Link Between Audit Schedules and Financial Report
The graphics below show the link between audit schedules and the information within a financial report. Click each image for a larger view of that image:
Primary Financial Statements are Linked (a.k.a. articulation):
Balance Sheet supported by audit schedules (each balance)
Cash Flow Statement supported by audit schedules (each line item which is a group of transactions)
Trial Balance supported by audit schedules (each balance sheet line item, stripping off the higher level subtotals like "Assets" and "Current Assets"):
Transactions supported by audit schedules (each balance sheet line item has a roll forward between the beginning and ending balance of the balance sheet account; each roll forward group is supported by an audit schedule: