The auditor normally uses two approaches to the audit of accounts payable. What are they and why

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The auditor normally uses two approaches to the audit of accounts payable. What are they and why are both used?

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:29 AM

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The auditor normally uses two approaches to the audit of accounts payable. What are they and why

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The two approaches commonly used by auditors in the audit of accounts payable are the substantive approach and the controls reliance approach 1 Substa...View the full answer

Auditing An Assertions Approach

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