TESTS OF CONTROL AND SUBSTANTIVE PROCEDURES

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May 30, 2013 at 9:04 pm #127910
twoboys2
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Hi
please can you explain the difference between Tests of control and Substantive Procedures
May 31, 2013 at 9:33 am #127945
Ken Garrett
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In tests of control you are testing the operation of a control eg was a transaction authorised or a reconciliation performed? Substantive procedures can consist of lots of tracing of items or inspection of documents etc to make sure they have bee properly accounted for, and also consist of analytical procedures.
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