During the conduct of Bank Audit, to address assertions, the Auditor may conduct procedures such as inspections.

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What are the areas of the bank where inspection is used as audit procedure?

What are the considerations that will be carried by an Auditor in carrying out inspection procedures? Please explain .

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Posted Date: Apr 03, 2023 01:19 AM

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During the conduct of Bank Audit, to address assertions, the Auditor may conduct procedures such as inspections.

Question:

Expert Answer:

a Inspection is a commonly used audit procedure in a bank audit It involves physically examining records documents and assets to provide evidence to support the assertions being made Some of the areas ... View the full answer

Auditing and Assurance Services

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