Auditors frequently refer to the terms standards and procedures. Standards deal with measures of the quality of

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Auditors frequently refer to the terms standards and procedures. Standards deal with measures of the quality of performance. Standards specifically refer to the generally accepted auditing standards expressed in the CASs. Procedures specifically refer to the methods or techniques used by auditors in the conduct of the examination. Procedures are also expressed in the CASs.

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List six different types of procedures auditors can use during an audit of financial statements and give an example of each.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Auditing An International Approach

ISBN: 978-0071051415

6th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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