AUDITING LL W/ CONNECT <C>
AUDITING LL W/ CONNECT <C>
11th Edition
ISBN: 9781307416268
Author: MESSIER
Publisher: MCGRAW-HILL HIGHER EDUCATION
bartleby

Concept explainers

Question
Book Icon
Chapter 15, Problem 15.24P
To determine

Introduction: The substantive audit procedures are the procedures applied by an auditor to test the assertions like existence, occurrence, completeness, validity, etc. Whenever an auditor suspects any kind of error or fraud in the financial statements, substantive audit procedures are designed in order to find out such errors in the statements.

To explain: The substantive audit procedures to be applied in examining common stock and treasury stock accounts.

Blurred answer
Students have asked these similar questions
Co
If data is unclear or blurr then comment i will  write it. no ai i will give unhelp
don't use chatgptIf data is unclear or blurr then comment i will  write it.
Knowledge Booster
Background pattern image
Finance
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning