SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

AUD Prep

» Start this Course
(Practice similar questions for free)
Question:

In audit planning, the auditor has to decide what specific substantive procedures to perform. This includes determining how much emphasis should be placed on tests of details vs substantive analytical procedures. Which procedure is more less labor intensive and why?

Author: Monique Tyler



Answer:

Substantive Analytical Procedures - Tend to be less labor intensive and less expensive, but which provide a relatively weaker basis for conclusions for most financial statement assertions


0 / 5  (0 ratings)

1 answer(s) in total