalem Global Education is not responsible for the security, contents and accuracy of any information provided on the third-party website. Note that the website may still be a third-party website even the format is similar to the Becker.com website.

Continue