Beruflich Dokumente
Kultur Dokumente
with an
Australian Experience
AUDIT AND ASSURANCE
MAC005
Bernadette Or
Week 11 – Substantive testing and Income Statement Accounts
Chapter 11
Substantive testing/
Substantive procedures
• Designed to obtain direct evidence
• Linked to appropriate assertions
• Procedures include:
• Inspections
• Observations
• Enquiry
• Confirmation
• Recalculation
• re-performance
• Analytical reviews
Substantive testing/Substantive procedures
• What to test
• Representative sampling
• Other
Substantive testing/Substantive procedures
• What to test
• How to test
Substantive testing/Substantive procedures Income A/cs
Income Statement Accounts: