Audit Auditing and Substantive Tests Video
Topic 8 - Basics of substantive testing Audit Auditing and Substantive Tests
A confirmation request letter should always be sent under the control of The client. When the recipient has accomplished the confirmation request, replies should be Sent directly to the auditor.
Enable trace for particular user, privileges, action, object & role in Unified auditing
Audif directly to the client, then from the client to the auditor. Sent directly to the auditor, with another copy of the reply going to the client. Not sent back since a confirmation request does not necessitate replies. A large number of small balances are involved. A substantial number of errors are expected. The Audjt has reason to believe that respondents will disregard these requests. Evidence is generally considered appropriate when It has been obtained by random selection. There is enough of it to afford a reasonable basis for an opinion on financial statements, It has the qualities of being relevant, objective and free from known bias.
It consists of Audit Auditing and Substantive Tests statements made by managers of the enterprise under audit. The type of opinion to be issued. The types of https://amazonia.fiocruz.br/scdp/essay/calculus-on-manifolds-amazon/similarities-between-pavlov-john-b-skinner-and.php evidence available to the auditor. Whether or not the client reports to the Securities and Exchange Commission. The sufficiency and appropriateness of evidential matter ultimately is based on the Availability of corroborating data.
Uploaded by
Philippine Standards of Auditing. Pertinence of the evidence. Judgment of the auditor. Which of the following is the most reliable type of evidence? The physical count of securities and cash.
Observation of cobwebs on some inventory bins. Inquiries of the credit manager about the collectability of noncurrent accounts receivable. Carbon copies of checks. It has the qualities of being relevant, objective Audit Auditing and Substantive Tests free from unknown bias. It has been obtained by random selection. Which of the following types of audit evidence is the least persuasive? Prenumbered purchase order forms. Bank statements obtained from the client. Test counts of inventory performed by the auditor. Which of the following is not a characteristic of the appropriateness of evidence? The risk of material misstatement is greater when accounting estimates are involved. Section 29 of RA provides for the ownership of working papers. Letters of representation received from the entity. Which of the following is not generally included in the working papers file?
An indication as to who performed the audit procedures read article when they were performed. Analyses of significant ratios and trends.
Product Details
Copies of bond and note indentures. Long-term customer service contrac. Open navigation menu. Close suggestions Search Search.]
Excuse, that I interfere, but I suggest to go another by.
Between us speaking, in my opinion, it is obvious. I would not wish to develop this theme.