chapter 11 - evidence Flashcards
1
Q
what are the different types of substantive procedures?
A
- Inspection of assets or documentation
- Inquiry
- Confirmation
- Recalculation
- Reperformance
- Analytical procedures
2
Q
What are the the two types of computer assisted audit techniques (CAATs)?
A
3
Q
What are audit procedures for accounting estimates?
A
- Review and test process used by management
- use independant expert
- review subsequent events after year end
4
Q
What methods are used to generate a statistic sample
A
5
Q
What are the methods used to obtain a non statistical sample?
A
6
Q
What must an auditor do if managment refuses to correct a misstatment?
A
7
Q
What misstatments are material in nature not size?
A
