9 Types of Audit Procedures and Evidence

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Auditors may use 9 different types of audit procedures to collect evidence during the course of an audit. These audit procedures include: (1) inquiry, (2) confirmation, (3) inspection of records or documents (vouching and tracing), (4) inspection of tangible assets, (5) observation, (6) recalculation, (7) reperformance, (8) analytical procedures, and (9) scanning. —
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.

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You actually summed up a whole lecture to a 6 minute video. Thanks for the 15 marks!!

ishyr
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This is so helpful, taking an auditing class with NO lectures is stressful to me. I'm expected to just read the book (4 chapters/week) and understand everything. Thank you for these videos!!!

grissinger
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Thank you very much! Your videos helped me a lot!

rdainec
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Yes, thank you. I retain better as a visual/hearing learner rather than reading

nilybe
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I got a test today and it’s 00:33 . I never thought this would be this easy to understand

thubelihlemoloi
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im just grateful there are folks like you

likhayakweila
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*Great educational finance video; implementing these practices are bound to encourage transparency & accountability, which are imperative in any **business.Now** if government accounts were strictly audited employing these practices, then there would never be any room for corruption via kickbacks (taking money under the table), bribes, inflated contract prices & the likes, and the people of the country would be getting value for money everytime.*

ivornworrell
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If only I found this video when I was still in my audit class I dont have to cram to read the books 1 night before the exam lolll

franciskastevany
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Thank you so much for making these videos! Would you mind doing some on types of audit sampling?

eve___vd
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watching this make me reliazed, class can be more effective and efficient instead of stay in boring 2 hours but got nothing,

adnansz
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i love your lesson and learn more from your video but can you put subtitles my mother language arabic and i can't undrestand wihout subtitles enghlish and thank you for your effort

mohamedmaher
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Anyone have script of this video ? Please .

uctrung
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Yee there are all kinds of fraud going on here hahah. That was a funny start.

mustafauzun