[timdecker]

No, the audit plan is the first step of any audit. Substantive procedures are

“those activities performed by the auditor to detect material misstatement or fraud at the assertion level. The different assertions of balances are: existence, rights and obligations, validity, and accurate.”

This stuff is pretty difficult to understand because there are so many words that kind of mean the same thing. Here’s a useful guide.

https://www.myaccountingcourse.com/accounting-dictionary

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