Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: Neurosciencie on Aug 1, 2022



Title: Risk assessment procedures are performed by the auditor to assess the risk of material misstatement ...
Post by: Neurosciencie on Aug 1, 2022
Risk assessment procedures are performed by the auditor to assess the risk of material misstatement in the financial statements. Below are four types of further audit procedures the auditor should perform that provide the basis for the auditor's opinion. Which of these are compliance procedures?
1.Tests of controls
2.Tests of details of balances
3.Substantive tests of transactions
4.Substantive analytical procedures


▸ 1, 2, and 3

▸ 2, 3, and 4

▸ 1 only

▸ 1 and 2


Title: Risk assessment procedures are performed by the auditor to assess the risk of material misstatement ...
Post by: dm408 on Aug 1, 2022
Content hidden