- This topic has 1 reply, 2 voices, and was last updated 5 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Forums › ACCA Forums › ACCA AAA Advanced Audit and Assurance Forums › " SUBSTANTIVE PROCEDURES & EVIDENCE "
Give me tips, how i grip topic of ” SUBSTANTIVE PROCEDURES & EVIDENCE ” ?
Kindly some one guide me methodology to grip this topic. Thanks.
For audit procedures, always give;
an action (Obtain, re-calculate, etc);
a source (bank statement, etc);
and an objective (to verify the payment of $100m to abc ltd)
for Evidence, I treat it as;
Calculate Materiality (M)
State Accounting Treatment (A)
State Risk (R)
State the Evidence needed (E)
I hope this helps.