Describe one specific substantive audit procedure you would use to test the financial statement assertion you are most concerned with based on your analysis. Be sure to describe how you would perform the audit procedure and the specific documents you would use (ie assertion of account name is high risk because.... . To test this I will .... (VOVOP)

Answer rating: 100% (QA)

Assertion Valuation and Existence of Inventory Substantive Audit Procedure To test the valuation and existence of inventory I would conduct a physical ... View the full answer