Describe what is meant by compliance and substantive tests of transactions. What is the relationship between them

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Describe what is meant by compliance and substantive tests of transactions. What is the relationship between them ?

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Applications Of Statistical Sampling To Auditing

ISBN: 9780130391568

1st Edition

Authors: Alvin A. Arens, James K. Loebbecke

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Question Posted: May 16, 2024 02:03 AM

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Describe what is meant by compliance and substantive tests of transactions. What is the relationship between them

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In auditing compliance tests and substantive tests of transactions are two key procedures used to evaluate the effectiveness of internal controls and to gather evidence regarding the accuracy and comp...View the full answer

Applications Of Statistical Sampling To Auditing

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