(a) Describe briefly how the following audit procedures are performed: (i) Tracing forwards (ii) Tracing backwards. (b)...

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(a) Describe briefly how the following audit procedures are performed:

(i) Tracing forwards

(ii) Tracing backwards.

(b) Using a specific example to illustrate your answer, explain the purpose of each of the above audit procedures.

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Principles Of External Auditing

ISBN: 9780470974452

4th Edition

Authors: Brenda Porter, Jon Simon, David Hatherly

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Question Posted: Jan 27, 2024 11:01 PM

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(a) Describe briefly how the following audit procedures are performed: (i) Tracing forwards (ii) Tracing backwards. (b)...

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a i Tracing forwards This auditing procedure involves starting from the original source documents and following them through to the final summarized a...View the full answer

Principles Of External Auditing

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