How do we assure that the Firm has accounted for the expenses incurred just before year end? ANd it needs to be recorded within the proper period in the event the expenses has not been billed by the suppliers?

Assuring that the Firm has accounted for the expenses  incurred before year end.

1. Search via unpaid invoices - check out the description with the services made, and invoices date, Delivery Order dat.
2. Take a look at payment voucher immediately after year end to determine the expenses that must be recorded in prior timeframe, if any
3. Sent proof to suppliers to confirm the amount of money outstanding as at year end
4. Check out the expenses account, for prospective indication of services  which needs to be accrued in existing year Profit and  Losses
5. Execute cut off test.