Menu
Audit
Difference between substantive and analytical audit procedures??
Replies (1)
Substantive implies that you do “manual” checking, if you are going to do just analytical procedures you can get away with variance analysis, etc. However, substantive means you are going to review actual documents, check the existence of the assets, etc
Substantive procedures (or substantive tests) are those activities performed by the auditor to detect material misstatement at the assertion level
Recent Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
