Question: Identify when an auditor would not use sampling to test the effectiveness of a control or perform a substantive test of transactions. Explain circumstances when

  • Identify when an auditor would not use sampling to test the effectiveness of a control or perform a substantive test of transactions. Explain circumstances when an auditor could test the entire population using a data analytic procedure using audit software.
  • Why does an auditor review sale returns after year end? What audit objective does this procedure satisfy?
  • Discuss whether email responses and oral responses are acceptable confirmation responses. How can an auditor verify the addresses for confirmations sent by mail and confirmations sent electronically?

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