Audit Sampling
Why you do substantive testing
Why you test control
What is the characteristics of sampling
what is the...
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Accounting
Audit Sampling
Why you do substantive testing
Why you test control
What is the characteristics of sampling
what is the objective choosing a sample
TER = how to control
Relation with ARIA, TER , EPER
Definition of risk of material misstatement and howto handle in various situations
Job of credit manager = how it affects your audit work
Definition of what is an error
Answer & Explanation
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1 The purpouse behind a substantive test is to make sure that the information in the financial statements are backed with supportive source documents Source documents support the auditor statement that there is no material
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