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in question westra company pilot paper they have asked for substantive audit procedures to confirm completeness occurence and cut off of purchases and in dinzee company part a they have asked audit procedures to carry out on purchases system …are both the requirements one and the same thing or is there any difference in substantive audit procedures and substantive procedures and what are the assertions to be tested for purchases system …i thought we are only testing controls for purchases and sales system
for westra company can you give one substantive test for each to check completeness occurence and cut off
You have changed what you are talking about part way through. I don’t know if you are talking about substantive audit procedures compared to audit procedures or substantive audit procedures compares to substantive procedures.
The substantive audit procedures you describe are directed at the purchases amount in the income statement. Audit procedures can be either tests of control or substantive procedures relating, here to the purchases system, which would include both income statement and SOFP amounts.
i was asking that is there any difference between substantive procedures and audit procedures….if they ask us to apply audit procedures on purchases system than we can include both test of controls and substantive procedures and if they ask us to apply substantive procedures on purchases system than we have dont have to include test of controls only go for substantive procedures…am i right with this?
You are right.
Audit procedures are any procedures carried out during an audit. Audit procedures therefore include both tests of control and substantive tests.
Therefore they could specify audit prodedures in gerneral or limit the requirements either to tests of control or to substantive tests.
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