Briefly explain the objective of: (i) Compliance procedures, and (ii) Substantive procedures. For each of these objectives

Question:

Briefly explain the objective of:

(i) Compliance procedures, and

(ii) Substantive procedures.

For each of these objectives give one example of an audit procedure which is designed to meet that objective.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Principles Of External Auditing

ISBN: 9780470974452

4th Edition

Authors: Brenda Porter, Jon Simon, David Hatherly

Question Posted: