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9 Types of Audit Procedures To Obtain Audit Evidence
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Chapter 5: Audit Evidence | Auditing
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. —
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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.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
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