Some general audit procedures are (a) recalculation, (b) physical inspections, (c) confirmation (accounts receivable, cash, or other
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Some general audit procedures are (a) recalculation, (b) physical inspections, (c) confirmation (accounts receivable, cash, or other assets), (d) verbal inquiry, (e) inspection of internal documents, and (f) scanning.
Required:
For each procedure listed, discuss one way the procedure could be misapplied or the auditors could be misled in such a way as to render the work (audit evidence) misleading or irrelevant. Give examples that are different from the examples presented in Chapter.
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Related Book For
Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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