Briefly describe each separately:
Substantive Testing and Cycle Testing
Briefly describe each separately: Substantive Testing and Cycle Testing
Substantive Testing and Cycle Testing Briefly describe each separately
Substantive Testing and Cycle Testing. briefly describe each separately
Confirmations, especially for testing accounts receivable, are a major substantive procedure. Identify and describe the 3 types of confirmations. Be sure to indicate when (i.e., under what conditions) each type is most appropriate.
Confirmations, especially for testing accounts receivable, are a major substantive procedure. Identify and describe the 3 types of confirmations. Be sure to indicate when (i.e., under what conditions) each type is most appropriate.
Briefly describe each of the four stages of the training cycle: Assessment, Design, Implementation, and Evaluation. Why is it termed a "cycle"? Apply a brief example (imaginary) of a training program at each stage and show the dependence of each stage upon outcomes of other stages.
Auditing course: a- Describe in detail the substantive analytical procedures that can be used in auditing the revenue? b-The testing of the hierarchy is considered to be more effective and more efficient. Why?
Explain the impact the results of control testing have on the timing and amount of substantive testing
11.30 SUBSTANTIVE TESTING OF SALES COLO2 James is seeking your advice on the selection of substantive procedures for the audit of his client, Rock Ltd. Rock Ltd is a specialist outdoor clothing and equipment retailer and has experienced reasonable growth over the past three years, although this growth has come substantially from the clothing section. Sales of camping and climbing equipment are down significantly so far this year in all stores except Melbourne. Early results from audit testing show that...
Briefly describe about ‘Expanding ring experiment’ and ‘Taylor cylinder test’ (testing method and objectives of the test)
Every audit will involve _______. Select one: a. some amount of substantive testing because audit standards require it for relevant assertions b. no substantive testing because audit standards require it not to be conducted for relevant assertions c. conflicts with management pertaining to estimates d. relying on the internal audit function for production of evidentiary matter