AUD Prep: In audit planning, the auditor has to decide what specific substantive procedures to perform. This includes determining how much emphasis should be placed on tests of details vs substantive analytical procedures.

Which procedure is more less labor intensive and why?

Question

In audit planning, the auditor has to decide what specific substantive procedures to perform. This includes determining how much emphasis should be placed on tests of details vs substantive analytical procedures.

Which procedure is more less labor intensive and why?

Monique Tyler · Accepted Answer

Substantive Analytical Procedures -

Tend to be less labor intensive and less expensive, but which provide a relatively weaker basis for conclusions for most financial statement assertions

AUD Prep

In audit planning, the auditor has to decide what specific substantive procedures to perform. This includes determining how much emphasis should be placed on tests of details vs substantive analytical procedures. Which procedure is more less labor intensive and why?

Substantive Analytical Procedures - Tend to be less labor intensive and less expensive, but which provide a relatively weaker basis for conclusions for most financial statement assertions

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