General Substantive procedures

Question 1

C*
O
L
T
R
E
C

Answer 1

Closing balance

Question 2

C
O*
L
T
R
E
C

Answer 2

Opening balance

Question 3

C
O
L*
T
R
E
C

Answer 3

Look for unusual transactions

Question 4

C
O
L
T*
R
E
C

Answer 4

Transfer unadjusted differences and discuss with management

Question 5

C
O
L
T
R*
E
C

Answer 5

Rep letter from management

Question 6

C
O
L
T
R
E*
C

Answer 6

Evaluate everything in terms of IFRS

Question 7

C
O
L
T
R
E
C*

Answer 7

Cast and cross cast ledgers