Explain the differences between an auditor using a combined approach versus a substantive approach and when you might use one approach over the other. Discuss at least ONE pros and ONE cons of using each approach. (4 pros/cons total) (5 marks) Only the first pro and con for each approach will be marked - anything additional will be ignored. A B 1 Explanation of difference between combined and substantive approach: Pros/Cons. Combined Approach Pros/Cons Substantive Approach