Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
10th Edition
ISBN: 9780077732509
Author: William F Messier Jr, Steven M. Glover Associate Professor, Douglas F. Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 11, Problem 11.28P
To determine

Concept Introduction:An analytical procedure is a part of audit procedure that evaluates the financial statement by comparing the financial data with the non-financial data.A substantive audit procedure helps to identify the shreds of evidence related to a particular transaction, or it helps to collect the reasonable evidence for a specific assertion. .

To describe: The substantive audit procedures CPA should apply to company’s trade account payable balance

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