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Audit procedure and substantive procedure

+2 Votes
Audit procedure and substantive procedure

Does the audit procedure in the question means to write out substantive procedure?

May 10th 2015 AN ACCA USER 310 Points

3 Replies

+5 Votes

In my opinion, the audit procedure is the broad or general procedure which is designed during our planning time. There are different audit procedures. However, the substantive procedure is one type of procedure which we use it when we need to gather sufficient appropriate evidence in detail when the internal control of the entity becomes weak. i.e. it is a procedure to inspect documents with more samples from the system (ledger).

May 10th 2015 AN ACCA USER 290 Points
0 Votes
So, we can use the substantive procedures if applicable when the question ask about audit procedure, right?
May 10th 2015 AN ACCA USER 310 Points
0 Votes

yes audit procedures means substantive procedure,
eliminating the controls procedures.

May 12th 2015 AN ACCA USER 140 Points
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